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Tuesday, December 24, 2024

Dallas home prices rise in July 2020

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The median sale price of a home sold in July 2020 in Dallas rose by $72,500 while total sales decreased by 29.2%, according to BlockShopper.com.

In July 2020, there were 17 homes sold, with a median sale price of $205,000 - a 54.7% increase over the $132,500 median sale price for the same period of the previous year. There were 24 homes sold in Dallas in July 2019.

The median sales tax in Dallas for the most recent year with available data, 2019, was $1,257, approximately 0.6% of the median home sale price for July 2020.

The following table compares Dallas to other Gaston County cities with similar median sales prices in July 2020:

CityJuly 2020 Home SalesJuly 2019 Home Sales% change (Total Home Sales)July 2020 Median Sales PriceJuly 2019 Median Sales Price% change (Median Sales Price)
Cramerton910-10%$360,000$265,75035.5%
Belmont33330%$263,000$196,00034.2%
McAdenville20-$232,250$0-
Mount Holly422661.5%$209,000$225,000-7.1%
Dallas1724-29.2%$205,000$132,50054.7%
Ashebrook Park10-$204,000$0-
Kings Mountain440%$200,000$69,500187.8%
Ranlo10742.9%$196,000$191,5002.3%
West Cramerton110%$190,500$248,500-23.3%
Gastonia1801649.8%$181,500$153,50018.2%
Stanley171241.7%$160,000$169,250-5.5%

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