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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dallas is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Dallas is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Dallas, GA

How much do homes in Dallas, GA cost?

Median Sold Price

$370,000

$174/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$10,910(+3.0%)

Key Takeaway

Homes in Dallas have sold for 3% more than they did a year ago.

Summary: The median home sold price in Dallas was $370,000 in November 2024, up 3% from last year, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $247.2K$241.8K
-2.2%
2 $280K$275K
-1.8%
3 $302.2K$313.4K
+3.7%
4 $384.9K$384.9K
0.0%
5+ $435.6K$450K
+3.3%

Summary: Dallas housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.2%, 2 bedroom homes decreased by 1.8%, 3 bedroom homes increased by 3.7%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 3.3%.

Median Sold Price Compared To Nearby Cities

Yorkville
+5.7%
Dallas
+3.0%
North Paulding
+2.8%
Hiram
0.0%

Housing Supply in Dallas, GA

How many homes are available in Dallas, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
769816+6.1%

Summary: The Dallas real estate market had 816 homes for sale in November 2024, a 6.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 3432
-5.9%
3 306317
+3.6%
4 287327
+13.9%
5+ 140139
-0.7%

Summary: The Dallas housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 5.9%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 13.9%, and 5+ bedroom homes decreased by 0.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
13097-25.4%

Asking Price vs. Sold Price

37 Homes Were Sold
Under Asking

31 Homes Were Sold
At Asking

20 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. 42% of homes here sold below asking price last month.

Summary: A total of 97 homes were sold or pending in Dallas in November 2024, down by 25.4% month-over-month. Of the 88 sold homes, 42% were sold under asking, 35% were sold at asking, and 23% 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

Nov 2023Nov 2024CHANGE
34 Days52 Days+50.6%

Summary: Homes in Dallas had an average of 52 days on market in Nov 2024, up by 50.6% compared to last year.

Breakdown of Home Sale Times

44 Homes Were Sold
Under 30 Days

34 Homes Were Sold
In 30 - 90 Days

19 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 November 2024, 97 homes were sold in Dallas; 45% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 20% 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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