Is Dallas County, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dallas County is a neutral's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

Dallas County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Dallas County, TX

How much do homes in Dallas County, TX cost?

Median Sold Price

$378,500

$179/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$76,000(+25.1%)

Key Takeaway

Homes in Dallas County have sold for 25.1% more than they did a year ago.

Summary: The median home sold price in Dallas County was $378,500 in October 2024, up 25.1% from last year, and the median price per square foot was $179.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $112.5K-
N/A
2 $117.5K$430K
+266.0%
3 $256K$325K
+27.0%
4 $329.9K$407.5K
+23.5%
5+ $355K$917K
+158.3%

Summary: Dallas County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 266%, 3 bedroom homes increased by 27%, 4 bedroom homes increased by 23.5%, and 5+ bedroom homes increased by 158.3%.

Median Sold Price Compared To Nearby Counties

Dallas County
+25.1%
Tarrant County
-27.0%

Housing Supply in Dallas County, TX

How many homes are available in Dallas County, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
8,9949,953+10.7%

Summary: The Dallas County real estate market had 9,953 homes for sale in October 2024, a 10.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 357394
+10.4%
2 1,2011,350
+12.4%
3 3,7804,191
+10.9%
4 2,7643,036
+9.8%
5+ 892982
+10.1%

Summary: The Dallas County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 10.4%, 2 bedroom homes increased by 12.4%, 3 bedroom homes increased by 10.9%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes increased by 10.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1,5851,555-1.9%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dallas County, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1,555 homes were sold or pending in Dallas County in October 2024, down by 1.9% month-over-month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Dallas County, TX

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

Average Sale Time

Oct 2023Oct 2024CHANGE
32 Days56 Days+72.9%

Summary: Homes in Dallas County had an average of 56 days on market in Oct 2024, up by 72.9% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 1555 homes were sold in Dallas County; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 16 Days Ago

Newest Listings in Dallas County, TX

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What housing markets are near Dallas County, TX?