Is Dallas Bay / Lakeside, TN 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 Bay / Lakeside has remained a Seller's Market.
Key Takeaway
Dallas Bay / Lakeside is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Dallas Bay / Lakeside, TN
How much do homes in Dallas Bay / Lakeside, TN cost?
Median Sold Price
$349,033
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Dallas Bay / Lakeside have sold for 2.7% more than they did a year ago.
Summary: The median home sold price in Dallas Bay / Lakeside was $349,033 in April 2024, up 2.7% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $180K | $269K | +49.4% |
| 3 Bedrooms | $325.6K | $334.8K | +2.8% |
| 4 Bedrooms | $413.2K | $425K | +2.9% |
| 5+ Bedrooms | $372K | $675K | +81.5% |
Summary: Dallas Bay / Lakeside 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 49.4%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 81.5%.
Median Sold Price Compared To Nearby Neighborhoods
| Middle Valley | $297.3K | $357.9K | +20.4% |
| Birchwood | $368.6K | $380K | +3.1% |
| Dallas Bay / Lakeside | $340K | $349K | +2.7% |
| Harrison Bay | $490K | $440K | -10.2% |
Housing Supply in Dallas Bay / Lakeside, TN
How many homes are available in Dallas Bay / Lakeside, TN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 77 | 76 | -1.3% |
Summary: The Dallas Bay / Lakeside real estate market had 76 homes for sale in April 2024, a 1.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 57 | 57 | 0.0% |
| 4 Bedrooms | 13 | 13 | 0.0% |
| 5+ Bedrooms | 5 | 3 | -40.0% |
Summary: The Dallas Bay / Lakeside 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 increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 31 | 23 | -25.8% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Dallas Bay / Lakeside, you could pay more than the asking price. 43.5% of homes here sold above asking price last month.
Summary: A total of 23 homes were sold or pending in Dallas Bay / Lakeside in April 2024, down by 25.8% month-over-month. Of the 23 sold homes, 35% were sold under asking, 22% were sold at asking, and 43% were sold over asking.
Days on Market for Dallas Bay / Lakeside, TN
How long does it take to sell a home in Dallas Bay / Lakeside, TN?
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Dallas Bay / Lakeside are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 23 homes were sold in Dallas Bay / Lakeside; 22% of homes were sold within 30 days, 4% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved.