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Thursday, November 7, 2024

Dallas County home valuations prices fell in the second half of 2022

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The median sale price of a home sold in the second half of 2022 in Dallas County fell by $8,420 while total sales decreased by 22.6%.

From July through December of 2022, there were 11,227 homes sold, with a median sale price of $197,850 - a 4.1% decrease from the $206,270 median sale price for the same period of the previous year. There were 14,499 homes sold in Dallas County in the second half of 2021.

The median sales tax in Dallas County for the most recent year with available data, 2020, was $5,114 approximately 2.6% of the median home sale price for the second half of 2022.

The following histogram displays changes in median sales prices in Dallas County from July 2021 to December 2022.

July - Dec. 2021Jan. - June 2022July - Dec. 2022$206270$206270$203690$203690$197850$197850

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