Trends and Statistics of Dallas 2018-2019

In this section you will learn about the key factors that make Dallas one of the most powerful real estate markets today, including: Reasonableness, Growth at Work and Population Growth. Explore Dallas' housing, population, and employment trends in the following tabs for more information.

Sources of information:

• https://www.zillow.com/dallas-fort-worth-arlington-metro-tx_r394514/home-values/
• https://factfinder.census.gov/
• https://www.deptofnumbers.com/employment/texas/dallas/
• Real Affiliate Data of a Real Wealth Network

Dallas home values ​​are cheaper than the national average today.

• In January 2018 the median price of single-family homes with 3 bedrooms in the Dallas metro area was $ 191,000. This is 6% lower than the $ 202,000 national average.
• In neighborhoods where RWN members invest, the median price of 3-bedroom homes was $ 174,000 in January 2018. This is 14% lower than the $ 202,000 national average.
• It shows us that home values ​​in Dallas are slightly cheaper than the average home nationwide.

Monthly passive income can be generated from investment assets in Dallas.

• In January 2018, the median monthly rent for 3-bedroom homes in Dallas was $ 1,525, which is 0.80% of the $ 191,000 purchase price. This is higher than the national average of 0.71%.
• In neighborhoods where RWN members invest, the median monthly rent for 3-bedroom homes was $ 1,475, which is 0.85% of the purchase price of $ 174,000.
• This shows us that Dallas offers a strong opportunity for investors to bring in significant rental income each month.

Dallas home values ​​have risen over the past six years.

• Over the past 6 years (January 2012 to January 2018), 3-bedroom homes in Dallas have been rated 45%. At that time the home values ​​of 3 bedrooms were estimated at 41% nationwide.
• This shows us that home values ​​are rising faster than in other cities across the country. As long as employment growth and affordable living costs continue to attract people to move here (which seems reasonable - see next section, “Population Trends”), this trend is likely to continue.

Dallas rental prices are also rising faster than today in the US real estate markets.

• In the past six years, the median rent for 3-bedroom homes in the Dallas metro area has risen 26 percent. Nationally, rents only increased by 17% during this period.
• This shows us that rental prices are also rising faster than most cities in the US today. This trend may continue as long as individuals and corporations continue to move to the Dallas metro.

People are moving to Dallas at a much faster rate than in most cities across the state today.

• Between 2010 and 2017, the Dallas population grew by more than 15%, the fastest 186% of the national population growth in that period.
• It shows us that people are moving to Dallas at a higher rate than most other cities across the state today.

Dallas has created more jobs in the past year than in most U.S. subways.

• In the past year, Dallas has added 116,000 new jobs to their economy - an annual growth rate of 3.23%. This is significantly higher than the national growth rate of jobs of 1.7% in that period.
• This shows us that there are more jobs being created in the Dallas area than in most cities in the US today.

Dallas is still lucrative and cash flowing

• In neighborhoods where RWN members invest, the median price of 3-bedroom homes was $ 174,000 in January 2018. This is 14% lower than the $ 202,000 national average.
• It shows us that home values ​​in Dallas are slightly cheaper than the average home nationwide.

The Dallas population is growing rapidly

• Between 2010 and 2017, the Dallas population grew by more than 15%, the fastest 186% of the national population growth in that period.
• It shows us that people are moving to Dallas at a higher rate than most other cities across the state today.

Dallas has significant job growth

• In the past year, Dallas has added 116,000 new jobs to their economy - an annual growth rate of 3.23%. This is significantly higher than the national growth rate of jobs of 1.7% in that period.
• This shows us that there are more jobs being created in the Dallas area than in most cities in the US today.

Dallas rents are rising fast

• Over the past 6 years (January 2012 to January 2018), 3-bedroom homes in Dallas have been rated at 45% (compared to 41% nationwide) and the median rent for 3-bedroom homes has increased by 26% (compared to 17% nationwide) .
• This shows us that home values ​​and monthly rents are rising faster than most other cities across the country. These trends are likely to continue as long as new and lucrative jobs continue to attract people who pass it - both seem reasonable.