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Gastonia Times

Thursday, November 7, 2024

Dallas home prices rise in the second quarter of 2020

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The median sale price of a home sold in the second quarter of 2020 in Dallas rose by $45,500 while total sales increased by 9.1%, according to BlockShopper.com.

From April through June of 2020, there were 60 homes sold, with a median sale price of $186,500 - a 32.3% increase over the $141,000 median sale price for the same period of the previous year. There were 55 homes sold in Dallas in the second quarter of 2019.

The median sales tax in Dallas for the most recent year with available data, 2019, was $1,257, approximately 0.7% of the median home sale price for the second quarter of 2020.

The following table compares Dallas to other Gaston County cities with similar median sales prices in the second quarter of 2020:

CityApr. - June 2020 Home SalesApr. - June 2019 Home Sales% change (Total Home Sales)Apr. - June 2020 Median Sales PriceApr. - June 2019 Median Sales Price% change (Median Sales Price)
Cramerton29290%$230,000$220,0004.5%
Mount Holly6695-30.5%$225,000$197,50013.9%
Lowell1014-28.6%$210,750$194,0008.6%
Springdale36-50%$190,000$142,50033.3%
Vinton Woods63100%$188,500$152,00024%
Dallas60559.1%$186,500$141,00032.3%
Stanley3033-9.1%$183,500$179,0002.5%
Gastonia393416-5.5%$171,000$168,0001.8%
Kings Mountain111010%$170,000$137,50023.6%
Ranlo17170%$162,500$175,000-7.1%
Cherryville38380%$140,000$99,50040.7%

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