Is Dallas, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dallas is a seller's market

Buyer's
Market

Difference Since November 2021

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.

How much do homes in Dallas, NC cost?

Median Sold Price

$250,000

$173/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$27,000(+12.1%)

Key Takeaway

Homes in Dallas have sold for 12.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $95K$140K
+47.4%
2 $120K$175K
+45.8%
3 $223K$248K
+11.2%
4 $283K$368K
+30.0%
5+ $350K$375K
+7.1%

Median Sold Price Compared To Nearby Cities

Gastonia Township
+16.6%
Gastonia
+16.6%
Dallas Township
+15.4%
Dallas
+12.1%

How many homes are available in Dallas, NC?

Number of Homes For Sale

Oct 2022Nov 2022%
3229-9.4%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 109
-10.0%
3 1514
-6.7%
4 65
-16.7%
5+ 11
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
660.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 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, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Average Sale Time

Nov 2021Nov 2022%
14 Days25 Days+79.5%

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Dallas, NC

Dallas, NC has 29 homes for sale to choose from. The number of homes for sale in Dallas, NC decreased by 9.4% between October 2022 and November 2022. In November 2022, listings were on the market for 25 days. During the same period, the median list price in this real estate market was $250,000. Listing prices have changed in this real estate market between October 2022 and November 2022: prices of 1 bedroom properties increased by 47.4%, 2 bedrooms properties became 45.8% more expensive, prices of 3 bedrooms properties went up by 11.2%, the cost of 4 bedrooms properties went up by 30%, prices of 5 bedrooms properties went up by 7.1%. This housing market inventory have changed: the quantity of 1 bedroom homes have not changed, volume of 2 bedrooms homes went down by 10%, 3 bedrooms homes inventory decreased by 6.7%, 4 bedrooms homes inventory decreased by 16.7%, 5 bedrooms homes did not move. Over 1 listings were sold over their listed price in November 2022 in Dallas, NC. In the same period over 2 listings were sold below the listed price and 3 listings were sold for the listed price.

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