Is Dalton, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dalton is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Dalton was a Buyer's Market.

Key Takeaway

Dalton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Dalton, OH

How much do homes in Dalton, OH cost?

Median Sold Price

$337,500

$140/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$117,500(-25.8%)

Key Takeaway

Homes in Dalton have sold for 25.8% less than they did a month ago.

Summary: The median home sold price in Dalton was $337,500 in May 2024, down 25.8% from last month, and the median price per square foot was $140.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 --
N/A
3 -$325K
N/A
4 -$350K
N/A
5+ $455K-
N/A

Summary: Dalton housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Sugar Creek Township
-4.8%
Dalton
-25.8%

Housing Supply in Dalton, OH

How many homes are available in Dalton, OH?

Number of Homes For Sale

Apr 2024May 2024CHANGE
811+37.5%

Summary: The Dalton real estate market had 11 homes for sale in May 2024, a 37.5% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 11
0.0%
3 36
+100.0%
4 11
0.0%
5+ 33
0.0%

Summary: The Dalton housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dalton, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Dalton in May 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Dalton, OH

How long does it take to sell a home in Dalton, OH?

Average Sale Time

Apr 2024May 2024CHANGE
6 Days17 Days+191.7%

Summary: Homes in Dalton had an average of 17 days on market in May 2024, up by 191.7% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Dalton are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 2 homes were sold in Dalton; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Dalton, OH

Nearby Markets to Dalton, OH