Home prices
The value of the median home in University Park is $1,295,500. Compared to nearby areas this is about $819,740 (172%) higher.In comparison to the rest of the nation it is approximately $1,078,000 (495%) higher, and is roughly $1,107,400 (588%) higher compared to the city of Dallas.
Rents
The median monthly rent in University Park is $2,069. It is about $612 (41%) higher compared to other places in this area.Compared to the nation as a whole it is about $1,007 (94%) higher, and is approximately $1,017 (96%) higher compared to the city of Dallas.
Nearby places
Highland Park
Highland Park is University Park's neighbor to the south. Its real estate prices are a bit more expensive. Highland Park's median home price is $1,508,900, which works out to $213,400 (14%) higher than University Park. The rent there is a little more expensive. In Highland Park the median monthly rent is $2,275, which comes out to $206 (9%) higher than University Park.
Farmers Branch
Farmers Branch is roughly 7 miles northwest of University Park. The real estate prices there are a lot less expensive. The price of the median home in Farmers Branch is $196,300, which works out to $1,099,200 (559%) lower than University Park. Rents there are significantly less expensive. The median monthly rent in Farmers Branch is $1,378, which works out to $691 (50%) lower than University Park.
Addison
Addison is roughly 8 miles north of University Park. Real estate prices there are significantly less expensive. The median home price in Addison is $335,300, which comes out to $960,200 (286%) lower than University Park. Its rents are substantially less expensive. The median monthly rent in Addison is $1,354, which works out to $715 (52%) lower than University Park.
Irving
Irving is roughly 9 miles west of University Park. Housing prices there are substantially less expensive. The median home price in Irving is $177,500, which comes out to $1,118,000 (629%) lower than University Park. The rent there is substantially less expensive. The median monthly rent in Irving is $1,146, which works out to $923 (80%) lower than University Park.
Garland
Garland is roughly 9 miles northeast of University Park. Its real estate prices are significantly less expensive. The median home value in Garland is $160,800, which comes out to $1,134,700 (705%) lower than University Park. Rent there is significantly less expensive. In Garland the median rent is $1,133 a month, which is $936 (82%) lower than University Park.
