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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dallas Township is a neutral's market

Buyer's
Market

Difference Since October 2021

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

Key Takeaway

Dallas Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in Dallas Township, NC cost?

Median Sold Price

$278,865

$174/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$39,015(+16.3%)

Key Takeaway

Homes in Dallas Township have sold for 16.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $95K$140K
+47.4%
2 $121.7K$170.5K
+40.1%
3 $236K$275K
+16.5%
4 $285.7K$362.5K
+26.9%
5+ $295.7K$400K
+35.3%

Median Sold Price Compared To Nearby Cities

Ranlo
+20.6%
Gastonia
+20.4%
Gastonia Township
+19.4%
Dallas
+17.0%
Dallas Township
+16.3%

How many homes are available in Dallas Township, NC?

Number of Homes For Sale

Sep 2022Oct 2022%
93107+15.1%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 11
0.0%
2 1718
+5.9%
3 5354
+1.9%
4 1928
+47.4%
5+ 36
+100.0%

Number of Homes Sold

Sep 2022Oct 2022%
2317-26.1%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dallas Township, you may be able to get a good deal. 41.2% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
7 Days22 Days+191.2%

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Dallas Township 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 Township, NC

Dallas Township, NC has 107 homes for sale to choose from. The inventory of homes for sale in Dallas Township, NC between September 2022 and October 2022 increased by 15.1%. In October 2022, listings were on the market for 22 days. During the same period, the median list price in this real estate market was $278,865. From September 2022 through October 2022, the following changes in listing prices were observed in this housing market: 1 bedroom properties prices increased by 47.4%, prices of 2 bedrooms properties increased by 40.1%, prices of 3 bedrooms properties increased by 16.5%, the cost of 4 bedrooms properties went up by 26.9%, prices of 5 bedrooms properties increased by 35.3%. Housing inventory have changed in this real estate market: 1 bedroom homes inventory did not change, the quantity of 2 bedrooms homes went up by 5.9%, number of 3 bedrooms homes increased by 1.9%, number of 4 bedrooms homes increased by 47.4%, 5 bedrooms homes inventory increased by 100%. In October 2022 more than 7 listings in Dallas Township, NC were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 7 were sold below.

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