The housing market in Dallas, MI is flourishing, with a median value of $228,500 - well below the US median value of $338,100. In the past year there has been an appreciation of 8.98%, considerably higher than the national average of 8.27%. This indicates that Dallas is becoming an increasingly attractive area for potential home-buyers and investors alike, with rising property values and a lower initial cost to purchase in comparison to other areas of the country.
The median home cost in Dallas is $228,500. Home appreciation the last 10 years has been 96.0%. Home Appreciation in Dallas is up 12.2%.
Average Age of Homes
- The median age of Dallas real estate is 49 years old
The Rental Market in Dallas
- Renters make up 9.8% of the Dallas population
- 0.0% of houses and apartments in Dallas, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.