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Thursday, November 21, 2024

Dallas County experienced increase in median home valuation prices in May 2024 compared to May 2023

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In May, the median sale price of a home in Dallas County rose by $8,345 from the same period in the previous year, while total sales decreased by 2.4%, according to BlockShopper.com.

Data shows that there were 2,032 homes sold in May, with a median sale price of $210,625 - a 4.1% increase over the $202,280 median sale price for the same period of the previous year. There were 2,081 homes sold in Dallas County in May 2023.

For context, the median sales tax in Dallas County, based on the latest available data from 2020, was $5,114, which stands at 2.4% of May's median home sale price.

The following histogram displays changes in median sales prices in Dallas County from May 2023 to May 2024.

May 2023June 2023July 2023August 2023September 2023October 2023November 2023December 2023January 2024February 2024March 2024April 2024May 2024$202,280$202,280$207,270$207,270$206,110$206,110$198,600$198,600$198,660$198,660$197,920$197,920$202,255$202,255$198,720$198,720$198,370$198,370$210,305$210,305$199,870$199,870$209,510$209,510$210,625$210,625

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