Why Live in University Park
University Park is a charming Southern neighborhood known for its elegant homes, walkability, and stellar indie eateries. Home to Southern Methodist University, the area offers residents access to the university’s cultural attractions, including the Meadows Museum and the George W. Bush Presidential Center. The neighborhood features a variety of housing styles, from Tudor and Colonial to modern and transitional, with homes often exceeding 4,000 square feet. For those seeking smaller spaces, condos, townhouses, duplexes, and vintage cottages are also available. University Park students attend the highly rated Highland Park Independent School District, which includes Highland Park High School, known for its academic and athletic excellence. The neighborhood boasts more than a half-dozen parks, such as Curtis Park with its lighted tennis courts and fishing pond, and Caruth Park, which offers playgrounds and sports facilities. Snider Plaza, adjacent to SMU, provides boutique shopping and local dining options like Bubba’s and Burger House. Entertainment options include concerts and events at McFarlin Auditorium. University Park is safer than the national average and is conveniently located near major highways, with downtown Dallas just 7 miles away and Medical City Dallas Hospital 5 miles north. Dallas Love Field Airport is a short 4-mile drive, making travel easy for residents.
Home Trends in University Park, TX
On average, homes in University Park, TX sell after 49 days on the market compared to the national average of 70 days. The median sale price for homes in University Park, TX over the last 12 months is $490,000, up 40% from the median home sale price over the previous 12 months.
Median Sale Price
$490,000
Median Single Family Sale Price
$450,000
Median Townhouse Sale Price
$715,000
Median 2 Bedroom Sale Price
$600,000
Median 1 Bedroom Sale Price
$460,000
Average Price Per Sq Ft
$276
Number of Homes for Sale
22
Last 12 months Home Sales
228
Median List Price
$450,000
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
40%