Midway Hollow, Dallas Real Estate & Homes For Sale
Midway Hollow in Dallas TX | Local Real Estate Guide
Welcome to Midway Hollow, a thriving neighborhood located in northwest Dallas, Texas. Boasting 2,793 single-family homes spread across various subdivisions, including Glenridge Estates and North Davila Estates, Midway Hollow offers a diverse range of housing styles from traditional to contemporary. Established in 1938, this community predates major Dallas highways, embodying a blend of history and modernity. Residents enjoy spacious lots averaging a quarter acre and access to esteemed educational institutions within the Dallas Independent School District. With convenient amenities, including nearby shopping destinations and recreational facilities like Walnut Hill Park and Bachman Lake, Midway Hollow exemplifies the quintessential Texan neighborhood experience.
Midway Hollow At A Glance
Average Home Size: 2,139 sq ft
Number of Homes: 2,793
Subdivision Established: 1938
Average Year Built: 1979
Approximate Pop (2023): 6,150
School District: Dallas ISD
Average Residency Length: 16 yrs
Architectural Style: Ranch | Traditional | Custom Built Modern | Custom Built Contemporary
The data related to Real Estate for sale on this website comes in
part from the INTERNET DATA EXCHANGE (IDX) program of the North Texas Real Estate Information Systems Inc. Real Estate listings held by Brokerage firms other than this site
owner are marked with the IDX logo. Consumers accessing this site may not reproduce or redistribute the NTREIS data and it is only for use search for homes on this site.
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s),
Buying Buddy, nor the owners of this site shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Listing information last updated on 22nd February, 2024 11:00 MST.
Listing Data last updated: 22nd February, 2024 11:00 MST
Learn about Midway Hollow real estate market trends and find homes for sale. Search for new homes, open houses, recently sold homes and reduced price real estate in Midway Hollow.
Midway Hollow Real Estate Statistics & Trends
Unlock the latest Midway Hollow real estate market insights and trends: Median Sales Price, Pending Home Sales, Sold Homes and More.
The median sales price is the middle price of all the real estate sales prices in Midway Hollow. The median sales price is the price at which half of the properties sold for more and half sold for less. See how the median sales price in Midway
Hollow is trending the last 3 years and how it trends with the average 30 year fixed mortgage interest rate by month.
The average sales price is also known as the mean sales price in Midway Hollow. The average sales price is calculated by
adding up the sales prices or all properties sold in Midway Hollow and then dividing that sum by the total number of
properties sold. The difference between the average sales price and the median sales price is the average sales price can
be influenced by outliers where the median sales price is not. See how the average sales price in Midway Hollow has
trended the last 3 years and how it trends with the average 30 year fixed mortgage interest rate.
Dive into the home sales trend for Midway Hollow for the last 3 years. See each year by month or click the year on the x
axis to compare years or isolate one year at a time.
Inventory represents the active supply of homes available for sale by month for the last 3 years in Midway Hollow.
Inventory provides an indication of the balance between housing supply and demand. It offers insights into whether the
market favors buyers or sellers. Lastly, inventory is used as a guide by buyers and sellers in their decision making
Pending simply means that the seller has received and accepted an offer on their Midway Hollow home. However, the deal has yet to be finalized and is the last step before the home is sold. Pending status also means that all contingencies have
been met by both buyer and seller.
Days on market is a measure of how long it takes for a house to sell after it has been put on the market for sale in
Midway Hollow. It is calculated as the number of days between the listing date and the pending date. Days on market is a
great indicator of whether you're in a buyer's market or a seller's
market. Typically less than 90 days is a seller's market. More than 90 days is typically a buyer's market.
The absorption rate (months inventory as it also known as) is the main metric that determines a buyer's market or seller's market. The definition of the absorption rate is if no other homes come on the market (additional inventory) it is the rate at which it will take all of the current market inventory to sell.
The rule of thumb:
<4 months inventory is a seller's market. Between 4 months and 6 months is a balanced market. 6 months or longer indicates a buyer's market.
Sales price to list price ratio is the final sales price (what the buyer paid for the home) divided by the original list
price expressed as a percentage. If it's above 100%, the home sold for more than the list price. If it's less than 100%,
the home sold for less than the list price. This is another great gauge for buyer's and seller's to see the health of the
Midway Hollow real estate market.
Showings to Contract is a great home buyer demand metric for the Midway Hollow home seller. This is a fairly new metric
that shows how many showings Midway Hollow home sellers receive before getting an offer.
