75247 — Dallas County, Texas Market Snapshot

Housing market data for zip code 75247 in Dallas County, Texas. Updated monthly with median prices, days on market, and more.

Data as of April 2021

Limited Sales Data

Only 1 home sold in this ZIP code during the selected period. Statistics may not be representative. See the Dallas County county page for broader data.

Market Sales Data

1 sales in 2021

Source: Redfin

Median Sale Price

$515,000

Closed sales

Days to Sell

89

Median, listing to close

Homes Sold

1

Closed in 2021

Inventory

N/A

Conforming Loan Available

Most homebuyers in 75247 can comfortably use conventional financing. The median home price of $515,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Market Insights

Market Temperature

With homes sitting for 89 days on average, 75247 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.

Conforming Loan Feasibility

Most homebuyers in 75247 can comfortably use conventional financing. The median home price of $515,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Loan limits in 75247 are set at the county level.

2026 Loan Limits — Dallas County

Property Units Conforming Limit FHA Limit
1 Unit$832,750$563,500
2 Units$1,066,250$721,400
3 Units$1,288,800$872,000
4 Units$1,601,750$1,083,650

Affordability Snapshot — Zip 75247

To purchase the median home at $515,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $4,096.

Monthly Payment

$4,096

Income Required

$175,533

Principal & Interest

$3,173/mo

Down Payment (5%)

$25,750

Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.

Mortgage Calculator

Estimate your monthly payment for a home in 75247.

%
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Estimated Monthly Payment

$3,337

Principal & Interest$2,672
Property Tax$515
Insurance$150
Loan Amount$412,000
Total Interest$549,999
Income Required$143,024/yr

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