Is Dale, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dale is a neutral's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Dale, TX

How much do homes in Dale, TX cost?

Median Sold Price

$499,000

$266/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$104,000(+26.3%)

Key Takeaway

Homes in Dale have sold for 26.3% more than they did a year ago.

Summary: The median home sold price in Dale was $499,000 in March 2024, up 26.3% from last year, and the median price per square foot was $266.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $332K$255K
-23.2%
2 $425K$423.2K
-0.4%
3 $430K$447.4K
+4.1%
4 $437.5K$535K
+22.3%
5+ $310K$499.9K
+61.3%

Summary: Dale housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 23.2%, 2 bedroom homes decreased by 0.4%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 22.3%, and 5+ bedroom homes increased by 61.3%.

Median Sold Price Compared To Nearby Cities

Dale
+26.3%
Cedar Creek-Red Rock
-4.3%

Housing Supply in Dale, TX

How many homes are available in Dale, TX?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2324+4.3%

Summary: The Dale real estate market had 24 homes for sale in March 2024, a 4.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 33
0.0%
3 79
+28.6%
4 109
-10.0%
5+ 33
0.0%

Summary: The Dale 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 increased by 28.6%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
440.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dale, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Dale in March 2024, the same as the previous month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Dale, TX

How long does it take to sell a home in Dale, TX?

Average Sale Time

Mar 2023Mar 2024CHANGE
105 Days103 Days-1.4%

Summary: Homes in Dale had an average of 103 days on market in Mar 2024, down by 1.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Dale are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 4 homes were sold in Dale; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% 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 Dale, TX

Nearby Markets to Dale, TX

What housing markets are near Dale, TX?