| With a little over a million residents, Dallas ranks as the | | | | data for 2005, the average home price in the city of |
| second-most populated city in the state of Texas, | | | | Dallas is $179,920, which is only marginally higher than |
| which is the second-largest state, by area, in the United | | | | the national average of $173,585. However, the Dallas |
| States. Dallas has a lot of interesting real estate | | | | county area, which includes the suburbs, has a much |
| options to offer, ranging from ranches to gated | | | | lower average, at $125,922. The median rental price in |
| communities. Though ranches that go with the usual | | | | Dallas is $328, which is considerably lower than the |
| Texas image are still available in the Dallas county | | | | national median of $471. There is almost an equal |
| area, the city has a lot of impressive houses, | | | | share of owner-occupied and rental units in Dallas, with |
| apartments, and commercial property for any | | | | the former accounting for 42%, the latter 52%, and |
| prospective resident.Six districts make up the city of | | | | approximately 6% remaining vacant. This looks quite |
| Dallas, which comes under the Dallas-Plano-Irving | | | | different from the national picture, where owner |
| metropolitan division of the Dallas-Forth Worth-Arlington | | | | occupied, at 60%, is twice that of rental units.Dallas |
| greater metropolitan area. The prominent suburbs of | | | | area real estate comes with easy access to the |
| Dallas are Allen, Flower Mound, Colleyville, Frisco, Keller, | | | | Dallas-Fort Worth International Airport, which is the |
| McKinney, Plano, Southlake, and Irving, to name a few. | | | | world's second-busiest airport. There are many |
| These areas offer gated communities, golf course | | | | schools and universities, like the University of Texas at |
| communities, lakefront homes, homes with acreage, | | | | Dallas, University of Dallas, and Southern Methodist |
| horse properties, retirement communities, and | | | | University. These important aspects of this area have |
| commercial property. Within Dallas, the popular areas | | | | helped create a very vibrant real estate market in |
| are Oak Hill, North Dallas, Casa Linda, Knox/Henderson, | | | | Dallas. |
| and downtown Dallas.As per the U.S. Census Bureau | | | | |