Dallas appreciation rates and housing market information

Dallas housing market information

With a population of 3,414, 1,411 total housing units (homes and apartments), and a median house value of $102,908, house prices in Dallas are solidly below the national average.

single-family detached homes are the single most common housing type in Dallas, accounting for 75.69% of the town's housing units. Other types of housing that are prevalent in Dallas include duplexes, homes converted to apartments, or other small apartment buildings (10.35%), large apartment complexes or high rise apartments (9.85%), mobile homes or trailers (2.98%), and a few row houses and other attached homes (1.13%).

People in Dallas primarily live in small (one, two, or no bedroom) single-family detached homes. Dallas has a mixture of owner-occupied and renter-occupied housing.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Dallas's housing was primarily built during this period, from the '40s through the '60s. A full 58.82% of the town's housing hails from this era. Other housing ages represented in Dallas include homes built between 1970-1994 (22.82%), and housing constructed from 1995 and later (10.28%). There's also some housing in Dallas built between 1939 and earlier (8.08%).

Dallas home appreciation rates

Dallas's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Dallas during the period has been just 6.07%, which is lower than % of US communities.

NeighborhoodScout's data show that during the latest twelve months, Dallas home appreciation rates, at 1.64%, have been at or slightly above the national average. In the latest quarter, Dallas's appreciation rate has been -0.22%, which annualizes to a rate of -0.88%.

Relative to North Carolina, our data show that Dallas's latest annual appreciation rate is higher than 35% of the other cities and towns in North Carolina.