ZIP Code 75231 — Dallas, TX Home Prices (2026)
The typical home in ZIP 75231 (Dallas, Texas) is worth about $297,000 at roughly $176 per square foot — 1% more affordable than the Dallas median and 1% more expensive than the typical U.S. home.
How 75231 compares
ZIP 75231 is a mid-priced ZIP code for Dallas: its typical home value of $297,000 ranks #22 of the 41 Dallas ZIP codes we track (the citywide range runs from $146,000 in 75210 to $1,076,000 in 75209). Per square foot it costs about $176, against $227 for Dallas as a whole, $173 for Texas, and $195 nationally.
| Area | Typical value | $ / sq ft |
|---|---|---|
| ZIP 75231 | $297,000 | $176 |
| Dallas, TX | $299,000 | $227 |
| Texas | $264,000 | $173 |
| United States | $294,000 | $195 |
Home value by size in 75231
Using this ZIP’s rate of about $176 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.
| Home size | Estimated value |
|---|---|
| 1,000 sq ft | $176,000 |
| 1,500 sq ft | $264,000 |
| 2,000 sq ft | $352,000 |
| 2,500 sq ft | $440,000 |
| 3,000 sq ft | $528,000 |
Salary needed to buy a home in ZIP 75231
To buy the typical $297,000 home in ZIP 75231 with 20% down, you need a household income of roughly $81,000 a year (about $1,890 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $96,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $14,900 | $2,340/mo | $100,000/yr |
| 10% (+PMI) | $29,700 | $2,240/mo | $96,000/yr |
| 20% | $59,400 | $1,890/mo | $81,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in ZIP 75231
At about $176 per square foot, here is roughly how much home different budgets get you in ZIP 75231:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $150k | 850 sq ft | below the local median — condos, smaller or older homes |
| $200k | 1140 sq ft | below the local median — condos, smaller or older homes |
| $250k | 1420 sq ft | around the typical home here |
| $300k | 1700 sq ft | around the typical home here |
| $400k | 2270 sq ft | above the median — larger homes or the pricier ZIPs |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens pre-filled with a typical 75231 home.
Estimate a specific home in 75231
The estimator below is pre-set to ZIP 75231 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.
All Dallas ZIP codes by home value
Where 75231 sits among Dallas’s 41 ZIP codes:
| # | ZIP code | Typical value | $ / sq ft |
|---|---|---|---|
| 1 | 75209 | $1,076,000 | $398 |
| 2 | 75230 | $1,073,000 | $331 |
| 3 | 75201 | $996,000 | $630 |
| 4 | 75214 | $848,000 | $420 |
| 5 | 75229 | $756,000 | $342 |
| 6 | 75207 | $709,000 | $373 |
| 7 | 75238 | $642,000 | $329 |
| 8 | 75248 | $636,000 | $244 |
| 9 | 75206 | $614,000 | $313 |
| 10 | 75252 | $608,000 | $246 |
| 11 | 75218 | $559,000 | $360 |
| 12 | 75220 | $528,000 | $375 |
| 13 | 75204 | $501,000 | $310 |
| 14 | 75287 | $464,000 | $227 |
| 15 | 75219 | $423,000 | $317 |
| 16 | 75208 | $420,000 | $287 |
| 17 | 75240 | $404,000 | $224 |
| 18 | 75246 | $385,000 | $219 |
| 19 | 75226 | $313,000 | $253 |
| 20 | 75254 | $300,000 | $229 |
| 21 | 75243 | $299,000 | $158 |
| 22 | 75231 (this page) | $297,000 | $176 |
| 23 | 75233 | $290,000 | $198 |
| 24 | 75249 | $289,000 | $167 |
| 25 | 75235 | $280,000 | $256 |
| 26 | 75228 | $277,000 | $225 |
| 27 | 75236 | $275,000 | $176 |
| 28 | 75202 | $272,000 | $258 |
| 29 | 75237 | $269,000 | $179 |
| 30 | 75253 | $259,000 | $168 |
| 31 | 75223 | $258,000 | $240 |
| 32 | 75212 | $248,000 | $225 |
| 33 | 75232 | $237,000 | $171 |
| 34 | 75224 | $235,000 | $221 |
| 35 | 75227 | $224,000 | $172 |
| 36 | 75241 | $213,000 | $176 |
| 37 | 75203 | $203,000 | $222 |
| 38 | 75217 | $198,000 | $183 |
| 39 | 75215 | $174,000 | $185 |
| 40 | 75216 | $173,000 | $177 |
| 41 | 75210 | $146,000 | $175 |
ZIP 75231 home prices: frequently asked
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See the full Dallas home values page, all Texas cities, or price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. A single ZIP contains very different homes; actual values vary and change over time.