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Saturday, April 19, 2025

Dallas County home valuations rose in March compared to the same period in 2024

Webp realestate077

In March, the median sale price of a home in Dallas County rose by $8,360 from the same period in the previous year, while total sales increased by 3.7%, according to BlockShopper.com.

There were 1,900 homes sold in March, with a median sale price of $208,230 — a 4.2% increase over the $199,870 median sale price during the same period of the previous year. In comparison, 1,832 homes were sold in Dallas County in March 2024.

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

The U.S. housing market has surged in recent years, with its total value approaching $50 trillion in 2024—nearly five times its 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 March 2024 to March 2025.

March 2024April 2024May 2024June 2024July 2024August 2024September 2024October 2024November 2024December 2024January 2025February 2025March 2025$199,870$199,870$209,510$209,510$210,625$210,625$198,000$198,000$205,000$205,000$197,810$197,810$203,725$203,725$206,630$206,630$207,480$207,480$208,930$208,930$197,370$197,370$208,630$208,630$208,230$208,230

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