University Park
ABOUT UNIVERSITY PARK
Welcome to the prestigious enclave of University Park, a distinguished Dallas neighborhood that beckons as the ideal choice for your next home. Prospective home buyers will be captivated by the timeless elegance and academic charm that define the residences in University Park. Nestled adjacent to the renowned Southern Methodist University (SMU), this neighborhood boasts a blend of stately homes, upscale townhouses, and a vibrant community atmosphere.
Choosing University Park as your next home means immersing yourself in an environment where academic excellence meets refined living. The tree-lined streets, manicured lawns, and proximity to SMU create an ambiance of scholarly sophistication. Homes in University Park are characterized by their architectural grandeur and meticulous attention to detail, reflecting the neighborhood's commitment to an elevated standard of living.
Beyond the graceful residences, University Park offers a community-centric lifestyle. Residents often enjoy the neighborhood's parks, cultural events, and upscale shopping destinations, fostering a sense of camaraderie. The proximity to exemplary schools, along with the prestigious SMU campus, adds to the appeal, making University Park an ideal choice for families seeking an educational and sophisticated environment.
As a prospective home buyer, envision yourself living in a neighborhood that epitomizes academic distinction and residential luxury. University Park is more than a place to reside; it's an embodiment of refined living, where every home contributes to a legacy of elegance and scholarly achievement. Make University Park your next home and step into a lifestyle of enduring sophistication and community vibrancy.
UNIVERSITY PARK Market Trends
Overview
University Park market trends indicate a decrease of $51 (9%) in the average price per square foot over the past 6 months. The average sales price fell to $1,800,000 from $2,505,000 six months ago. The average time on market for properties in University Park is 17 days. Buyers can expect to pay 96% of the seller’s asking price.
Median Days on the Market
The average time on the market is 17 days for a home in University Park.
Expect to Pay
Buyers should expect to pay 96% of the asking price.
Median Sales Price for Homes in University Park
The median sales price for homes in University Park is $1,944,800 for a 6 month average.
Number Of Homes Sold in the last 6 months
In the last 6 months, 94 homes in this neighborhood have sold.
Median Construction Year
The median construction year for this neighborhood is before 1969
Median Rent Per Month in this Neighborhood
The median rent in University Park is $1,327 per month.
Median Price Per Square Foot
Over the last 6 months, the median price per square foot in the University Park neighborhood is $573 per sq. foot
Renter vs Owner Occupied
In University Park, 80% of the neighborhood is occupied by homeowners while 20% is occupied by renters.
Area guide
Find a Home in the area, of your dreams
Schools Near THE University Park NEIGHBORHOOD
Elementary Schools
University Park Elementary
Grades: PK - 04
Enrollment: 436
Hyer Elementary
Grades: PK - 04
Enrollment: 486
Bradfield Elementary
Grades: PK - 04
Enrollment: 559
Middle SchoolS
Highland Park Middle
Grades: 07 - 08
Enrollment: 1,037
Grades: 06 - 08
Enrollment: 430
Grades: 06 - 08
Enrollment: 423
Grades: 06 - 08
Enrollment: 878
high Schools
Highland Park High School
Grades: 09 - 12
Enrollment: 2,252
Grades: 09 - 12
Enrollment: 1,809
Grades 09 - 12
Enrollment: 1,610
Grades: 09 - 12
Enrollment: 201
University Park NEIGHBORHOOD DEMOGRAPHICS
41
Median Age
$206,035
Median Household Income
95%
College Educated
46%
Households with Children
