Is Dallas County, AL 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 September 2023

Since last year, Dallas County has remained a Neutral 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, AL

How much do homes in Dallas County, AL cost?

Median Sold Price

$119,450

$70/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$8,450(+7.6%)

Key Takeaway

Homes in Dallas County have sold for 7.6% more than they did a year ago.

Summary: The median home sold price in Dallas County was $119,450 in September 2024, up 7.6% from last year, and the median price per square foot was $70.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $40K$45K
+12.5%
3 $112K$125K
+11.6%
4 $140K$172.4K
+23.2%
5+ $288.7K$201K
-30.4%

Summary: Dallas County housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 11.6%, 4 bedroom homes increased by 23.2%, and 5+ bedroom homes decreased by 30.4%.

Median Sold Price Compared To Nearby Counties

Dallas County
+7.6%
Autauga County
+6.1%

Housing Supply in Dallas County, AL

How many homes are available in Dallas County, AL?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
126128+1.6%

Summary: The Dallas County real estate market had 128 homes for sale in September 2024, a 1.6% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 11
0.0%
2 1919
0.0%
3 7677
+1.3%
4 2021
+5.0%
5+ 1010
0.0%

Summary: The Dallas County housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
1620+25.0%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 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. 75% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in Dallas County in September 2024, up by 25.0% month-over-month. Of the 20 sold homes, 75% were sold under asking, 10% were sold at asking, and 15% were sold over asking.

Days on Market for Dallas County, AL

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

Average Sale Time

Sep 2023Sep 2024CHANGE
78 Days98 Days+25.6%

Summary: Homes in Dallas County had an average of 98 days on market in Sep 2024, up by 25.6% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

9 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Dallas County are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During September 2024, 20 homes were sold in Dallas County; 15% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 45% 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 29 Days Ago

Newest Listings in Dallas County, AL

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What housing markets are near Dallas County, AL?