Hoping to buy a home in the DFW metroplex? If you’re already living in Dallas, you know that Big D is full of things to do and unique neighborhoods packed with historic homes and new construction. While the hot buyers market is beginning to cool, there are still many areas where you can find affordable homes or luxury estates. Here are the five best Dallas neighborhoods to buy a home!
- M Streets/Vickery Place
- Oak Cliff
- Preston Hollow
- Home Price: $317,900 median home value
- Crime Rate: Safer than 83% of cities in Texas
- Perfect For: Families, established professionals
If you dream of buying a two-story brick home on a sprawling lot in one of the best Dallas suburbs, check out Coppell. Close proximity to DFW International Airport makes owning property here ideal if you’re a frequent business traveler. It’s also a prime area for those who split their time in the DFW metro, as residents are only 30 minutes from both Fort Worth and Downtown Dallas. Low crime rates, quiet streets, and access to great schools like Lakeside Elementary, Coppell Middle East, and Coppell High School make Coppell one of the best places to raise a family in Dallas.
Things to Do in Coppell
Look for 130 different species of birds, hike five miles of trails, or take a fly fishing class at Coppell Nature Park. Visit Riverchase Golf Club to play 18 holes with friends, spend some time on the putting green, and grab a bite at the 700 Bar & Grill afterward. Head to Grapevine Mills to shop brands like Converse, Levi’s, Neiman Marcus, and more! While you’re there, take the family to see a 4D film, spend some time at the water playground, or build a model home at LEGOLAND Discovery Center. Bite into pit-smoked brisket, sip a sweet tea, and finish with pecan pie at Hard Eight BBQ. Or indulge in a Birthday Cake cupcake, pick up a loaf of banana bread, or take home a Snickers cheesecake at Frost Cupcakery.
- Home Price: $183,362 median home value
- Crime Rate: Safer than 25% of cities in Texas
- Perfect For: Singles, young professionals, families
Hoping to trade city life for lush green paradise? Lakewood, located in Northeast Dallas, is known for having space to roam while still being close to great shopping and lots to do. If architectural diversity is on the top of your list for home features, then Lakewood is one of the best neighborhoods in Dallas for you to buy a house! The area has everything from Mediterranean and Spanish-inspired properties to Tudors, cottages, and prairie-style homes, as well as new construction. Active families who want the charm of a small town while still having a quick commute to the high-end malls in North Dallas and restaurants and entertainment downtown will love living in Lakewood.
Things to Do in Lakewood
Go fishing, bike along nine miles of trails, or participate in a 10K while enjoying views of the city at White Rock Lake. Visit the Dallas Arboretum and Botanical Garden to check out floral blooms in every season, enjoy a picnic, or attend a wine tasting. Find one-of-a-kind antiques, collectible books, garden decor, and quirky trinkets at Curiosities. Grab a bite at Cane Rosso, where you can choose a red or white sauce base for your wood-fired pizza, snack on crisp brussel sprouts topped with peppers and almonds, or try a tater tot and goat cheese frittata for brunch. Drink one of the 37 craft beers on tap or enjoy an array with a flight at Lakewood Growler—there’s kombucha and root beer to try, too! Or listen to live jazz almost any night of the week and try a Black Manhattan at The Balcony Club.
M Streets/Vickery Place
- Home Price: $246,297 median home value
- Crime Rate: Safer than 23% of cities in Texas
- Perfect For: Singles, young professionals
Located just north of Uptown and Downtown Dallas, M Streets/Vickery Place is the perfect spot to buy a home if you want to stay near the hustle and bustle. There’s already plenty to do within the neighborhood, but its proximity to Deep Ellum—one the best neighborhoods for singles and young professionals—promises even more nightlife and dining. This historic section within Lower Greenville is known for Craftsman and prairie-style homes, as well as Tudor cottages. The established charm of the neighborhood paired with its prime location means homes for sale here get swept up fast. Not only is it near the heart of the city, but M Streets/Vickery Place’s proximity to Baylor University Medical Center makes it one of the best areas in Dallas for anyone wanting to live near or work at the hospital as well.
