Is Dallas County, TX 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 County has remained a Seller's Market.
Housing Prices in Dallas County, TX
How much do homes in Dallas County, TX cost?
Median Sold Price
$316,000
$149/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Dallas County was $316,000 in April 2024, down 4.6% from last year, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $145K | $80K | -44.8% |
2 Bedrooms | $267.5K | $95K | -64.5% |
3 Bedrooms | $320K | $275K | -14.1% |
4 Bedrooms | $336K | $319.4K | -4.9% |
5+ Bedrooms | $505.5K | $418.7K | -17.2% |
Summary: Dallas County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 44.8%, 2 bedroom homes decreased by 64.5%, 3 bedroom homes decreased by 14.1%, 4 bedroom homes decreased by 4.9%, and 5+ bedroom homes decreased by 17.2%.
Median Sold Price Compared To Nearby Counties
Dallas County | $331.2K | $316K | -4.6% |
Tarrant County | $310.6K | $295.5K | -4.9% |
Housing Supply in Dallas County, TX
How many homes are available in Dallas County, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7,664 | 8,626 | +12.6% |
Summary: The Dallas County real estate market had 8,626 homes for sale in April 2024, a 12.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 283 | 326 | +15.2% |
2 Bedrooms | 1,064 | 1,205 | +13.3% |
3 Bedrooms | 3,236 | 3,581 | +10.7% |
4 Bedrooms | 2,309 | 2,657 | +15.1% |
5+ Bedrooms | 772 | 857 | +11.0% |
Summary: The Dallas County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 15.2%, 2 bedroom homes increased by 13.3%, 3 bedroom homes increased by 10.7%, 4 bedroom homes increased by 15.1%, and 5+ bedroom homes increased by 11%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1,725 | 1,812 | +5.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 1,812 homes were sold or pending in Dallas County in April 2024, up by 5.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Dallas County, TX
How long does it take to sell a home in Dallas County, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
35 Days | 37 Days | +7.4% |
Summary: Homes in Dallas County had an average of 37 days on market in Apr 2024, up by 7.4% compared to last year.
Breakdown of Home Sale Times
1,149 Homes Were Sold
Under 30 Days
419 Homes Were Sold
In 30 - 90 Days
244 Homes Were Sold
Over 90 Days
Summary: During April 2024, 1812 homes were sold in Dallas County; 63% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.