Is Northeast Dallas, 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, Northeast Dallas has remained a Seller's Market.
Key Takeaway
Northeast Dallas is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Northeast Dallas, TX
How much do homes in Northeast Dallas, TX cost?
Median Sold Price
$309,250
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Northeast Dallas have sold for 9% less than they did a year ago.
Summary: The median home sold price in Northeast Dallas was $309,250 in April 2024, down 9% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $145K | - | N/A |
| 2 Bedrooms | $375K | $245K | -34.7% |
| 3 Bedrooms | $291K | $316K | +8.6% |
| 4 Bedrooms | $340K | $275.2K | -19.0% |
| 5+ Bedrooms | $913.7K | $1.3M | +46.1% |
Summary: Northeast 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 decreased by 34.7%, 3 bedroom homes increased by 8.6%, 4 bedroom homes decreased by 19%, and 5+ bedroom homes increased by 46.1%.
Median Sold Price Compared To Nearby Cities
| Dallas | $227.5K | $249K | +9.5% |
| Northeast Dallas | $340K | $309.2K | -9.0% |
Housing Supply in Northeast Dallas, TX
How many homes are available in Northeast Dallas, TX?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5,087 | 5,828 | +14.6% |
Summary: The Northeast Dallas real estate market had 5,828 homes for sale in April 2024, a 14.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 259 | 306 | +18.1% |
| 2 Bedrooms | 844 | 974 | +15.4% |
| 3 Bedrooms | 2,064 | 2,300 | +11.4% |
| 4 Bedrooms | 1,412 | 1,669 | +18.2% |
| 5+ Bedrooms | 508 | 579 | +14.0% |
Summary: The Northeast Dallas housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 18.1%, 2 bedroom homes increased by 15.4%, 3 bedroom homes increased by 11.4%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 14%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1,146 | 1,182 | +3.1% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Northeast Dallas, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1,182 homes were sold or pending in Northeast Dallas in April 2024, up by 3.1% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Northeast Dallas, TX
How long does it take to sell a home in Northeast Dallas, TX?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 33 Days | 36 Days | +7.6% |
Summary: Homes in Northeast Dallas had an average of 36 days on market in Apr 2024, up by 7.6% compared to last year.
Breakdown of Home Sale Times
779 Homes Were Sold
Under 30 Days
265 Homes Were Sold
In 30 - 90 Days
138 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Northeast Dallas are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 1182 homes were sold in Northeast Dallas; 66% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Disclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”. 
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the San Antonio Board of Realtors. Real estate listings held by brokerage firms are indicated by detailed information about them such as the name of the listing firms. © 2024 San Antonio Board of Realtors®. All Rights Reserved.