In 2023,  Reinvestment Fund  completed an update to the City of Dallas MVA. The first MVA study in the City of Dallas was conducted in 2018 and a new study was needed to update information on current housing market conditions in Dallas neighborhoods.

The  Map  shows the MVA categories for every Census Block Group in the City of Dallas.

• Median Home Sales Price: This factors in Price to Rent in areas with a high proportion of rental units.
• Coefficient Variance: This represents the coefficient of variance in home sales price.
• Percent Owner-Occupied: This represents owner occupied units shown as a percent of total occupied housing units.
• Percent New Construction: New construction units shown as a percent of total housing units.
• Percent Code Violations: Housing units with structural code violations shown as a percent of total housing units.
• Percent of Vacant Homes: Vacant housing units shown as a percent of total housing units.
• Percent Foreclosure Filings: Housing units with foreclosure filings shown as a percent of total housing units.
• Percent Public Subsidy: Housing units built with public subsidy or occupied by voucher holders, shown as a percent of total housing units.
• Housing Units Per Acre: Shown in units per acre of residential land, this is provided only for reference and was not used in the analysis.

• The 2023 Dallas Market Value Analysis (MVA) identified nine market types based on measures of value, investment, financial stress, blight, and vacancy. 
• The characteristics of the clusters have changed greatly since the 2018 Dallas MVA. Home sale prices have increased in each cluster, and increased the most as a percentage in the clusters with the lowest sale prices in 2018. Building permitting activity also increased across Dallas, increasing the most as a percentage point change in cluster E (the middle of Dallas’ housing market).
• Areas that moved up in the market type categories from 2018 to 2023 were in West Dallas and Cedar Crest. Block groups that declined in the market type categories were scattered around the city, that is, there was not a particular neighborhood that showed evidence of decline from 2018 to 2023.  
• Changes in home sale prices have also made Dallas less affordable for purchasing a home. The ratio of home sale prices to incomes grew at each price point in the city. 
• The geography of opportunity (that is, where households can afford to purchase a home) shrank for most Dallas households. In 2018 much of southern Dallas and parts of eastern Dallas were affordable at the typical household income. Today only a handful of areas are affordable to a household making median income (about $58,200 according to the 2017-2021 American Community Survey).
• The lack of affordability affects Dallas’ Hispanic and Black households more than other racial and ethnic groups due to the incomes of each group. 
• Displacement pressure (that is, housing costs relative to the income of long-term residents) has increased in most of the areas around Downtown Dallas, especially in West Dallas, South Dallas, and Deep Ellum. These changes could indicate that long-term residents in those areas will face large property tax increases and that households of a similar economic profile to the long-term residents will have difficulty purchasing homes in those areas.