Is Dallas City, IL 62330 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Dallas City is a buyer’s market. With about 8.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply8.8Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list74.2%Sold price ÷ list price
Median days on market84Listing to accepted offer
Median price per sq ft$25▼ −64.0% vs. last year

The Dallas City housing market right now

In the three months ending August 31, 2026, 0% of homes in Dallas City, IL 62330 sold above their list price, the typical home went under contract in 84 days and there were 8.8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 4 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (288 days then) and the median sale price fell 74% to $31,986. Overall, Dallas City is more competitive than a year ago, so tougher for buyers.

Within Hancock County, homes here sell more slowly than in 83% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Nauvoo 62354 (50% sold over asking) is even more competitive.

Nearby markets

Augusta 62311Buyer’s market $48 /sq ftBowen 62316 — /sq ftCarthage 62321Buyer’s market $37 /sq ftHamilton 62341Seller’s market $70 /sq ft Browse all markets →

Where Dallas City is

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Questions about Dallas City real estate

Is Dallas City a buyer’s or seller’s market?

A buyer’s market: there were 8.8 months of supply in Dallas City, IL 62330 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 City?

The typical home went under contract in 84 days in the latest three months.

Do homes in Dallas City sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 74.2% of the list price.

What are property taxes in Dallas City?

About 1.81% of a home’s value a year in Hancock County, or roughly $7,240 on a $400,000 home.

What is the median home price in Dallas City?

The median sale price was $31,986 in the three months ending August 31, 2026, about $25 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