Is Dallas, PA 18612 a buyer’s or seller’s market?
Dallas is a seller’s market. With about 1.3 months of supply and 47% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 94% of U.S. ZIP codes, and #106 of 601 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Dallas housing market right now
In the three months ending August 31, 2026, 47% of homes in Dallas, PA 18612 sold above their list price, the typical home went under contract in 8 days and there were 1.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 59 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 25%, homes sold about as fast and the median sale price fell 15% to $299,870. Overall, Dallas is more competitive than a year ago, so tougher for buyers.
Within Luzerne County, homes here sell faster than in 94% of the county’s ZIP codes, and sell more often over asking than in 87%. On our competition score, Dallas ranks #106 of 601 PA ZIP codes with enough sales (score 89 out of 100).
Nearby, buyers who want less competition could look at Bear Creek 18602 (0% sold over asking) or Weston 18256 (0% sold over asking), while Shickshinny 18655 (75% sold over asking) and Pittston 18641 (55% sold over asking) are even more competitive.
Run the numbers for 18612
Nearby markets
Bear Creek 18602Buyer’s market $251 /sq ftConyngham 18219 — /sq ftDrifton 18221 $108 /sq ftDrums 18222Seller’s market $170 /sq ft Browse all markets →Towns like Dallas nearby
Find towns like Dallas in other states →Where Dallas is
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Questions about Dallas real estate
Is Dallas a buyer’s or seller’s market?
A seller’s market: there were 1.3 months of supply in Dallas, PA 18612 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Dallas?
The typical home went under contract in 8 days in the latest three months.
Do homes in Dallas sell over asking?
47% of homes sold above their original list price, and the typical sale closed at 100.7% of the list price.
What are property taxes in Dallas?
About 1.45% of a home’s value a year in Luzerne County, or roughly $5,800 on a $400,000 home.
What is the median home price in Dallas?
The median sale price was $299,870 in the three months ending August 31, 2026, about $178 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology