$6,056 Closing Credit*
$510,000
1,901 SqFt
3 Beds
•2 Full Baths, 1 Partial
Srinivas Kappagantula, Listing Office: iDream Realty LLC
Is Dallas County, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Dallas County was a Seller's Market.
Key Takeaway
Dallas County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Dallas County, TX
How much do homes in Dallas County, TX cost?
Median Sold Price
$397,000
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$81,000(+25.6%)
Key Takeaway
Homes in Dallas County have sold for 25.6% more than they did a year ago.
Summary: The median home sold price in Dallas County was $397,000 in November 2024, up 25.6% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $112.5K | - | N/A |
| 2 Bedrooms | $117.5K | $400K | +240.4% |
| 3 Bedrooms | $280K | $325K | +16.1% |
| 4 Bedrooms | $327.4K | $433K | +32.2% |
| 5+ Bedrooms | $357.4K | $499.1K | +39.6% |
Summary: Dallas County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 240.4%, 3 bedroom homes increased by 16.1%, 4 bedroom homes increased by 32.2%, and 5+ bedroom homes increased by 39.6%.
Median Sold Price Compared To Nearby Counties
| Dallas County | $316K | $397K | +25.6% |
| Tarrant County | $352K | $304.9K | -13.4% |
Housing Supply in Dallas County, TX
How many homes are available in Dallas County, TX?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9,268 | 9,312 | 0.5% |
Summary: The Dallas County real estate market had 9,312 homes for sale in November 2024, a 0.5% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 362 | 401 | +10.8% |
| 2 Bedrooms | 1,267 | 1,259 | -0.6% |
| 3 Bedrooms | 3,943 | 3,966 | +0.6% |
| 4 Bedrooms | 2,804 | 2,778 | -0.9% |
| 5+ Bedrooms | 892 | 908 | +1.8% |
Summary: The Dallas County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 10.8%, 2 bedroom homes decreased by 0.6%, 3 bedroom homes increased by 0.6%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes increased by 1.8%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1,691 | 1,328 | -21.5% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Dallas County, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 1,328 homes were sold or pending in Dallas County in November 2024, down by 21.5% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 35 Days | 81 Days | +131.4% |
Summary: Homes in Dallas County had an average of 81 days on market in Nov 2024, up by 131.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Dallas County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1328 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.
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