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Dallas Hall on the campus of Southern Methodist University, Dallas, Texas LCCN2015630915Photo: Carol M. Highsmith · Public domain
Housing in University Park

177 homes sold in University Park in the last year, at a typical $2.8M

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where University Park homes are listed.

Homes for sale in University ParkZillowRedfinRealtor.comMore places to look ↓
Homes sold
177
October 2025 to September 2026
Typical sale price
$2.8M
houses $2.8M · condos $757K (year to May 2026)
Price per square foot
$698
Texas $172
Paid vs. asking
98.1%
18% sold over asking
For sale now
65
September 2026 · 13 sold that month
What sold · last 12 months

11% of University Park’s sales are condos, at $2.1M less than a house

161 houses and 22 condos sold in the year to May 2026. Condos sell faster. Houses draw more bidding wars.

Houses$2.8M

typical sale · 161 sold in the year to May 2026

Per square foot
$698TX $173
Days to sell
51
Sold over asking
15%
Listings with a price cut
23%
Condos$757K

typical sale · 22 sold in the year to May 2026

Per square foot
$459TX $226
Days to sell
32
Sold over asking
9%
Listings with a price cut
18%
Fewer sales

Multi-family (2–4 units): 6 sold, typical $1.9M
Townhouses: 7 sold, typical $1.2M

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than a decade ago, at 2.2 times the 2016 price

177 sales in the last year, against 404 in 2013 and a low of 180 in 2022. The typical sale went from $1.2M in 2016 to $2.8M.

Homes soldTypical sale price
0112225337450$1.3M$1.9M$2.4M$2.9M2012: 384 sold, typical $910K’122013: 404 sold, typical $1M2014: 338 sold, typical $1.1M’142015: 373 sold, typical $1.1M2016: 331 sold, typical $1.2M’162017: 341 sold, typical $1.2M2018: 325 sold, typical $1.3M’182019: 343 sold, typical $1.4M2020: 312 sold, typical $1.5M’202021: 395 sold, typical $1.5M2022: 180 sold, typical $1.9M’222023: 181 sold, typical $2.1M2024: 202 sold, typical $2.1M’242025: 236 sold, typical $2.4MLast 12 months: 177 sold, typical $2.8MNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What your budget buys

What $2M buys in University Park

Houseat $698 a sq ft, year to May 2026
Condoat $459 a sq ft, year to May 2026
The same money in Texasat $173 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what University Park homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in University Park are more common than before the pandemic, but 60% fewer homes come up for sale

We read every month of University Park’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 177 sales.

If you’re buying in University Park

  • Shop in June. It brings about 45 new listings a month, close to the busiest month, with fewer bidding wars (16% over asking).
  • Bid near asking. Buyers paid 98.1% of the list price on average; 18% paid over.
  • You’ll usually have time. Only 40% of homes go under contract within two weeks; the typical one takes 37 days.
Best time to buy

Spring brings both the most homes and the most bidding wars

April has the most new listings (about 49 a month), and the most competition: 23% close over asking. May and June offer nearly as much choice with fewer homes bid up (20%). October has the least competition (9%) but only about 28 new listings.

New listings a monthShare sold over asking
012.52537.55013%27%40%Sweet spotJan: 35 new listings a month, 14% sold over asking, 75 days to sellJFeb: 42 new listings a month, 18% sold over asking, 67 days to sellFMar: 45 new listings a month, 19% sold over asking, 34 days to sellMApr: 49 new listings a month, 23% sold over asking, 32 days to sellAMay: 43 new listings a month, 20% sold over asking, 37 days to sellMJun: 45 new listings a month, 16% sold over asking, 43 days to sellJJul: 32 new listings a month, 15% sold over asking, 41 days to sellJAug: 27 new listings a month, 13% sold over asking, 53 days to sellASep: 31 new listings a month, 10% sold over asking, 60 days to sellSOct: 28 new listings a month, 9% sold over asking, 58 days to sellONov: 19 new listings a month, 9% sold over asking, 69 days to sellNDec: 10 new listings a month, 14% sold over asking, 57 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and hotter than Texas

University Park now2017–192021 peakTX now
Sold over askingShare of sales that closed above the list price18%6%32%11%
Gone within two weeksShare of homes under contract within 14 days40%25%57%20%
Price paid vs. askingAverage sale price ÷ list price98.1%96.4%99.2%96.9%
Days to sellMedian days from listing to contract37622674
Supply

55 homes for sale on a typical day

That’s 2.2 times the 2022 low (26), 60% fewer than in 2017–19 and well under 2018’s 144.

