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Featured local agent — Dallas, NC
Sarah Mitchell
Compass Real Estate · Dallas, NC
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Dallas, NC Housing Market & Real Estate
Housing market overview · Updated monthly ·
$231,750median sale price
How is the Dallas, NC housing market right now?
The median home sale price in Dallas, NC is $231,750, down 26.7% year-over-year. Homes sell in an average of 66 days with 17 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Dallas a buyer's or seller's market?
Dallas, NC is currently a buyer's market, based on 8.5 months of supply and homes selling in about 66 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
66
Average pace
Active listings
17
8.5 months supply
Sale-to-list
96.7%
Below asking
What does the Dallas housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $231,750 |
| Median list price | $325,000 |
| Year-over-year price change | -26.7% |
| Average days on market | 66 days |
| Active inventory | 17 listings |
| Months of supply | 8.5 months |
| Sale-to-list price ratio | 96.7% |
| Median price per sq ft | $191/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 4 |
| Listings with a price cut | 17.6% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Dallas by property type?
How the Dallas, NC market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $231,750 | $191/sq ft | 2 | 66 days |
| Townhouse | $187,000 | $164/sq ft | 1 | 89 days |
Source: Redfin · Updated monthly
The Dallas housing market is currently classified as a buyer's market with a median sale price of $231,750. Prices have fallen 26.7% compared to last year, with homes spending an average of 66 days on market, indicating 8.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 4.8x provides context for how home values compare to local earning capacity.
Homes for sale in Dallas
There are currently 17 homes listed for sale in Dallas, North Carolina. The median listing price is $325K.
Active listings
17
Homes on market
Median list price
$325K
Avg. days on market
66
Days until sale
New this week
4
Newly listed
Who lives in Dallas?
Population
6,012
Median income
$57,755/yr
Median age
38.8 years
Owner-occupied
60.1%
College grads
21.6%
Avg commute
25.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Dallas?
Zillow home value
$278,658
Zillow rent index
$1,705/mo
Price-to-rent ratio
13.6x
Price-to-income
4.8x
Source: Zillow Research
What is it like to live in Dallas?
Dallas is a community of approximately 6K residents with a median age of 38.8 years.The median household income is $57,755, which represents a working-class community with solid middle-income opportunities. 21.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 60.1%, showing a blend of owner and renter-occupied properties. The average commute time is 25.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Dallas offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Dallas?
6 schools tracked · 3,154 students
The largest public schools serving Dallas, NC by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
North Gaston High
Grades 9-12 · 1,083 students
Carr Elementary
Grades PK-5 · 617 students
W C Friday Middle School
Grades 6-8 · 612 students
Costner Elementary
Grades PK-5 · 453 students
Gaston Early College High School
Grade range n/a · 234 students
Gaston Early College of Medical Sciences
Grades 9-12 · 155 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Dallas, NC?
Want a head-to-head view? Compare Dallas side-by-side with any other U.S. city using our market-comparison tool.
Is Dallas a good real estate investment market?
For investors evaluating Dallas, the price-to-rent ratio of 13.6x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has softened 26.7% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Dallas's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Dallas's median home price.
Frequently asked questions
What is the average home price in Dallas?
The median home sale price in Dallas is $231,750, down 26.7% from last year.
How long do homes stay on market in Dallas?
Homes typically spend 66 days on market before going under contract.
What is the median income in Dallas?
The median household income is $57,755 per year.
Is Dallas a buyer's or seller's market?
With 8.5 months of supply, Dallas is currently a buyer's market.
What is the Zillow home value estimate for Dallas?
The Zillow Home Value Index (ZHVI) for Dallas is $278,658, representing the typical home value in the area.
How much does a single-family home cost in Dallas?
The median single-family home price in Dallas, NC is $231,750 (about $191 per square foot).
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