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Featured local agent — University Park, TX
Sarah Mitchell
Compass Real Estate · University Park, TX
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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University Park, TX Housing Market & Real Estate
Housing market overview · Updated monthly ·
$3.22Mmedian sale price
How is the University Park, TX housing market right now?
The median home sale price in University Park, TX is $3.22M, up 38.5% year-over-year. Homes sell in an average of 20 days with 63 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is University Park a buyer's or seller's market?
University Park, TX is currently a balanced market, based on 4.2 months of supply and homes selling in about 20 days. How we determine this →
Homes sold
15
Last 12 weeks
Days on market
20
Fast-moving
Active listings
63
4.2 months supply
Sale-to-list
99.3%
Below asking
What does the University Park housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $3.22M |
| Median list price | $2.72M |
| Year-over-year price change | +38.5% |
| Average days on market | 20 days |
| Active inventory | 63 listings |
| Months of supply | 4.2 months |
| Sale-to-list price ratio | 99.3% |
| Median price per sq ft | $756/sq ft |
| Homes sold (latest month) | 15 |
| New listings (latest month) | 20 |
| Listings with a price cut | 27.0% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in University Park by property type?
How the University Park, TX market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $3.73M | $765/sq ft | 13 | 24 days |
| Condo / Co-op | $1.18M | $448/sq ft | 2 | 15 days |
| Townhouse | $1.43M | $441/sq ft | 1 | 32 days |
Source: Redfin · Updated monthly
The University Park housing market is currently classified as a balanced market with a median sale price of $3.22M. Prices have risen 38.5% compared to last year, with homes spending an average of 20 days on market, indicating 4.2 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 10.0x provides context for how home values compare to local earning capacity.
Homes for sale in University Park
There are currently 63 homes listed for sale in University Park, Texas. The median listing price is $2.7M.
Active listings
63
Homes on market
Median list price
$2.7M
Avg. days on market
20
Days until sale
New this week
20
Newly listed
Who lives in University Park?
Population
25,104
Median income
$250,001/yr
Median age
33 years
Owner-occupied
85.0%
College grads
90.4%
Avg commute
18.6 min
Source: U.S. Census Bureau ACS
What are homes worth in University Park?
Zillow home value
$2.49M
Zillow rent index
$5,424/mo
Price-to-rent ratio
38.2x
Price-to-income
10.0x
Source: Zillow Research
What is it like to live in University Park?
University Park is a community of approximately 25K residents with a median age of 33 years.The median household income is $250,001, which reflects a relatively affluent area with strong earning potential. 90.4% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 85.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 18.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, University Park offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near University Park, TX?
Want a head-to-head view? Compare University Park side-by-side with any other U.S. city using our market-comparison tool.
Is University Park a good real estate investment market?
For investors evaluating University Park, the price-to-rent ratio of 38.2x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 38.5% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on University Park's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using University Park's median home price.
Frequently asked questions
What is the average home price in University Park?
The median home sale price in University Park is $3.22M, up 38.5% from last year.
How long do homes stay on market in University Park?
Homes typically spend 20 days on market before going under contract.
What is the median income in University Park?
The median household income is $250,001 per year.
Is University Park a buyer's or seller's market?
With 4.2 months of supply, University Park is currently a balanced market.
What is the Zillow home value estimate for University Park?
The Zillow Home Value Index (ZHVI) for University Park is $2.49M, representing the typical home value in the area.
What is the median condo price in University Park?
The median condo/co-op sale price in University Park, TX is $1.18M, compared to $3.73M for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in University Park?
The median single-family home price in University Park, TX is $3.73M (about $765 per square foot).
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