Is Dallas, NC 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 November 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, NC

How much do homes in Dallas, NC cost?

Median Sold Price

$317,750

$174/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$21,760(+7.4%)

Key Takeaway

Homes in Dallas have sold for 7.4% more than they did a year ago.

Summary: The median home sold price in Dallas was $317,750 in November 2024, up 7.4% from last year, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $116K$65K
-44.0%
2 $185K$198.5K
+7.3%
3 $285K$305K
+7.0%
4 $329K$347K
+5.5%
5+ $350.3K$359.8K
+2.7%

Summary: Dallas housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 44%, 2 bedroom homes increased by 7.3%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes increased by 2.7%.

Median Sold Price Compared To Nearby Cities

Dallas
+7.4%
Dallas Township
+5.0%
Gastonia Township
+4.7%
Gastonia
+1.8%

Housing Supply in Dallas, NC

How many homes are available in Dallas, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
9694-2.1%

Summary: The Dallas real estate market had 94 homes for sale in November 2024, a 2.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 42
-50.0%
3 5054
+8.0%
4 3230
-6.3%
5+ 108
-20.0%

Summary: The Dallas housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 8%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1720+17.6%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

9 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, expect to pay close to the asking price. 45% of homes here sold near the asking price last month.

Summary: A total of 20 homes were sold or pending in Dallas in November 2024, up by 17.6% month-over-month. Of the 20 sold homes, 40% were sold under asking, 45% were sold at asking, and 15% were sold over asking.

Days on Market for Dallas, NC

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

Average Sale Time

Nov 2023Nov 2024CHANGE
18 Days47 Days+156.8%

Summary: Homes in Dallas had an average of 47 days on market in Nov 2024, up by 156.8% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Dallas has remained consistent over time.

Summary: During November 2024, 20 homes were sold in Dallas; 30% of homes were sold within 30 days, 65% of homes were sold within 30 to 90 days, and 5% 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 17 Days Ago

Newest Listings in Dallas, NC

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