Is Dallas, NC 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, NC
How much do homes in Dallas, NC cost?
Median Sold Price
$297,000
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Dallas have sold for 2.4% more than they did a year ago.
Summary: The median home sold price in Dallas was $297,000 in April 2024, up 2.4% 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 | $72K | $160K | +122.2% |
| 2 Bedrooms | $183K | $191.7K | +4.8% |
| 3 Bedrooms | $260K | $293.7K | +13.0% |
| 4 Bedrooms | $329.4K | $335.9K | +2.0% |
| 5+ Bedrooms | $364.5K | $350.3K | -3.9% |
Summary: Dallas housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 122.2%, 2 bedroom homes increased by 4.8%, 3 bedroom homes increased by 13%, 4 bedroom homes increased by 2%, and 5+ bedroom homes decreased by 3.9%.
Median Sold Price Compared To Nearby Cities
| Dallas Township | $289.9K | $299K | +3.1% |
| Dallas | $289.9K | $297K | +2.4% |
| Gastonia Township | $274.9K | $274.9K | 0% |
| Gastonia | $290K | $276.2K | -4.7% |
Housing Supply in Dallas, NC
How many homes are available in Dallas, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 60 | 69 | +15.0% |
Summary: The Dallas real estate market had 69 homes for sale in April 2024, a 15.0% 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 | 18 | 15 | -16.7% |
| 3 Bedrooms | 29 | 34 | +17.2% |
| 4 Bedrooms | 9 | 13 | +44.4% |
| 5+ Bedrooms | 4 | 7 | +75.0% |
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 decreased by 16.7%, 3 bedroom homes increased by 17.2%, 4 bedroom homes increased by 44.4%, and 5+ bedroom homes increased by 75%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 10 | 21 | +110.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Dallas, you may be able to get a good deal. 52.4% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in Dallas in April 2024, up by 110.0% month-over-month. Of the 21 sold homes, 52% were sold under asking, 33% were sold at asking, and 14% were sold over asking.
Days on Market for Dallas, NC
How long does it take to sell a home in Dallas, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 31 Days | 46 Days | +49.0% |
Summary: Homes in Dallas had an average of 46 days on market in Apr 2024, up by 49% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Dallas has remained consistent over time.
Summary: During April 2024, 21 homes were sold in Dallas; 38% of homes were sold within 30 days, 52% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.