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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dallas County is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Dallas County has remained a Seller's Market.

Key Takeaway

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

How much do homes in Dallas County, TX cost?

Median Sold Price

$283,500

$140/sqft

Based on all homes sold in December 2021.

Difference Since Last Month

-$74,265(-20.8%)

Key Takeaway

Homes in Dallas County have sold for 20.8% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Dec 2021%
1 --
N/A
2 -$147K
N/A
3 $250K-
N/A
4 $357.7K$420K
+17.4%
5+ $537.2K-
N/A

Median Sold Price Compared To Nearby Counties

Denton County
-1.0%
Dallas County
-20.8%
Tarrant County
-25.5%

How many homes are available in Dallas County, TX?

Number of Homes For Sale

Nov 2021Dec 2021%
6,8566,317-7.9%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 271248
-8.5%
2 1,1191,030
-8.0%
3 3,0942,820
-8.9%
4 1,8091,707
-5.6%
5+ 563512
-9.1%

Number of Homes Sold

Nov 2021Dec 2021%
2,2372,123-5.1%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dallas County, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Dec 2021%
13 Days35 Days+167.9%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Dallas County are selling fast, if you're buying plan to act quickly.

About Dallas County, TX

Homes for sale in Dallas County, TX have reached 6,317. The inventory of homes for sale in Dallas County, TX between November 2021 and December 2021 decreased by 7.9%. In December 2021, listings were on the market for 35 days. During the same period, the median list price in this real estate market was $283,500. Listing prices have changed in this real estate market between December 2020 and December 2021: prices of 1 bedroom properties increased by 0%, 2 bedrooms properties prices increased by 0%, 3 bedrooms properties prices increased by 0%, prices of 4 bedrooms properties increased by 17.4%, prices of 5 bedrooms properties went up by 0%. This housing market inventory have changed: 1 bedroom homes became 8.5% less available, number of 2 bedrooms homes decreased by 8%, 3 bedrooms homes inventory decreased by 8.9%, number of 4 bedrooms homes decreased by 5.6%, 5 bedrooms homes became 9.1% less available. In December 2021, from all listings sold in Dallas County, TX there were more than 1 sold above asking price, over 1 sold below and more than 0 were sold right at the asked price.

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