Is Dallas, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dallas is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, Dallas has remained a Seller's Market.

Key Takeaway

Dallas is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Dallas, GA

How much do homes in Dallas, GA cost?

Median Sold Price

$367,518

$174/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$7,519(+2.1%)

Key Takeaway

Homes in Dallas have sold for 2.1% more than they did a year ago.

Summary: The median home sold price in Dallas was $367,518 in September 2024, up 2.1% from last year, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $247.2K$962K
+289.1%
2 $275.2K$278.5K
+1.2%
3 $300K$311.6K
+3.9%
4 $382K$384.8K
+0.7%
5+ $434.9K$450K
+3.4%

Summary: Dallas housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 289.1%, 2 bedroom homes increased by 1.2%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes increased by 3.4%.

Median Sold Price Compared To Nearby Cities

Yorkville
+5.7%
North Paulding
+2.5%
Dallas
+2.1%
Hiram
0.2%

Housing Supply in Dallas, GA

How many homes are available in Dallas, GA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
7837840.1%

Summary: The Dallas real estate market had 784 homes for sale in September 2024, a 0.1% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 03
+100.0%
2 4229
-31.0%
3 272291
+7.0%
4 303316
+4.3%
5+ 166145
-12.7%

Summary: The Dallas housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 31%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes decreased by 12.7%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
188139-26.1%

Asking Price vs. Sold Price

53 Homes Were Sold
Under Asking

40 Homes Were Sold
At Asking

36 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dallas, you may be able to get a good deal. 41.1% of homes here sold below asking price last month.

Summary: A total of 139 homes were sold or pending in Dallas in September 2024, down by 26.1% month-over-month. Of the 129 sold homes, 41% were sold under asking, 31% were sold at asking, and 28% were sold over asking.

Days on Market for Dallas, GA

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

Average Sale Time

Sep 2023Sep 2024CHANGE
30 Days36 Days+20.3%

Summary: Homes in Dallas had an average of 36 days on market in Sep 2024, up by 20.3% compared to last year.

Breakdown of Home Sale Times

80 Homes Were Sold
Under 30 Days

46 Homes Were Sold
In 30 - 90 Days

13 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 139 homes were sold in Dallas; 58% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 9% 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 Sep 1, 2024

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