$2,731 Closing Credit*
$230,000
1,291 SqFt
3 Beds
•2 Full Baths
Listing Office: RE/MAX Metro Realty
Is Dallas, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$307,250
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$8,250(+2.8%)
Key Takeaway
Homes in Dallas have sold for 2.8% more than they did a year ago.
Summary: The median home sold price in Dallas was $307,250 in October 2024, up 2.8% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $116K | $65K | -44.0% |
| 2 Bedrooms | $185K | $200K | +8.1% |
| 3 Bedrooms | $285K | $300K | +5.3% |
| 4 Bedrooms | $329K | $345.8K | +5.1% |
| 5+ Bedrooms | $350.3K | $359.8K | +2.7% |
Summary: Dallas housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 44%, 2 bedroom homes increased by 8.1%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes increased by 2.7%.
Median Sold Price Compared To Nearby Cities
| Gastonia Township | $271K | $284.4K | +5.0% |
| Dallas Township | $295.9K | $305K | +3.0% |
| Dallas | $299K | $307.2K | +2.8% |
| Gastonia | $279.9K | $285K | +1.8% |
Housing Supply in Dallas, NC
How many homes are available in Dallas, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 83 | 92 | +10.8% |
Summary: The Dallas real estate market had 92 homes for sale in October 2024, a 10.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 9 | 5 | -44.4% |
| 3 Bedrooms | 39 | 49 | +25.6% |
| 4 Bedrooms | 27 | 28 | +3.7% |
| 5+ Bedrooms | 8 | 10 | +25.0% |
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 decreased by 44.4%, 3 bedroom homes increased by 25.6%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 16 | +14.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Dallas, expect to pay close to the asking price. 56.3% of homes here sold near the asking price last month.
Summary: A total of 16 homes were sold or pending in Dallas in October 2024, up by 14.3% month-over-month. Of the 16 sold homes, 38% were sold under asking, 56% were sold at asking, and 6% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 31 Days | 38 Days | +23.7% |
Summary: Homes in Dallas had an average of 38 days on market in Oct 2024, up by 23.7% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Dallas are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 16 homes were sold in Dallas; 56% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
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