2012: 124 for sale’122013: 102 for sale2014: 118 for sale2015: 135 for sale’152016: 139 for sale2017: 143 for sale2018: 144 for sale’182019: 131 for sale2020: 96 for sale2021: 44 for sale’212022: 26 for sale2023: 35 for sale2024: 66 for sale’242025: 69 for saleLast 12 months: 55 for saleNow
Prices by type

Since 2019, houses are up 84%, condos 58%

A house typically sold for $2.8M in the year to May 2026 (161 sales), a condo for $757K (22).

$975K$1.7M$2.3M$3M2013201520172019202120232025NowHouses 2013: $1.2M, 321 salesHouses 2014: $1.3M, 271 salesHouses 2015: $1.4M, 284 salesHouses 2016: $1.4M, 268 salesHouses 2017: $1.4M, 281 salesHouses 2018: $1.5M, 274 salesHouses 2019: $1.5M, 286 salesHouses 2020: $1.6M, 265 salesHouses 2021: $2M, 292 salesHouses 2022: $2.1M, 145 salesHouses 2023: $2.3M, 154 salesHouses 2024: $2.5M, 167 salesHouses 2025: $2.7M, 192 salesHouses last 12 months: $2.8M, 161 salesHouses $2.8MCondos 2013: $445K, 57 salesCondos 2014: $464K, 57 salesCondos 2015: $431K, 57 salesCondos 2016: $491K, 31 salesCondos 2017: $519K, 34 salesCondos 2018: $532K, 35 salesCondos 2019: $478K, 38 salesCondos 2020: $491K, 26 salesCondos 2021: $538K, 57 salesCondos 2022: $664K, 26 salesCondos 2023: $770K, 22 salesCondos 2024: $831K, 25 salesCondos 2025: $758K, 27 salesCondos last 12 months: $757K, 22 salesCondos $757K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Texas

University Park ranks 48th of 389 busy Texas markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. University Park is one of the state’s hottest markets.

Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Before you buy in University Park

Five things worth knowing

49

New listings in April

The month with the most choice. December has the fewest, about 10.

Best time to buy
A+

Schools

The schools grade for University Park, from test results, graduation and how much students grow.

Schools in University Park
17 min

Typical commute

The average one-way trip to work for people who live in University Park.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Dallas, Farmers Branch, Addison, Richardson and Irving sell for less a square foot

The busier markets within 25 miles of University Park, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Dallas9,825$460K$24614%52
Irving1,197$386K$20916%47
Richardson996$459K$22517%41
Farmers Branch301$416K$23713%49
University Park177$2.8M$69818%37
Addison126$529K$26811%74
Highland Park101$2.9M$77514%48

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to University Park, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to University Park. People who follow the town see it, and so do people comparing University Park with their own town. No commission, no listing fee.

Questions about buying a home in University Park

What do homes sell for in University Park, TX?

177 homes sold in the year to September 2026 at a typical $2.8M, $698 a square foot. Houses sold for about $2.8M, condos for about $757K in the year to May 2026.

Is University Park a buyer’s or seller’s market?

A balanced market: 65 homes were for sale in September 2026 and 13 sold, about 5 months of supply. Buyers paid 98.1% of asking on average.

When is the best time to buy in University Park?

April brings the most new listings. The sales history shows which months have fewer bidding wars.

Where can I see homes for sale in University Park?

Zillow, Redfin, Realtor.com and Homes.com all carry University Park’s MLS listings; the search links above open each one filtered to University Park.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).