The amazing thing about the 1948 election is not just Truman's upset victory, it's also that Democrats took back congress they've lost two years earlier. The only time in modern history a presidential party managed to reclaim the majority they had lost in the previous midterm.
What would have happened at the congressional level if Dewey narrowly won the presidency? Something like this:
✓ Governor Thomas E. Dewey (R-NY)/Governor Earl Warren (R-CA): 284 EV. (47.26%)President Harry S. Truman (D-MO)/Senator Alben W. Barkley (D-KY): 209 EV. (45.35%)Governor Strom Thurmond (Dixie-SC)/Governor Fielding Wright (Dixie-MS): 38 EV. (2.61%)