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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dallas County is a seller's market

Buyer's
Market

Difference Since June 2023

Since last year, Dallas County has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Dallas County, MO

How much do homes in Dallas County, MO cost?

Median Sold Price

$189,950

$405/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$7,950(+4.4%)

Key Takeaway

Homes in Dallas County have sold for 4.4% more than they did a year ago.

Summary: The median home sold price in Dallas County was $189,950 in June 2024, up 4.4% from last year, and the median price per square foot was $405.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $185K$200K
+8.1%
2 $127.7K$134.9K
+5.6%
3 $203K$190K
-6.4%
4 $313K$349.9K
+11.8%
5+ $380K$300K
-21.1%

Summary: Dallas County housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.1%, 2 bedroom homes increased by 5.6%, 3 bedroom homes decreased by 6.4%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes decreased by 21.1%.

Median Sold Price Compared To Nearby Counties

Hickory County
+24.5%
Laclede County
+18.3%
Polk County
+9.3%
Dallas County
+4.4%
Webster County
+3.0%

Housing Supply in Dallas County, MO

How many homes are available in Dallas County, MO?

Number of Homes For Sale

May 2024Jun 2024CHANGE
8175-7.4%

Summary: The Dallas County real estate market had 75 homes for sale in June 2024, a 7.4% decrease compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 22
0.0%
2 1516
+6.7%
3 4638
-17.4%
4 1413
-7.1%
5+ 46
+50.0%

Summary: The Dallas County housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 6.7%, 3 bedroom homes decreased by 17.4%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

May 2024Jun 2024CHANGE
1422+57.1%

Asking Price vs. Sold Price

15 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. 83.3% of homes here sold below asking price last month.

Summary: A total of 22 homes were sold or pending in Dallas County in June 2024, up by 57.1% month-over-month. Of the 18 sold homes, 83% were sold under asking, 11% were sold at asking, and 6% were sold over asking.

Days on Market for Dallas County, MO

How long does it take to sell a home in Dallas County, MO?

Average Sale Time

Jun 2023Jun 2024CHANGE
55 Days54 Days-1.1%

Summary: Homes in Dallas County had an average of 54 days on market in Jun 2024, down by 1.1% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During June 2024, 22 homes were sold in Dallas County; 55% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 23% 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 12 Days Ago

Newest Listings in Dallas County, MO

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