What is the median home value in University Park, TX?
The median value of owner-occupied homes in University Park, TX is $1,861,800 (±$137,230), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
In University Park, the median home value went from $1,295,500 in 2015–2019 to $1,861,800 in 2020–2024 (+43.7%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median home value
- $1,861,800 (±$137,230)
- Owner-occupied homes
- 5,794 (±313)
- Most common range
- $1,000,000 or more
Home values in University Park
| Value | University Park | Dallas County | Texas | United States |
|---|---|---|---|---|
| Less than $50,000 | 1.3% (±1.0 points) | 3.9% | 6.0% | 5.3% |
| $50,000 to $99,999 | 0.0% (±0.9 points) | 3.1% | 7.3% | 6.1% |
| $100,000 to $149,999 | 0.2% (±0.2 points) | 5.8% | 7.7% | 6.8% |
| $150,000 to $199,999 | 1.1% (±0.9 points) | 10.2% | 10.2% | 9.0% |
| $200,000 to $299,999 | 0.1% (±0.2 points) | 26.5% | 22.1% | 17.8% |
| $300,000 to $499,999 | 2.8% (±1.4 points) | 28.8% | 28.0% | 26.9% |
| $500,000 to $999,999 | 9.2% (±2.9 points) | 15.4% | 14.9% | 20.9% |
| $1,000,000 or more | 85.2% (±3.6 points) | 6.3% | 3.7% | 7.1% |
The most common range is $1,000,000 or more, 85.2% of owned homes.
Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.
University Park against Dallas County, its state and the nation
| University Park | Dallas County | Texas | United States | |
|---|---|---|---|---|
| Median home value | $1,861,800 (±$137,230) | $303,000 (±$2,811) | $283,800 (±$738) | $332,700 |
| Owner-occupied homes | 5,794 (±313) | 498,911 (±4,480) | 6,879,255 (±32,101) | 84,210,142 |
In University Park, the median home value is higher than in Dallas County ($303,000).
It is also higher than in Texas ($283,800).
It is higher than the national figure ($332,700).
In Dallas County, University Park ranks 2 of 25 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 9 of 1,372.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How home values in University Park have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $1,295,500 (±$69,742) | $1,861,800 (±$137,230) | +43.7% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median home value in places near University Park
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| University Park | — | $1,861,800 (±$137,230) | — |
| Highland Park | 1.3 mi | $1,989,900 (±$182,136) | Not measurably different |
| Dallas | 4.2 mi | $320,700 (±$5,461) | Lower |
| Farmers Branch | 7.3 mi | $364,600 (±$17,707) | Lower |
| Addison | 8.3 mi | $482,000 (±$25,158) | Lower |
| Cockrell Hill | 9.4 mi | $189,800 (±$36,528) | Lower |
| Richardson | 9.9 mi | $431,400 (±$6,608) | Lower |
| Irving | 10 mi | $315,600 (±$9,697) | Lower |
| Garland | 10 mi | $270,800 (±$5,445) | Lower |
Nearby places with a measurably lower figure: Dallas, TX ($320,700), Farmers Branch, TX ($364,600), Addison, TX ($482,000).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median home value across Dallas County, place by place
| Rank | Place | Median home value |
|---|---|---|
| 1 | Highland Park | $1,989,900 (±$182,136) |
| 2 | University Park | $1,861,800 (±$137,230) |
| 3 | Sunnyvale | $565,300 (±$33,126) |
| 4 | Coppell | $560,500 (±$16,074) |
| 5 | Addison | $482,000 (±$25,158) |
| 6 | Richardson | $431,400 (±$6,608) |
| 7 | Sachse | $406,200 (±$20,687) |
| 8 | Rowlett | $368,800 (±$8,626) |
Showing 8 of 25 places in Dallas County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in University Park
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for University Park beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near University Park, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near University Park, and send estimates and invoices from your phone.
Questions about University Park
What is the average home value in University Park, TX?
The Census Bureau publishes the median: $1,861,800 (±$137,230) for owner-occupied homes in University Park (2020–2024 American Community Survey).
Have home values in University Park gone up?
In University Park, the median home value went from $1,295,500 in 2015–2019 to $1,861,800 in 2020–2024 (+43.7%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Is this what homes in University Park sell for?
No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — University Park city, Texas
- Median Value (B25077), 2015–2019 ACS 5-year estimates — University Park city, Texas
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — University Park city, Texas
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — University Park city, Texas
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for University Park city, Texas (place:74492, in state:48).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.
The API needs a free key.
DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in University Park at a glance
- Median rent in University Park
- Rent by bedrooms in University Park
- Rent burden in University Park
- Renters and owners in University Park
- Income and affordability in University Park
- Homeowner costs in University Park
- Property taxes in University Park
- Types of homes in University Park
- Bedrooms in University Park
- Age of homes in University Park
- Vacancy rate in University Park
- Heating fuel in University Park
- Commute and cars in University Park
- Crime reported to police in University Park
- Population growth in University Park
- How long people stay in University Park
- Crowding and facilities in University Park
- Fair Market Rent in University Park
- Texas landlord and tenant rules
- Housing across Dallas County
- Texas places ranked by median home value
- Housing data for every place in Texas