Is Dallas, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
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.
Housing Prices in Dallas, OR
How much do homes in Dallas, OR cost?
Median Sold Price
$421,000
$278/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Dallas have sold for 3.2% less than they did a year ago.
Summary: The median home sold price in Dallas was $421,000 in April 2024, down 3.2% from last year, and the median price per square foot was $278.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $280K | - | N/A |
| 2 Bedrooms | $350K | $355K | +1.4% |
| 3 Bedrooms | $433K | $416.5K | -3.8% |
| 4 Bedrooms | $492.5K | $466K | -5.4% |
| 5+ Bedrooms | $580K | $582.9K | 0.5% |
Summary: Dallas housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.4%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes decreased by 5.4%, and 5+ bedroom homes increased by 0.5%.
Housing Supply in Dallas, OR
How many homes are available in Dallas, OR?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 72 | 72 | 0.0% |
Summary: The Dallas real estate market had 72 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 15 | 9 | -40.0% |
| 3 Bedrooms | 44 | 43 | -2.3% |
| 4 Bedrooms | 10 | 16 | +60.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Dallas housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 40%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes increased by 60%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 19 | 15 | -21.1% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Dallas, you may be able to get a good deal. 46.7% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in Dallas in April 2024, down by 21.1% month-over-month. Of the 15 sold homes, 47% were sold under asking, 40% were sold at asking, and 13% were sold over asking.
Days on Market for Dallas, OR
How long does it take to sell a home in Dallas, OR?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 59 Days | 151 Days | +155.8% |
Summary: Homes in Dallas had an average of 151 days on market in Apr 2024, up by 155.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Dallas are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During April 2024, 15 homes were sold in Dallas; 13% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.