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