Is The Dominion, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, The Dominion was a Seller's Market.
Housing Prices in The Dominion, TX
How much do homes in The Dominion, TX cost?
Median Sold Price
$1,085,000
$268/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in The Dominion was $1,085,000 in May 2024, up 11.3% from last year, and the median price per square foot was $268.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $595K | $607.5K | +2.1% |
3 Bedrooms | $737.5K | $839K | +13.8% |
4 Bedrooms | $1.1M | $1.0M | -6.7% |
5+ Bedrooms | $1.3M | $1.2M | -0.8% |
Summary: The Dominion housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.1%, 3 bedroom homes increased by 13.8%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes decreased by 0.8%.
Housing Supply in The Dominion, TX
How many homes are available in The Dominion, TX?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
58 | 62 | +6.9% |
Summary: The The Dominion real estate market had 62 homes for sale in May 2024, a 6.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 1 | -50.0% |
3 Bedrooms | 13 | 13 | 0.0% |
4 Bedrooms | 26 | 30 | +15.4% |
5+ Bedrooms | 17 | 18 | +5.9% |
Summary: The The Dominion housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes increased by 5.9%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
9 | 8 | -11.1% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in The Dominion in May 2024, down by 11.1% month-over-month. Of the 8 sold homes, 88% were sold under asking, 13% were sold at asking, and 0% were sold over asking.
Days on Market for The Dominion, TX
How long does it take to sell a home in The Dominion, TX?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
57 Days | 37 Days | -35.4% |
Summary: Homes in The Dominion had an average of 37 days on market in May 2024, down by 35.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 8 homes were sold in The Dominion; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.