Grand Prairie, Texas Real Estate Market Analysis

dynamic.RE

Grand Prairie, Texas

5 ZIPs in this city:75050 75051 75052 75053 75054

Market Hotness

Hotness Rank

Hotness Score

Supply Score

Demand Score

DOM vs US

-10.2%

Faster

Price vs US

85%

Below avg

Median Listing Price

$372K

Population

201,439

Households

68,205

Median Days on Market

Active Listings

256

New Listings

132

Housing Market

Pricing

Median Listing Price

$372K-3.7% YoY

Average Listing Price

$392K-1.1% YoY

Price per Sq Ft

$169.934-5.5% YoY

Median Sq Ft

2,173+2.1% YoY

Inventory

Active Listings

256-15.0% YoY

New Listings

132-13.2% YoY

Total Listings

390-8.5% YoY

Buyer Competition

Pending Listings

134+4.7% YoY

Pending Ratio

0.52+23.9% YoY

Median Days on Market

42-7.9% YoY

Price Reduced

19.1%-35.5% YoY

Units & Occupancy

2024 Occupancy

1.1Munits

Occupied982,73792.3%
Vacant82,2287.7%

2024 Tenure

983Koccupied

Owner498,91150.8%
Renter483,82649.2%

Renter Share

49.2%0.0% YoY

Total Housing Units

1,064,965+1.1% YoY

FY2026 Fair Market Rent — Dallas County

HUD government estimate (40th percentile) — not actual market asking rent.

Studio

$1,582

/month

1 BR

$1,648

/month

2 BR

$1,931

/month

3 BR

$2,431

/month

4 BR

$3,091

/month

FMR Trends — Dallas County

Source: HUD Fair Market Rents

ZIP Profile

U.S. Census ACS characteristics rolled up across the ZIP Code Tabulation Areas in this area, not the parent county.

Population & Age

Total Population

201,439+1.9% YoY

2024 Age Mix

201Kresidents

Under 1854,46727.0%
Adults 18–64124,82162.0%
65 & Over22,15111.0%

Age Composition Over Time2019–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Median Age

34.27+2.2% YoY

Population Under 18

54,467-3.1% YoY

Population 65 & Over

22,151+4.7% YoY

Households & Mobility

Total Households

68,205+2.5% YoY

Household Types

--Not reported for this area (ACS).

Avg Household Size

2.95-0.5% YoY

2024 Residential Mobility

of residents

Same house87.3%
Moved (within US)11.7%
Other1.0%

Veterans

5.3%+0.4% YoY

Income & Poverty

Median Household Income

$85K+3.9% YoY

Per-Capita Income

$35K+2.4% YoY

Mean Household Income

$102K+1.8% YoY

Below Poverty Level

11.9%+0.1% YoY

Commuting

2024 Commute Mode

of workers

Drove alone73.3%
Public transit0.1%
Worked from home12.7%
Other13.9%

Worked From Home

12.7%+13.2% YoY

Mean Commute

28.11-1.3% YoY

Units & Tenure

Total Housing Units

71,620+2.3% YoY

2024 Occupancy

72Kunits

Occupied68,20595.2%
Vacant3,4154.8%

2024 Tenure

68Khouseholds

Owner39,89258.5%
Renter28,31341.5%

Avg Household Size — Owner

3.24-0.2% YoY

Avg Household Size — Renter

2.54-1.7% YoY

County Demographics

Median Age

34.12024

Population

Dallas County Population

2,656,028+0.8% YoY

Households

Total Households

982,737+1.1% YoY

Household Types

--Not reported for this area (ACS).

