Is The Dominion, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing The Dominion is a buyer's market

Buyer's
Market

Difference Since September 2023

At the same time last year, The Dominion was a Seller's Market.

Key Takeaway

The Dominion is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in The Dominion, TX

How much do homes in The Dominion, TX cost?

Median Sold Price

$1,080,000

$283/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$105,000(+10.8%)

Key Takeaway

Homes in The Dominion have sold for 10.8% more than they did a year ago.

Summary: The median home sold price in The Dominion was $1,080,000 in September 2024, up 10.8% from last year, and the median price per square foot was $283.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $672.5K$522.5K
-22.3%
3 $765K$824.5K
+7.8%
4 $1.0M$955K
-7.5%
5+ $1.2M$1.2M
+3.2%

Summary: The Dominion housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 22.3%, 3 bedroom homes increased by 7.8%, 4 bedroom homes decreased by 7.5%, and 5+ bedroom homes increased by 3.2%.

Housing Supply in The Dominion, TX

How many homes are available in The Dominion, TX?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
5260+15.4%

Summary: The The Dominion real estate market had 60 homes for sale in September 2024, a 15.4% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 1514
-6.7%
4 2327
+17.4%
5+ 1317
+30.8%

Summary: The The Dominion housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes increased by 17.4%, and 5+ bedroom homes increased by 30.8%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
102-80.0%

Asking Price vs. Sold Price

2 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 The Dominion, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in The Dominion in September 2024, down by 80.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for The Dominion, TX

How long does it take to sell a home in The Dominion, TX?

Average Sale Time

Sep 2023Sep 2024CHANGE
139 Days9 Days-93.2%

Summary: Homes in The Dominion had an average of 9 days on market in Sep 2024, down by 93.2% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 2 homes were sold in The Dominion; 100% 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 30 Days Ago

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