The story of this market
The typical home in ZIP 75061 sells for about $284,000, or $206 per square foot.
Prices are down 27.2% from a year ago, which gives buyers more room to negotiate. Homes take about 35 days to sell. HUD's fair market rent for a two-bedroom is $1,500 a month.
ZIP 75061 — Irving
The 75061 housing market is experiencing significant downward price pressure with a year-over-year median price decline of 27.2%. While the broader Irving market remains somewhat competitive, this specific ZIP code shows signs of cooling. Many specific metrics such as months of supply and effective tax rates are not currently published at the ZIP level.
This ZIP is suitable for budget-conscious buyers and renters seeking affordable housing options within the Dallas-Fort Worth metro area.
Median prices moved down 27.2% year over year.
Homes spend a median of 35 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress profile.
ZCTA 75061, Dallas County TX
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Texas) — Senior (65+) and Disabled Homestead Exemption and School Tax Ceiling: Grants an additional mandatory $10,000 exemption from ISD appraised value (Taxable Value_ISD = Appraised Value - $100,000 - $10,000) and establishes an absolute statutory tax freeze (school tax ceiling): total ISD property taxes cannot exceed the dollar ceiling established in the… State (Texas) — General Residence Homestead Exemption and 10% Valuation Growth Cap: Imposes mandatory state-level valuation deductions and growth limitations on the qualifying homestead: (1) Mandates a $100,000 deduction from appraised value for independent school district (ISD) maintenance and operations/debt taxation: Taxable Value_ISD = Appraised Value - $100… State (Texas) — Ad Valorem Real Property Taxation and Assessment Ratio: Mandates ad valorem appraisal of all real property at 100% of fair market value as of January 1 each tax year (Assessment Ratio = 1.00).
The area features affordable housing options such as the Park Springs of Irving community, with fair market rents for a one-bedroom unit estimated at $1,500.
The local economy is supported by a mix of residential and commercial activity within the city of Irving, with proximity to major Dallas-Fort Worth employment hubs.
Data sourced from ACS and Census estimates.
- Six Flags Over Texas4.38.1 mi
- Great Wolf Lodge | Grapevine4.110.1 mi
- Traders Village Grand Prairie4.510.4 mi
- Meow Wolf Grapevine's The Real Unreal4.411 mi
- Epic Waters Indoor Waterpark4.49.4 mi
- AT&T Stadium4.79.4 mi
- Six Flags Over Texas4.38.1 mi
- American Airlines Center4.68.9 mi
- Globe Life Field4.79 mi
- Kay Bailey Hutchison Convention Center Dallas4.39.8 mi
- AT&T Stadium4.79.4 mi
- Six Flags Over Texas4.38.1 mi
- The Dallas World Aquarium4.49.3 mi
- Dallas Zoo4.510.1 mi
- Great Wolf Lodge | Grapevine4.110.1 mi
- Perot Museum of Nature and Science4.79.2 mi
- Dallas Museum of Art4.79.5 mi
- Meow Wolf Grapevine's The Real Unreal4.411 mi
- Fair Park4.512 mi
- The Sixth Floor Museum at Dealey Plaza4.69.2 mi
- Dallas Zoo4.510.1 mi
- Klyde Warren Park4.79.4 mi
- Fair Park4.512 mi
- Cedar Ridge Preserve4.812.8 mi
- John F. Kennedy Memorial Plaza4.59.4 mi
- Euless Yacht Club4.46.8 mi
- Topgolf Dallas4.412.7 mi
- Bear Creek Golf Club4.16.4 mi
- Brookhaven Country Club4.49.5 mi
- Dallas Country Club4.69.1 mi
- Indian Creek Golf Club4.112.2 mi
- Galleria Dallas4.510.9 mi
- NorthPark Center4.611.2 mi
- Grapevine Mills4.511 mi
- Grand Prairie Premium Outlets4.411.4 mi
- Traders Village Grand Prairie4.510.4 mi
- Dallas Fort Worth International Airport4.16.7 mi
- Dallas Love Field4.46.5 mi
- Arlington Memorial Hospital Heliport4.410.5 mi
- Capital One Lounge at DFW47.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: median price corroborated by the published ten-year series (2024) (within 12.5%).