Is Dallas, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Dallas has remained a Seller's Market.
Housing Prices in Dallas, GA
How much do homes in Dallas, GA cost?
Median Sold Price
$364,813
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Dallas was $364,813 in May 2024, up 2.3% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $40K | N/A |
2 Bedrooms | $275K | $285K | +3.6% |
3 Bedrooms | $300K | $309.9K | +3.3% |
4 Bedrooms | $378K | $385.2K | +1.9% |
5+ Bedrooms | $430K | $450K | +4.7% |
Summary: Dallas 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 increased by 3.6%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes increased by 4.7%.
Median Sold Price Compared To Nearby Cities
Dallas | $356.5K | $364.8K | +2.3% |
North Paulding | $414.9K | $424.3K | +2.3% |
Yorkville | $305K | $309.5K | +1.5% |
Hiram | $324K | $325K | 0.3% |
Housing Supply in Dallas, GA
How many homes are available in Dallas, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
771 | 871 | +13.0% |
Summary: The Dallas real estate market had 871 homes for sale in May 2024, a 13.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 31 | 32 | +3.2% |
3 Bedrooms | 294 | 336 | +14.3% |
4 Bedrooms | 292 | 313 | +7.2% |
5+ Bedrooms | 154 | 189 | +22.7% |
Summary: The Dallas housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 3.2%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 7.2%, and 5+ bedroom homes increased by 22.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
176 | 216 | +22.7% |
Asking Price vs. Sold Price
81 Homes Were Sold
Under Asking
79 Homes Were Sold
At Asking
51 Homes Were Sold
Over Asking
Summary: A total of 216 homes were sold or pending in Dallas in May 2024, up by 22.7% month-over-month. Of the 211 sold homes, 38% were sold under asking, 37% were sold at asking, and 24% were sold over asking.
Days on Market for Dallas, GA
How long does it take to sell a home in Dallas, GA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
42 Days | 37 Days | -11.6% |
Summary: Homes in Dallas had an average of 37 days on market in May 2024, down by 11.6% compared to last year.
Breakdown of Home Sale Times
125 Homes Were Sold
Under 30 Days
70 Homes Were Sold
In 30 - 90 Days
21 Homes Were Sold
Over 90 Days
Summary: During May 2024, 216 homes were sold in Dallas; 58% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.