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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dallas is a neutral's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

Dallas 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, GA

How much do homes in Dallas, GA cost?

Median Sold Price

$369,184

$174/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$9,185(+2.6%)

Key Takeaway

Homes in Dallas have sold for 2.6% more than they did a year ago.

Summary: The median home sold price in Dallas was $369,184 in October 2024, up 2.6% from last year, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $247.2K$962K
+289.1%
2 $275.5K$280K
+1.6%
3 $302.2K$310K
+2.6%
4 $383.8K$384.9K
0.3%
5+ $433K$450K
+3.9%

Summary: Dallas housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 289.1%, 2 bedroom homes increased by 1.6%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 0.3%, and 5+ bedroom homes increased by 3.9%.

Median Sold Price Compared To Nearby Cities

Yorkville
+5.7%
Dallas
+2.6%
North Paulding
+2.6%
Hiram
0.2%

Housing Supply in Dallas, GA

How many homes are available in Dallas, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
741834+12.6%

Summary: The Dallas real estate market had 834 homes for sale in October 2024, a 12.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 2734
+25.9%
3 276326
+18.1%
4 295313
+6.1%
5+ 141159
+12.8%

Summary: The Dallas housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25.9%, 3 bedroom homes increased by 18.1%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes increased by 12.8%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
151125-17.2%

Asking Price vs. Sold Price

56 Homes Were Sold
Under Asking

34 Homes Were Sold
At Asking

26 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. 48.3% of homes here sold below asking price last month.

Summary: A total of 125 homes were sold or pending in Dallas in October 2024, down by 17.2% month-over-month. Of the 116 sold homes, 48% were sold under asking, 29% were sold at asking, and 22% 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

Oct 2023Oct 2024CHANGE
30 Days47 Days+56.3%

Summary: Homes in Dallas had an average of 47 days on market in Oct 2024, up by 56.3% compared to last year.

Breakdown of Home Sale Times

56 Homes Were Sold
Under 30 Days

51 Homes Were Sold
In 30 - 90 Days

18 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 October 2024, 125 homes were sold in Dallas; 45% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 14% 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 20 Days Ago

Newest Listings in Dallas, GA

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What housing markets are near Dallas, GA?