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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dallas is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 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.

How much do homes in Dallas, TX cost?

Median Sold Price

$396,000

$174/sqft

Based on all homes sold in December 2022.

Difference Since Last Month

+$276,000(+230.0%)

Key Takeaway

Homes in Dallas have sold for 230% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSNov 2022Dec 2022%
1 --
N/A
2 --
N/A
3 $120K$396K
+230.0%
4 --
N/A
5+ --
N/A

How many homes are available in Dallas, TX?

Number of Homes For Sale

Nov 2022Dec 2022%
3,1523,133-0.6%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 203202
-0.5%
2 605609
+0.7%
3 1,2711,275
0.3%
4 780769
-1.4%
5+ 293278
-5.1%

Number of Homes Sold

Nov 2022Dec 2022%
681636-6.6%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dallas, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Nov 2022Dec 2022%
7 Days37 Days+435.7%

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Dallas has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Dallas, TX

There are 3,133 homes are for sale in Dallas, TX real estate market. The number of homes for sale in Dallas, TX decreased by 0.6% between November 2022 and December 2022. While the average time on the market in December 2022 was 37 days, the median list price was $396,000. This housing market listing prices have changed between December 2021 and December 2022: the cost of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties went up by 0%, 3 bedrooms properties became 230% more expensive, prices of 4 bedrooms properties went up by 0%, 5 bedrooms properties prices increased by 0%. This housing market inventory have changed: volume of 1 bedroom homes went down by 0.5%, the quantity of 2 bedrooms homes went up by 0.7%, volume of 3 bedrooms homes went up by 0.3%, number of 4 bedrooms homes decreased by 1.4%, 5 bedrooms homes became 5.1% less available. In December 2022, from all listings sold in Dallas, TX there were more than 0 sold above asking price, over 2 sold below and more than 0 were sold right at the asked price.

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