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 seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Dallas Township, NC

How much do homes in Dallas Township, NC cost?

Median Sold Price

$299,000

$180/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$8,066(+2.8%)

Key Takeaway

Homes in Dallas Township have sold for 2.8% more than they did a year ago.

Summary: The median home sold price in Dallas Township was $299,000 in March 2024, up 2.8% from last year, and the median price per square foot was $180.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$116K
N/A
2 $185K$185K
0.0%
3 $280K$285K
+1.8%
4 $342.3K$339.3K
-0.9%
5+ $400K$350K
-12.5%

Summary: Dallas Township 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 did not change, 3 bedroom homes increased by 1.8%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes decreased by 12.5%.

Median Sold Price Compared To Nearby Cities

Dallas
+3.1%
Dallas Township
+2.8%
Gastonia Township
-0.3%
Gastonia
-5.0%
Ranlo
-5.4%

Housing Supply in Dallas Township, NC

How many homes are available in Dallas Township, NC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
8476-9.5%

Summary: The Dallas Township real estate market had 76 homes for sale in March 2024, a 9.5% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 2121
0.0%
3 4240
-4.8%
4 169
-43.8%
5+ 56
+20.0%

Summary: The Dallas Township 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 remained the same, 3 bedroom homes decreased by 4.8%, 4 bedroom homes decreased by 43.8%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
2614-46.2%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

5 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. 50% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in Dallas Township in March 2024, down by 46.2% month-over-month. Of the 14 sold homes, 50% were sold under asking, 14% were sold at asking, and 36% were sold over asking.

Days on Market for Dallas Township, NC

How long does it take to sell a home in Dallas Township, NC?

Average Sale Time

Mar 2023Mar 2024CHANGE
65 Days21 Days-66.8%

Summary: Homes in Dallas Township had an average of 21 days on market in Mar 2024, down by 66.8% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

5 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.

Summary: During March 2024, 14 homes were sold in Dallas Township; 64% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 0% 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 24 Days Ago

Newest Listings in Dallas Township, NC

Nearby Markets to Dallas Township, NC

What housing markets are near Dallas Township, NC?