Is Midway Hollow in a buyer's market or in a seller's market?
Living In Midway Hollow
Welcome to Midway Hollow: A Neighborhood Overview
Welcome to the Midway Hollow subdivision located in northwest Dallas. This vibrant community offers a blend of modern amenities and classic charm, making it a sought-after area for homeowners.
Diverse Subdivisions & Architectural Styles
The Midway Hollow neighborhood encompasses 2,793 single-family homes spread across several subdivisions, including Glenridge Estates, North Davila Estates, Marsh Lane, Northway Estates, Valley Ridge Addition, and Jordan. Each subdivision contributes to the neighborhood's rich span of architectural styles, ranging from traditional and ranch to custom-built contemporary and modern homes.
Evolution of the Neighborhood
Established in 1938, Midway Hollow predates major Dallas highways like the Dallas North Tollway and LBJ Freeway. Over the years, the neighborhood has undergone significant transformation, with many original homes being replaced by larger, more modern residences. Drive through the area, and you'll witness new custom homes springing up amidst the established streets.
Community Dynamics & Demographics
Midway Hollow boasts a tight-knit community of approximately 6,150 residents, with a majority being owner-occupants. The neighborhood's average lot size is a quarter acre, providing ample space for families to enjoy outdoor living. Homes range in size, with an average of 2,140 square feet, catering to various household needs.
Education & Recreation
Families in Midway Hollow benefit from being part of the Dallas Independent School District, with access to esteemed educational institutions such as Walnut Hill Academy, Stephen Foster Elementary, E.D. Walker Middle School, Francisco Medrano Middle School, Thomas Jefferson High School, and W.T. White High School. Recreation opportunities abound, with Walnut Hill Park, Walnut Hill recreation center, and Bachman Lake offering ample space for outdoor activities.
Shopping & Transportation
Residents enjoy easy access to shopping destinations like The Village of Preston Hollow, Preston Center, North Park Mall, and the Dallas Galleria. Additionally, Love Field Airport is conveniently located nearby, and major thoroughfares such as Walnut Hill Lane, Midway Road, Marsh Lane, Northwest Highway, and the Dallas North Tollway ensure seamless connectivity.
Midway Hollow stands as a testament to Dallas's evolving landscape, blending modern conveniences with a sense of community and history.
Public Schools in Midway Hollow
The school district for Midway Hollow is Dallas ISD.
The median sales price for Midway Hollow for the most current month is $1,180,000.
Is the real estate market in Midway Hollow a buyer's market or seller's market?
Although the bidding wars of the past couple of years have subsided Midway Hollow is currently in a seller's market.
How much did the most expensive Midway Hollow home sell for?
The most expensive Midway Hollow home in Dallas TX sold 7/26/2023 for $2,772,550. This home has 5 bedrooms, 5 bathrooms and has 5,273 SF.
How many homes sold in Midway Hollow, Dallas this month?
There were 7 homes that sold in Midway Hollow this month. We keep track of the real estate statistics and trends and analyze the market every month. To stay updated on this click here.
How fast do homes sell in Midway Hollow, Dallas?
Homes in Midway Hollow have slowed down. Currently homes sell in 81 days.
What architectural style is most prevalent in Midway Hollow?
The most prevalent architectural style of home in Midway Hollow are Ranch, Traditional, custom built Contemporary, and Modern homes.
Explore Midway Hollow diverse housing options with Winston Alan Realty! With the majority of its housing stock comprised of single-family homes, Midway Hollow offers a tranquil residential atmosphere. Condos and townhomes do not exist, emphasizing the neighborhood's focus on spacious, family-friendly living.
Although Midway Hollow may not be considered a walkable neighborhood within Dallas County, its population of 6,150 residents contributes to its vibrant community. Utilize our advanced tools to discover your ideal home in Midway Hollow. Filter your search by price, square footage, bedrooms, and bathrooms to refine your options and find a home that perfectly aligns with your needs and preferences.
As a premier independent real estate broker in Midway Hollow, Winston Alan Realty stands as your local expert, ready to address any inquiries you may have regarding properties, neighborhoods, schools, and the latest listings. Stay informed about Midway Hollow real estate trends and statistics with our comprehensive data analysis.
If you're considering selling your home in Midway Hollow, trust Winston Alan Realty to help you secure the best price. Our team combines market knowledge, cutting-edge technology, personalized service, and competitive fees to ensure a superior value for both buyers and sellers. Experience the unparalleled difference with Winston Alan Realty in Midway Hollow today!