Dallas City Wire

In November, the median sale price of a home in Dallas County rose by $5,225 from the same period in the previous year, while total sales increased by 2.2%, according to BlockShopper.com.

There were 1,592 homes sold in November, with a median sale price of $207,480 — a 2.6% increase over the $202,255 median sale price during the same period of the previous year. In comparison, 1,558 homes were sold in Dallas County in November 2023.

Based on the latest available data from 2020, the median sales tax in Dallas County was $5,114, which stands at 2.5% of November's median home sale price.

The U.S. housing market has soared in recent years, with its total value nearing $50 trillion in 2024. This is almost five times greater than the market's value in 2000.

“The value of America’s housing market will likely cross the $50 trillion threshold in the next 12 months as there are not enough homes being listed to push prices down,” said Redfin Economics Research Lead Chen Zhao.

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