Is Dallas County, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dallas County is a buyer's market

Buyer's
Market

Difference Since February 2022

At the same time last year, Dallas County was a Seller's Market.

Key Takeaway

Dallas County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Dallas County, AL cost?

Median Sold Price

$110,000

$60/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2022

-$9,000(-7.6%)

Key Takeaway

Homes in Dallas County have sold for 7.6% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2022Feb 2023%
1 $29K-
N/A
2 $52.4K$51.2K
-2.3%
3 $110.7K$109.9K
-0.7%
4 $165.5K$138K
-16.6%
5+ $185K$250K
+35.1%

Median Sold Price Compared To Nearby Counties

Autauga County
+11.2%
Dallas County
-7.6%

How many homes are available in Dallas County, AL?

Number of Homes For Sale

Jan 2023Feb 2023%
8290+9.8%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 00
0.0%
2 79
+28.6%
3 5559
+7.3%
4 1315
+15.4%
5+ 77
0.0%

Number of Homes Sold

Jan 2023Feb 2023%
911+22.2%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dallas County, you may be able to get a good deal. 72.7% of homes here sold below asking price last month.

Average Sale Time

Feb 2022Feb 2023%
105 Days152 Days+44.8%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Dallas County are taking a long time to sell, it's a good idea to negotiate on homes here.

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

About Dallas County, AL

Dallas County, AL has 90 homes for sale to choose from. The number of homes for sale in Dallas County, AL increased by 9.8% between January 2023 and February 2023. Listings spent 152 days on the market in February 2023, and had a median list price of $110,000 during the same period. Real estate listing prices changed between January 2023 and February 2023: prices of 1 bedroom properties went up by 0%, 2 bedrooms properties prices decreased by 2.3%, prices of 3 bedrooms properties decreased by 0.7%, the cost of 4 bedrooms properties went down by 16.6%, 5 bedrooms properties became 35.1% more expensive. This housing market inventory have changed: the quantity of 1 bedroom homes have not changed, the quantity of 2 bedrooms homes went up by 28.6%, number of 3 bedrooms homes increased by 7.3%, volume of 4 bedrooms homes went up by 15.4%, number of 5 bedrooms homes remained the same. While more than 1 listings in Dallas County, AL in February 2023 were sold above asking price, there were more than 2 listings sold at asking price, and more than 8 were sold below.

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