What University Park actually sells for
168 homes sold in University Park over the last twelve months.
Aggregate NTREIS statistics for University Park, updated nightly. No individual listing or address is ever shown.
University Park home sales, the last twelve months
168 homes sold in University Park over the last twelve months, $555.8M in all. The middle price was $2,845,000 (≈ $17,346/mo with 10% down), a typical home found its buyer in 20 days, and prices here run 611% above the DFW median.
The average runs 16% above the middle, which is the high end of University Park pulling it up. The median is the better read on a typical home; the average is the better read on how much money is moving.
University Park’s numbers, in your inbox every month.
What sold, for how much and how fast, in the part of University Park you care about.
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University Park at a glance
- The typical home
A 4-bedroom home of about 4,192 square feet, built around 1998.
- What it costs
$2,845,000 for the home in the middle, 611% above the Dallas-Fort Worth median. About $686 a square foot.
- How fast it moves
20 days to find a buyer for the typical home, and 18.4% of homes sold over their asking price.
- Who has the edge
Sellers. 3.5 months of homes for sale at today's pace of sales, where about six is even.
- The last year
Prices rose 24% on the year before, on 31% fewer sales.
The people who read these numbers
Every figure on this page comes from the MLS. What a number means for one house, one street or one offer is a conversation, and it is one we have every day.
Talk to Austin and DavisWhose market is University Park?
Fewer homes for sale than buyers to absorb them, so sellers hold the edge on price and terms. Right now that's 49 homes on the market against a pace of 14 sales a month, median asking $2,949,000.
University Park against the cities next door
The alternative to a house here is usually a house one town over. Here is what that trade actually costs.
Median sale price over the window, for University Park and every city that borders it, and it follows the Median/Average switch at the top of the page. The towns next door are usually the real alternative, and a few minutes' drive can be worth a hundred thousand dollars in either direction.
How University Park moved, month by month
What homes here sold for
Every sale in the window, sorted into price ranges, so you can see where the middle of this market sits.
Most homes sold between $1,500,000 and $1,550,000. The median sale was $2,845,000, the highlighted bar.
Shares are of sales where we hold an asking price to compare against. They do not add to 100%: the rest sold at exactly the asking price, which is about a fifth of all sales. Bands under 20 sales are left out rather than shown on a handful of homes.
How often University Park sellers help with closing costs
Money from the seller toward the buyer's costs often moves before asking prices do, which makes it one of the earliest signs a market is turning.
Fewer sellers are contributing than two years ago. In University Park, 15% of homes sold in the last twelve months came with money from the seller toward the buyer's costs. The typical amount was $8,228, about 0.5% of the sale price.
Share of closed sales where the seller contributed toward the buyer's closing costs, with the typical contribution when one was given. Both the median and the average are taken over the same cleaned set. Based on 168 of the 168 sales that closed in the last twelve months. The rest closed before the MLS recorded this field, and are excluded rather than counted as zero, and 3 entries above 10% of the sale price were dropped as data-entry errors.
Where University Park actually trades
The city median is one number stretched over very different neighborhoods. Here it is broken apart three ways: by the elementary school a home is zoned to, by area on the map, and by the subdivisions with the most sales.
Homes zoned to Hyer sold at a median of $4,750,000, against $1,521,550 for Armstrong. Same city.
| Elementary zone | Homes sold | Median price | $ / sq ft | Days on market |
|---|---|---|---|---|
| University Park | 43 | $3,100,000 | $692 | 20 |
| Hyer | 37 | $4,750,000 | $895 | 19 |
| Armstrong | 32 | $1,521,550 | $498 | 20 |
| Michael M Boone | 31 | $2,995,000 | $739 | 9 |
| Bradfield | 24 | $1,975,000 | $583 | 32 |
University Park sales grouped by the elementary school a home is zoned to, which is the boundary most families actually shop against. These zones cover 99% of everything that sold here. Only zones with at least a dozen sales are shown, so every figure rests on real volume. The price column follows the Median/Average switch at the top of the page. School assignment comes from the listing record at the time of sale; boundaries change, so confirm current zoning with the district before relying on it.
| Neighborhood | Homes sold | Median price | $ / sq ft | Days on market |
|---|---|---|---|---|
| University Heights | 30 | $4,825,000 | $830 | 27 |
What a typical University Park home looks like
Medians across every University Park sale in the window. Half of what sold was bigger, half smaller.
University Park, in plain questions
What does the median home in University Park cost?
What is the average home price in University Park, and how is it different from the median?
Is University Park a buyer's or a seller's market?
How fast do homes sell in University Park?
How does University Park compare to the rest of DFW?
- Austin
- Davis
These numbers describe the city. Pricing one specific house, or competing for it, needs someone who has walked the comparable homes. That part is on us.
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