Is Dallas, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Dallas has remained a Seller's Market.
Housing Prices in Dallas, NC
How much do homes in Dallas, NC cost?
Median Sold Price
$305,000
$172/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Dallas was $305,000 in June 2024, up 6.1% from last year, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $72K | $112.5K | +56.3% |
2 Bedrooms | $175K | $200K | +14.3% |
3 Bedrooms | $270K | $300K | +11.1% |
4 Bedrooms | $329K | $339K | +3.0% |
5+ Bedrooms | $364.5K | $350.3K | -3.9% |
Summary: Dallas housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 56.3%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 3%, and 5+ bedroom homes decreased by 3.9%.
Median Sold Price Compared To Nearby Cities
Dallas | $287.5K | $305K | +6.1% |
Dallas Township | $289.9K | $305K | +5.2% |
Gastonia Township | $270.7K | $279.6K | +3.3% |
Gastonia | $285.2K | $279.9K | -1.9% |
Housing Supply in Dallas, NC
How many homes are available in Dallas, NC?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
83 | 85 | +2.4% |
Summary: The Dallas real estate market had 85 homes for sale in June 2024, a 2.4% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 11 | 9 | -18.2% |
3 Bedrooms | 37 | 43 | +16.2% |
4 Bedrooms | 19 | 20 | +5.3% |
5+ Bedrooms | 16 | 12 | -25.0% |
Summary: The Dallas housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 18.2%, 3 bedroom homes increased by 16.2%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
20 | 17 | -15.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Dallas in June 2024, down by 15.0% month-over-month. Of the 17 sold homes, 47% were sold under asking, 18% were sold at asking, and 35% were sold over asking.
Days on Market for Dallas, NC
How long does it take to sell a home in Dallas, NC?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
19 Days | 10 Days | -46.3% |
Summary: Homes in Dallas had an average of 10 days on market in Jun 2024, down by 46.3% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 17 homes were sold in Dallas; 94% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.