Avg Household Size

2.63-0.8% YoY

Age

2024 Age Mix

2.6Mresidents

Under 18658,54125.1%
Adults 18–641,653,58363.1%
65 & Over309,05511.8%

Age Composition Over Time2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

658,541-0.5% YoY

Population 65 & Over

309,055+3.4% YoY

Median Age

34.10+0.3% YoY

Mobility & Veterans

2024 Residential Mobility

of residents

Same house86.2%
Moved (within US)12.7%
Other1.1%

Veterans

4.2%-2.3% YoY

County Economy

Income

Median Household Income

$77K+3.2% YoY

Per-Capita Income

$43K+3.1% YoY

Mean Household Income

$112K+3.0% YoY

Poverty

Below Poverty Level

13.9%-0.7% YoY

Transportation to Work

2024 Commute Mode

of workers

Drove alone68.4%
Public transit1.4%
Worked from home15.7%
Other14.5%

Worked From Home

15.7%+12.9% YoY

Mean Commute

26.80-1.5% YoY

Grand Prairie, Texas

5 ZIPs in this city:75050 75051 75052 75053 75054

Market Hotness

Hotness Rank

Hotness Score

Supply Score

Demand Score

DOM vs US

-10.2%

Faster

Price vs US

85%

Below avg

Median Listing Price

$372K

Population

201,439

Households

68,205

Median Days on Market

Active Listings

256

New Listings

132

Housing Market

Pricing

Median Listing Price

$372K-3.7% YoY

Average Listing Price

$392K-1.1% YoY

Price per Sq Ft

$169.934-5.5% YoY

Median Sq Ft

2,173+2.1% YoY

Inventory

Active Listings

256-15.0% YoY

New Listings

132-13.2% YoY

Total Listings

390-8.5% YoY

Buyer Competition

Pending Listings

134+4.7% YoY

Pending Ratio

0.52+23.9% YoY

Median Days on Market

42-7.9% YoY

Price Reduced

19.1%-35.5% YoY

Units & Occupancy

2024 Occupancy

1.1Munits

Occupied982,73792.3%
Vacant82,2287.7%

2024 Tenure

983Koccupied

Owner498,91150.8%
Renter483,82649.2%

Renter Share

49.2%0.0% YoY

Total Housing Units

1,064,965+1.1% YoY

FY2026 Fair Market Rent — Dallas County

HUD government estimate (40th percentile) — not actual market asking rent.

Studio

$1,582

/month

1 BR

$1,648

/month

2 BR

$1,931

/month

3 BR

$2,431

/month

4 BR

$3,091

/month

FMR Trends — Dallas County

Source: HUD Fair Market Rents

ZIP Profile

U.S. Census ACS characteristics rolled up across the ZIP Code Tabulation Areas in this area, not the parent county.

Population & Age

Total Population

201,439+1.9% YoY

2024 Age Mix

201Kresidents

Under 1854,46727.0%
Adults 18–64124,82162.0%
65 & Over22,15111.0%

Age Composition Over Time2019–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Median Age

34.27+2.2% YoY

Population Under 18

54,467-3.1% YoY

Population 65 & Over

22,151+4.7% YoY

Households & Mobility

Total Households

68,205+2.5% YoY

Household Types

--Not reported for this area (ACS).

Avg Household Size

2.95-0.5% YoY

2024 Residential Mobility

of residents

Same house87.3%
Moved (within US)11.7%
Other1.0%

Veterans

5.3%+0.4% YoY

Income & Poverty

Median Household Income

$85K+3.9% YoY

Per-Capita Income

$35K+2.4% YoY

Mean Household Income

$102K+1.8% YoY

Below Poverty Level

11.9%+0.1% YoY

Commuting

2024 Commute Mode

of workers

Drove alone73.3%
Public transit0.1%
Worked from home12.7%
Other13.9%

Worked From Home

12.7%+13.2% YoY

Mean Commute

28.11-1.3% YoY

Units & Tenure

Total Housing Units

71,620+2.3% YoY

2024 Occupancy

72Kunits

Occupied68,20595.2%
Vacant3,4154.8%

2024 Tenure

68Khouseholds

Owner39,89258.5%
Renter28,31341.5%

Avg Household Size — Owner

3.24-0.2% YoY

Avg Household Size — Renter

2.54-1.7% YoY

County Demographics

Median Age

34.12024

Population

Dallas County Population

2,656,028+0.8% YoY

Households

Total Households

982,737+1.1% YoY

Household Types

--Not reported for this area (ACS).

Avg Household Size

2.63-0.8% YoY

Age

2024 Age Mix

2.6Mresidents

Under 18658,54125.1%
Adults 18–641,653,58363.1%
65 & Over309,05511.8%

Age Composition Over Time2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

658,541-0.5% YoY

Population 65 & Over

309,055+3.4% YoY

Median Age

34.10+0.3% YoY

Mobility & Veterans

2024 Residential Mobility

of residents

Same house86.2%
Moved (within US)12.7%
Other1.1%

Veterans

4.2%-2.3% YoY

County Economy

Income

Median Household Income

$77K+3.2% YoY

Per-Capita Income

$43K+3.1% YoY

Mean Household Income

$112K+3.0% YoY

Poverty

Below Poverty Level

13.9%-0.7% YoY

Transportation to Work

2024 Commute Mode

of workers

Drove alone68.4%
Public transit1.4%
Worked from home15.7%
Other14.5%

Worked From Home

15.7%+12.9% YoY

Mean Commute

26.80-1.5% YoY