New - 2 hours on Rocket
#20833698, Dan Rhodes, Burton Rhodes, Listing Office: Compass RE Texas, LLC.
University Park / Highland Park Area Housing Market Report January 2025•Dallas County, Texas
Housing Prices in University Park / Highland Park Area, TX
How much do homes in University Park / Highland Park Area, TX cost?
Median List Price
$2,182,250$624/SqFt
+$32,250
+1.5%
Based on all homes listed in the last 12 months
Insight
The list price of homes in University Park / Highland Park Area has increased by 1.5% since last year.
Summary: The median home list price in University Park / Highland Park Area was $2,182,250 in January 2025, up 1.5% from the previous year, and the median price per square foot was $624.
Median List Price By City
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| University Park / Highland Park Area | $2.1M | $2.1M | +1.5% |
| Preston Place | $2.4M | $2.1M | -12.9% |
Median List Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $174.9K | $270K | +54.3% |
| 22 Bedrooms | $725K | $705K | -2.8% |
| 33 Bedrooms | $1.4M | $1.4M | +2.7% |
| 44 Bedrooms | $2.3M | $2.4M | +8.5% |
| 55+ Bedrooms | $3.4M | $3.7M | +7.3% |
Summary: University Park / Highland Park Area housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +54.3%. The home price for 2 bedroom homes decreased by -2.8%. The home price for 3 bedroom homes increased by +2.7%. The home price for 4 bedroom homes increased by +8.5%. The home price for 5 bedroom homes increased by +7.3%.
Housing supply in University Park / Highland Park Area, TX
How many homes are available in University Park / Highland Park Area, TX?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 166Last MonthJan 2025 | ||
| 1522 months agoDec 2024 | +9.2 % Change MoMDec – Jan |
Summary: The University Park / Highland Park Area real estate market had 166 homes for sale in Jan 2025, a 9.2 % increase compared to Dec 2024.
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 2 | +100.0% |
| 22 Bedrooms | 16 | 21 | +31.3% |
| 33 Bedrooms | 36 | 35 | -2.8% |
| 44 Bedrooms | 54 | 49 | -9.3% |
| 55+ Bedrooms | 45 | 59 | +31.1% |
Summary: University Park / Highland Park Area housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes increased by +31.3%. The inventory for 3 bedroom homes decreased by -2.8%. The inventory for 4 bedroom homes decreased by -9.3%. The inventory for 5 bedroom homes increased by +31.1%.
Days on Market for University Park / Highland Park Area, TX
How long does it take to sell a home in University Park / Highland Park Area, TX?
Average Listing Age
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 70 DaysThis YearJan 2025 | ||
| 118 Days1 year agoJan 2024 | -40.9 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in University Park / Highland Park Area had an average listing age of 70 days in Jan 2025, down by 40.9% compared to the previous year.
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Newest Listings in University Park / Highland Park Area, TX
What homes are available in University Park / Highland Park Area, TX?
New - 4 hours on Rocket
#20823074, Michelle Wood, Listing Office: Compass RE Texas, LLC.
New - 4 hours on Rocket
$10,000 Closing Credit¹
#20834120, Gianna Cerullo, Listing Office: Compass RE Texas, LLC.
New - 5 hours on RocketVideo tour
#20827828, Chad Barrett, Listing Office: Allie Beth Allman & Assoc.
New - 9 hours on RocketVideo tour
$10,000 Closing Credit¹
#20833111, Emily Rogers, Listing Office: Allie Beth Allman & Assoc.
New - 10 hours on RocketVideo tour
#20831408, Tom Hughes, Cary Smith, Listing Office: Compass RE Texas, LLC.
New - 1 day on RocketVideo tour
$10,000 Closing Credit¹
#20831741, Sherri Stone, Listing Office: CityScape Realty
New - 2 days on RocketVideo tour
$10,000 Closing Credit¹
#20832693, Susie Thompson, Listing Office: Allie Beth Allman & Assoc.
New - 3 days on RocketVideo tour
$5,463 Closing Credit¹
#20832420, Ines De Urtubey, Listing Office: Corner House Company
New - 3 days on RocketVideo tour
$10,000 Closing Credit¹
#20832321, Emily Schultz, Betsy Weber Hurst, Listing Office: Compass RE Texas, LLC.
New - 3 days on RocketVideo tour
#20823631, Alex Perry, Elizabeth Wisdom, Listing Office: Allie Beth Allman & Assoc.
New - 3 days on RocketVideo tour
#20829163, Lauren Laughry, Elizabeth Conroy, Listing Office: Allie Beth Allman & Assoc.
Nearby markets
Nearby markets aren't available for University Park / Highland Park Area, TX
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MLS Disclaimers and Copyright
Based on information from North Texas Real Estate Information Systems Inc., for the period 02/01/2023 - 02/01/2025
©2025 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 2/3/2025, 7:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.