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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dale is a buyer's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

Dale is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Dale, TX

How much do homes in Dale, TX cost?

Median Sold Price

$494,500

$266/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$49,500(+11.1%)

Key Takeaway

Homes in Dale have sold for 11.1% more than they did a year ago.

Summary: The median home sold price in Dale was $494,500 in May 2024, up 11.1% from last year, and the median price per square foot was $266.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $332K$255K
-23.2%
2 $395K$390K
-1.3%
3 $445K$392.5K
-11.8%
4 $470K$559.5K
+19.0%
5+ $303.7K$499.9K
+64.6%

Summary: Dale housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 23.2%, 2 bedroom homes decreased by 1.3%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes increased by 19%, and 5+ bedroom homes increased by 64.6%.

Median Sold Price Compared To Nearby Cities

Dale
+11.1%
Cedar Creek-Red Rock
+3.3%

Housing Supply in Dale, TX

How many homes are available in Dale, TX?

Number of Homes For Sale

Apr 2024May 2024CHANGE
2124+14.3%

Summary: The Dale real estate market had 24 homes for sale in May 2024, a 14.3% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 910
+11.1%
4 711
+57.1%
5+ 43
-25.0%

Summary: The Dale housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 57.1%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Apr 2024May 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

0 Homes Were 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 Dale, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Dale in May 2024, down by 75.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% 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

May 2023May 2024CHANGE
51 Days42 Days-18.6%

Summary: Homes in Dale had an average of 42 days on market in May 2024, down by 18.6% compared to last year.

Breakdown of Home Sale Times

0 Homes Were 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

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

Summary: During May 2024, 1 homes were sold in Dale; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 1 Day Ago

Newest Listings in Dale, TX

Nearby Markets to Dale, TX

What housing markets are near Dale, TX?