Is Dallas County, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dallas County is a neutral's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

Dallas County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Dallas County, MO

How much do homes in Dallas County, MO cost?

Median Sold Price

$190,000

$386/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$8,000(+4.4%)

Key Takeaway

Homes in Dallas County have sold for 4.4% more than they did a year ago.

Summary: The median home sold price in Dallas County was $190,000 in May 2024, up 4.4% from last year, and the median price per square foot was $386.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $185K$200K
+8.1%
2 $127K$140K
+10.3%
3 $200K$209.5K
+4.8%
4 $313K$349.9K
+11.8%
5+ $380K$318K
-16.3%

Summary: Dallas County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.1%, 2 bedroom homes increased by 10.3%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes decreased by 16.3%.

Median Sold Price Compared To Nearby Counties

Hickory County
+25.8%
Laclede County
+19.4%
Polk County
+9.4%
Dallas County
+4.4%
Webster County
+3.9%

Housing Supply in Dallas County, MO

How many homes are available in Dallas County, MO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
7679+3.9%

Summary: The Dallas County real estate market had 79 homes for sale in May 2024, a 3.9% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 12
+100.0%
2 1616
0.0%
3 4344
+2.3%
4 1114
+27.3%
5+ 53
-40.0%

Summary: The Dallas County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes decreased by 40%.

Number of Homes Sold

Apr 2024May 2024CHANGE
1713-23.5%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dallas County, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Dallas County in May 2024, down by 23.5% month-over-month. Of the 12 sold homes, 42% were sold under asking, 25% were sold at asking, and 33% were sold over asking.

Days on Market for Dallas County, MO

How long does it take to sell a home in Dallas County, MO?

Average Sale Time

May 2023May 2024CHANGE
53 Days46 Days-13.0%

Summary: Homes in Dallas County had an average of 46 days on market in May 2024, down by 13% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Dallas County are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 13 homes were sold in Dallas County; 54% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 8% 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 Dallas County, MO

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