The 75116 housing market is somewhat competitive. The median sale price of a home in 75116 was $283K last month, up 1.8% since last year. The median sale price per square foot in 75116 is $172, up 13.2% since last year.
In April 2024, 75116 home prices were up 1.8% compared to last year, selling for a median price of $283K. On average, homes in 75116 sell after 38 days on the market compared to 33 days last year. There were 24 homes sold in April this year, down from 32 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$282,500
+1.8% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
75116, TX
$282,500
+1.8%
United States
To compare other locations to the 75116 and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Texas add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the 75116 housing market?
75116 is somewhat competitive. Homes sell in 34 days.
0
100
61
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 34 days.
Hot homes
can sell for about 2% above list price and go pending in around 21 days.
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
75116, TX
97.2%
-1.3 pt
United States
Home offer insights for 75116
Explore recent offers and recently sold homes in 75116
Recent offers
Schools in 75116
Learn about schools in the 75116 area
Elementary
Middle
High
GreatSchools Rating
6/10
Merrifield Elementary School
Public • PreK-4
330
Students
4 reviews
5/10
Glenn C Hardin Intermediate School
Public • 5-6
531
Students
2 reviews
4/10
Central Elementary School
Public • PreK-4
388
Students
2 reviews
4/10
Fairmeadows Elementary School
Public • PreK-4
365
Students
5 reviews
3/10
James R Bilhartz Junior Elementary School
Public • PreK-4
513
Students
2 reviews
Only showing 5 of
7 elementary schools.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on 75116 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 75116.
Risk Factor
Flood Factor - Moderate
9% of properties are at risk of severe flooding over the next 30 years
Flood Factor
75116 has a moderate risk of flooding. 418 properties in 75116 are likely to be
severely affected
by flooding over the next 30 years. This represents 9% of all properties in 75116. Flood risk is increasing slower than the national average.
58% of properties are at risk of wildfire over the next 30 years
Fire Factor
75116 has a moderate risk of wildfire. There are 3,451 properties in 75116 that have some risk of being affected by wildfire over the next 30 years. This represents 58% of all properties in 75116.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
75116 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 75116 is most at risk from hurricanes. 5,853 properties in 75116 have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 82 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 91 mph.