Things to Do in Vickery Place
Follow the neon lights into the historic Granada Theater to see a national touring act or watch a different movie on the rooftop each week. Head over to West Village to catch a class at Soul Cycle, spend a day at the spa, or go shopping at stores like Kendra Scott, Lucky Brand, and J.Crew. Stop by Mud Smith for an Americano, fresh-squeezed OJ, or a French baguette topped with avocado, tomato, and poached eggs. Eat Salvadorian-style tamales, drink a Spicy Pineapple Margarita, and go salsa dancing at Gloria’s Latin Cuisine. Or bring your pup with you to drink frozen rosé in the beer garden, listen to live music in a tree house, or try bites from one of the constantly rotating food trunk vendors at Truck Yard.
- Home Price: $177,324 median home value
- Crime Rate: Safer than 12% of cities in Texas
- Perfect For: Singles, young professionals, families
First-time homebuyers who want an affordable house with a yard without being removed from the heart of the city are in luck in Oak Cliff! This South Dallas neighborhood has many smaller neighborhoods, including trendy Bishop Arts District, a revitalized area that’s now two full blocks of bars, restaurants, art galleries, and shopping. Residents are only minutes from more to do in Downtown and Uptown Dallas. Oak Cliff locals also enjoy an easy commute into Fort Worth with quick access to I-30. Work in the medical field? The Kessler neighborhood in North Oak Cliff houses Methodist Dallas Medical Center, making it perfect for those wanting to buy a home close to where they work. Another big draw of putting down roots in Oak Cliff is the strong sense of community. Events like farmers markets, the annual Oak Cliff Film Festival, and lots of local concerts all bring friendly neighbors together.
Things to Do in Oak Cliff
Hang out in the Goat Yard, visit the Flamingo Pond, or catch an adult trivia night at the Dallas Zoo. Head to Bishop Arts Theatre Center to watch a play by a local playwright, listen to live jazz, or attend the speaker series featuring lectures by local and visiting creatives. Go to the annual film festival or see independent cinema at historic The Texas Theatre. Visit neighborhood to find handmade kitchenware, pick out an artisanal ottoman, or check out the gallery wall to see which artist is being featured this month. Sip a Guava Ginger cider or try a flight of whatever is on tap at the Bishop Cider Co tasting room. Stop by Lockhart Smokehouse BBQ for Brisket Deviled Eggs, dry-rubbed smoked ribs, jalapeno-stuffed sausage, and a cold beer. Or indulge in a slice of Cloud Nine, a creme pie that blends salted caramel, butterscotch custard, and brown sugar meringue at Emporium Pies or take a whole one to go.
- Home Price: $271,338 median home value
- Crime Rate: Safer than 15% of cities in Texas
- Perfect For: Families, retirees
Known for being a safe, affordable neighborhood that’s ideal for raising a family, Preston Hollow is a great place to buy a home! Ranch and cottage-style homes, Mid-Century Modern houses, and even spacious estates can all be purchased in this area. Despite the range of styles, median home prices here are significantly lower than other North Dallas neighborhoods like University Park or Highland Park. Access to elite private schools, such as St. Mark’s School of Texas and Ursuline Academy of Dallas, is another reason why the area is so popular among families. Preston Hollow is one of the best places to live in North Dallas if you want to purchase a home on a large, lush lot in a community-focused neighborhood that’s only 15 minutes from Downtown Dallas.
Things to Do in Preston Hollow
Enjoy over five miles of tree-lined trails at Harry S Moss Park, a top spot for mountain bikers looking for twisty routes nearby White Rock Creek. Take lessons with the resident golf pro, play tennis indoors and out, or spend a day at the pool with the entire family at Royal Oaks Country Club. Take a Spanish class, attend a Tech Talk, or bring the kids to story time at Preston Royal Branch Library. Go shopping at Nordstrom, Madewell, Michael Kors, and other high-end retailers at NorthPark Center. Head to Preston Royal to grab groceries at Thom Thumb, attend a cooking class at Sur La Table, or have a spa day at Face Haus. Or explore luxury boutiques at The Plaza, where you can eat Wild Mushroom Meatloaf at R+D Kitchen, try an açaí bowl at Nékter Juice Bar, or dig into dessert at Sprinkles Cupcakes.
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Neighborhood statistics from AreaVibes