Is Dallas, GA 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, GA
How much do homes in Dallas, GA cost?
Median Sold Price
$362,000
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Dallas have sold for 4% more than they did a year ago.
Summary: The median home sold price in Dallas was $362,000 in April 2024, up 4% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $247.2K | N/A |
| 2 Bedrooms | $237.5K | $285K | +20.0% |
| 3 Bedrooms | $295.3K | $308K | +4.3% |
| 4 Bedrooms | $370K | $387K | +4.6% |
| 5+ Bedrooms | $422.5K | $450K | +6.5% |
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 20%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes increased by 6.5%.
Median Sold Price Compared To Nearby Cities
| Dallas | $348K | $362K | +4.0% |
| Hiram | $317.5K | $325K | +2.4% |
| Yorkville | $300K | $306K | +2.0% |
| North Paulding | $416.1K | $424.2K | +1.9% |
Housing Supply in Dallas, GA
How many homes are available in Dallas, GA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 731 | 752 | +2.9% |
Summary: The Dallas real estate market had 752 homes for sale in April 2024, a 2.9% increase 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 | 24 | 32 | +33.3% |
| 3 Bedrooms | 278 | 294 | +5.8% |
| 4 Bedrooms | 295 | 285 | -3.4% |
| 5+ Bedrooms | 134 | 141 | +5.2% |
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 increased by 33.3%, 3 bedroom homes increased by 5.8%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes increased by 5.2%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 189 | 161 | -14.8% |
Asking Price vs. Sold Price
54 Homes Were Sold
Under Asking
54 Homes Were Sold
At Asking
41 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Dallas, you may be able to get a good deal. 36.2% of homes here sold below asking price last month.
Summary: A total of 161 homes were sold or pending in Dallas in April 2024, down by 14.8% month-over-month. Of the 149 sold homes, 36% were sold under asking, 36% were sold at asking, and 28% were sold over asking.
Days on Market for Dallas, GA
How long does it take to sell a home in Dallas, GA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 53 Days | 36 Days | -30.6% |
Summary: Homes in Dallas had an average of 36 days on market in Apr 2024, down by 30.6% compared to last year.
Breakdown of Home Sale Times
100 Homes Were Sold
Under 30 Days
41 Homes Were Sold
In 30 - 90 Days
20 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Dallas are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 161 homes were sold in Dallas; 62% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
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