Is Dale, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Dale was a Seller's Market.
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
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
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $332K | $255K | -23.2% |
2 Bedrooms | $395K | $390K | -1.3% |
3 Bedrooms | $445K | $392.5K | -11.8% |
4 Bedrooms | $470K | $559.5K | +19.0% |
5+ Bedrooms | $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 | $445K | $494.5K | +11.1% |
Cedar Creek-Red Rock | $414.1K | $427.9K | +3.3% |
Housing Supply in Dale, TX
How many homes are available in Dale, TX?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
21 | 24 | +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
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 0 | -100.0% |
3 Bedrooms | 9 | 10 | +11.1% |
4 Bedrooms | 7 | 11 | +57.1% |
5+ Bedrooms | 4 | 3 | -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 2024 | May 2024 | CHANGE |
---|---|---|
4 | 1 | -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
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 2023 | May 2024 | CHANGE |
---|---|---|
51 Days | 42 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
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.