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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Dallas, PA Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Dallas, PA Housing Market Trends

With 2,689 people, 1,143 houses or apartments, and a median cost of homes of $227,788, 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 69.56% of the borough's housing units. Other types of housing that are prevalent in Dallas include duplexes, homes converted to apartments or other small apartment buildings ( 23.08%), row houses and other attached homes ( 3.93%), and a few large apartment complexes or high rise apartments ( 2.95%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Dallas. Owner-occupied housing accounts for 75.46% of Dallas's homes, and 69.07% have either three or four bedrooms, which is average sized relative to America.

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 47.95% of the borough's housing hails from this era. Other housing ages represented in Dallas include homes built between 1970-1999 ( 34.70%) and housing constructed before 1939 ( 11.87%). There's also some housing in Dallas built between 2000 and later ( 5.48%).

Dallas Home Appreciation Rates

Some of the lowest real estate appreciation rates in America over the last ten years have been in Dallas, where house values have increased just 28.93%, which is annualized rate of 2.57%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.

Over the last year, Dallas appreciation rates have trailed the rest of the nation. In the last twelve months, Dallas's appreciation rate has been 3.76%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Dallas were at 0.69%, which equates to an annual appreciation rate of 2.80%.

Relative to Pennsylvania, our data show that Dallas's latest annual appreciation rate is lower than 90% of the other cities and towns in Pennsylvania.

One very important thing to keep in mind is that these are average appreciation rates for the borough. Individual neighborhoods within Dallas differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Dallas - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Dallas real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$227,788

Dallas, PA Home Prices
> $1,138,000
$854,001 - $1,138,000
$569,001 - $854,000
$455,001 - $569,000
$341,001 - $455,000
$227,001 - $341,000
$114,001 - $227,000
$57,001 - $114,000
$0 - $57,000
0.0%
0.0%
1.5%
1.5%
5.0%
5.0%
4.1%
4.1%
6.5%
6.5%
29.7%
29.7%
42.6%
42.6%
7.4%
7.4%
3.2%
3.2%
0% 100.0%
% of Homes
Average

for Pennsylvania

Average

for nation

Number of Homes And Apartments:

1,143

Dallas Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,652 / per month

Homeownership Rate

Owners
Renters
75.5%
75.5%
24.5%
24.5%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
6.5%
6.5%
93.5%
93.5%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
5.5%
5.5%
34.7%
34.7%
48.0%
48.0%
11.9%
11.9%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
69.6%
69.6%
3.9%
3.9%
23.1%
23.1%
2.9%
2.9%
0.5%
0.5%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.4%
0.4%
6.7%
6.7%
20.2%
20.2%
51.7%
51.7%
17.3%
17.3%
3.6%
3.6%
0% 100.0%
% of Homes