Is Dallas Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dallas Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Dallas Township, NC

How much do homes in Dallas Township, NC cost?

Median Sold Price

$305,000

$178/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$9,010(+3.0%)

Key Takeaway

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

Summary: The median home sold price in Dallas Township was $305,000 in October 2024, up 3% from last year, and the median price per square foot was $178.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $116K$65K
-44.0%
2 $175K$200K
+14.3%
3 $282K$300K
+6.4%
4 $329.4K$347.5K
+5.5%
5+ $350K$359.8K
+2.8%

Summary: Dallas Township 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 14.3%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes increased by 2.8%.

Median Sold Price Compared To Nearby Cities

Gastonia Township
+5.0%
Dallas Township
+3.0%
Dallas
+2.8%
Gastonia
+1.8%
Ranlo
0.0%

Housing Supply in Dallas Township, NC

How many homes are available in Dallas Township, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
100108+8.0%

Summary: The Dallas Township real estate market had 108 homes for sale in October 2024, a 8.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 127
-41.7%
3 5161
+19.6%
4 2829
+3.6%
5+ 911
+22.2%

Summary: The Dallas Township 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 41.7%, 3 bedroom homes increased by 19.6%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes increased by 22.2%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
20200.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

10 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 Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 20 homes were sold or pending in Dallas Township in October 2024, the same as the previous month. Of the 20 sold homes, 35% were sold under asking, 50% were sold at asking, and 15% were sold over asking.

Days on Market for Dallas Township, NC

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

Average Sale Time

Oct 2023Oct 2024CHANGE
27 Days33 Days+24.8%

Summary: Homes in Dallas Township had an average of 33 days on market in Oct 2024, up by 24.8% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 20 homes were sold in Dallas Township; 60% of homes were sold within 30 days, 35% 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 Township, NC

Nearby Markets to Dallas Township, NC

What housing markets are near Dallas Township, NC?