Is Dallas, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Dallas has remained a Seller's Market.
Key Takeaway
Dallas is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Dallas, GA
How much do homes in Dallas, GA cost?
Median Sold Price
$359,995
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Dallas have sold for 3.4% more than they did a year ago.
Summary: The median home sold price in Dallas was $359,995 in March 2024, up 3.4% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $247.2K | N/A |
| 2 Bedrooms | $275K | $280K | +1.8% |
| 3 Bedrooms | $295K | $305K | +3.4% |
| 4 Bedrooms | $360.5K | $387.7K | +7.6% |
| 5+ Bedrooms | $420K | $449.9K | +7.1% |
Summary: Dallas housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.8%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 7.6%, and 5+ bedroom homes increased by 7.1%.
Median Sold Price Compared To Nearby Cities
| Dallas | $348K | $359.9K | +3.4% |
| Hiram | $317.5K | $325K | +2.4% |
| North Paulding | $417.8K | $420K | 0.5% |
| Yorkville | $310.5K | $305.7K | -1.5% |
Housing Supply in Dallas, GA
How many homes are available in Dallas, GA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 659 | 748 | +13.5% |
Summary: The Dallas real estate market had 748 homes for sale in March 2024, a 13.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 25 | 22 | -12.0% |
| 3 Bedrooms | 249 | 292 | +17.3% |
| 4 Bedrooms | 256 | 300 | +17.2% |
| 5+ Bedrooms | 129 | 134 | +3.9% |
Summary: The Dallas housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 12%, 3 bedroom homes increased by 17.3%, 4 bedroom homes increased by 17.2%, and 5+ bedroom homes increased by 3.9%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 135 | 172 | +27.4% |
Asking Price vs. Sold Price
69 Homes Were Sold
Under Asking
59 Homes Were Sold
At Asking
38 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Dallas, you may be able to get a good deal. 41.6% of homes here sold below asking price last month.
Summary: A total of 172 homes were sold or pending in Dallas in March 2024, up by 27.4% month-over-month. Of the 166 sold homes, 42% were sold under asking, 36% were sold at asking, and 23% were sold over asking.
Days on Market for Dallas, GA
How long does it take to sell a home in Dallas, GA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 56 Days | 44 Days | -21.1% |
Summary: Homes in Dallas had an average of 44 days on market in Mar 2024, down by 21.1% compared to last year.
Breakdown of Home Sale Times
89 Homes Were Sold
Under 30 Days
58 Homes Were Sold
In 30 - 90 Days
25 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Dallas are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 172 homes were sold in Dallas; 52% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
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