The story of this market
The typical home in ZIP 75051 sells for about $285,000, or $197 per square foot.
Prices are up +7.3% from a year ago, so sellers still have some momentum. Homes take about 33 days to sell. HUD's fair market rent for a two-bedroom is $1,512 a month.
ZIP 75051 — Grand Prairie
The 75051 housing market shows resilience with a median sale price of $285,000, reflecting a 7.3% year-over-year increase. While inventory remains tight, the market is competitive, driven by demand for affordable housing options within the DFW metroplex. Some figures, such as specific tax history, were not available at the ZIP level and are omitted.
This ZIP is well-suited for budget-conscious family buyers and renters seeking proximity to the DFW metroplex, as well as investors looking for entry-level residential opportunities.
Median prices moved up 7.3% year over year.
Homes spend a median of 33 days on market with 1.6 months of supply — a fast-moving market.
28% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.8% · poverty 19.0% — a mixed stability profile.
versus the prior ACS vintage
ZCTA 75051, Grand Prairie TX
The area is served by the Grand Prairie Independent School District, which maintains a diverse range of public school options for residents.
The region faces standard North Texas climate risks, including potential for severe thunderstorms and wind events; property insurance premiums are influenced by these regional hazard profiles.
The area benefits from its proximity to the Dallas-Fort Worth metroplex, with ongoing residential development and a workforce historically oriented toward trade and service sectors.
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).
Residents typically rely on personal vehicles for commuting, with access to major regional highways connecting to the broader Dallas-Fort Worth employment hubs.
The area features local parks and proximity to regional attractions in Grand Prairie, including shopping and dining districts within a short drive.
The rental market is characterized by a high renter share of approximately 53%, with demand driven by the area's affordability relative to the broader DFW metro.
The local economy is supported by a trades-oriented workforce and proximity to major industrial and logistics hubs within the Dallas-Fort Worth metroplex.
The area is primarily served by regional highway corridors, with limited public transit infrastructure compared to the urban core.
Development activity is focused on residential infill and maintaining existing housing stock within the established ZIP boundaries.
Parcels are subject to levies from the Grand Prairie Independent School District and various municipal utility or special service districts.
Property insurance costs are reflective of the broader North Texas market, which is sensitive to severe weather and hail risk.
Data retrieved from Census ZCTA profiles and local market reports.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Six Flags Over Texas4.35 mi
- Great Wolf Lodge | Grapevine4.115 mi
- Traders Village Grand Prairie4.54.3 mi
- Meow Wolf Grapevine's The Real Unreal4.416.5 mi
- Epic Waters Indoor Waterpark4.43.2 mi
- AT&T Stadium4.76 mi
- Six Flags Over Texas4.35 mi
- American Airlines Center4.611.2 mi
- Globe Life Field4.75.5 mi
- Kay Bailey Hutchison Convention Center Dallas4.311.4 mi
- AT&T Stadium4.76 mi
- Six Flags Over Texas4.35 mi
- Dallas Zoo4.510.2 mi
- The Dallas World Aquarium4.411.3 mi
- Perot Museum of Nature and Science4.711.4 mi
- Perot Museum of Nature and Science4.711.4 mi
- Dallas Museum of Art4.711.7 mi
- Meow Wolf Grapevine's The Real Unreal4.416.5 mi
- Fair Park4.513.8 mi
- The Sixth Floor Museum at Dealey Plaza4.611.1 mi
- Dallas Zoo4.510.2 mi
- Klyde Warren Park4.711.7 mi
- Cedar Ridge Preserve4.86.8 mi
- Cedar Hill State Park4.57.8 mi
- John F. Kennedy Memorial Plaza4.511.2 mi
- Lynn Creek Marina4.57.6 mi
- Bear Creek Golf Club4.19.8 mi
- Stevens Park Golf Course4.28.5 mi
- Brook Hollow Golf Club4.610.2 mi
- Las Colinas Country Club4.69.3 mi
- Waterchase Golf Club4.79.8 mi
- Grand Prairie Premium Outlets4.45.2 mi
- The Parks Mall at Arlington4.48.8 mi
- Traders Village Grand Prairie4.54.3 mi
- Irving Mall3.87.5 mi
- Dallas Farmers Market4.512.1 mi
- Dallas Fort Worth International Airport4.111.4 mi
- Dallas Love Field4.411.3 mi
- Arlington Memorial Hospital Heliport4.47.4 mi
- Capital One Lounge at DFW411.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Local green spaces and community parks serving the residential population.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).