Housing Prices in Balch Springs, TX
How much do homes in Balch Springs, TX cost?
Median List Price
$269,900
$174/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Key Takeaway
The list price of homes in Balch Springs has increased by 14.9% since last year.
Summary: The median home list price in Balch Springs was $269,900 in May 2024, up 14.9% from the previous year, and the median price per square foot was $174.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $187K | N/A |
| 2 Bedrooms | $214K | $177K | -17.3% |
| 3 Bedrooms | $225K | $250K | +11.1% |
| 4 Bedrooms | $279K | $303.9K | +8.9% |
| 5+ Bedrooms | $382.5K | $354.5K | -7.3% |
Summary: Balch Springs housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 17.3%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes decreased by 7.3%.
Median List Price Compared To Nearby Cities
| Balch Springs | $235K | $269.9K | +14.9% |
| Dallas | $425.2K | $463.3K | +9.0% |
| Northeast Dallas | $388.7K | $410.5K | +5.6% |
| Mesquite | $289.9K | $295K | +1.7% |
Housing Supply in Balch Springs, TX
How many homes are available in Balch Springs, TX?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 66 | 70 | +6.1% |
Summary: The Balch Springs real estate market had 70 homes for sale in May 2024, a 6.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 2 | 5 | +150.0% |
| 3 Bedrooms | 35 | 34 | -2.9% |
| 4 Bedrooms | 26 | 26 | 0.0% |
| 5+ Bedrooms | 2 | 5 | +150.0% |
Summary: The Balch Springs housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 150%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 150%.
Days on Market for Balch Springs, TX
How long does it take to sell a home in Balch Springs, TX?
Average Listing Age
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 66 Days | 70 Days | +5.5% |
Summary: Homes in Balch Springs had an average listing age of 70 days in May 2024, up by 5.5% compared to the previous year.
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