Is Burleson County, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Burleson County is a buyer's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Burleson County was a Seller's Market.

Key Takeaway

Burleson County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Burleson County, TX

How much do homes in Burleson County, TX cost?

Median Sold Price

$278,000

$181/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$37,000(-11.7%)

Key Takeaway

Homes in Burleson County have sold for 11.7% less than they did a year ago.

Summary: The median home sold price in Burleson County was $278,000 in May 2024, down 11.7% from last year, and the median price per square foot was $181.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $110K$154K
+40.0%
2 $296K$185K
-37.5%
3 $313.9K$290K
-7.6%
4 $343.5K$310K
-9.8%
5+ $7.4M-
N/A

Summary: Burleson County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 40%, 2 bedroom homes decreased by 37.5%, 3 bedroom homes decreased by 7.6%, 4 bedroom homes decreased by 9.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Lee County
+18.1%
Washington County
+5.3%
Brazos County
-2.4%
Milam County
-5.1%
Burleson County
-11.7%

Housing Supply in Burleson County, TX

How many homes are available in Burleson County, TX?

Number of Homes For Sale

Apr 2024May 2024CHANGE
4763+34.0%

Summary: The Burleson County real estate market had 63 homes for sale in May 2024, a 34.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 22
0.0%
2 1214
+16.7%
3 2129
+38.1%
4 1115
+36.4%
5+ 13
+200.0%

Summary: The Burleson County 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 increased by 16.7%, 3 bedroom homes increased by 38.1%, 4 bedroom homes increased by 36.4%, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Apr 2024May 2024CHANGE
56+20.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Burleson County, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Burleson County in May 2024, up by 20.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.

Days on Market for Burleson County, TX

How long does it take to sell a home in Burleson County, TX?

Average Sale Time

May 2023May 2024CHANGE
57 Days77 Days+35.4%

Summary: Homes in Burleson County had an average of 77 days on market in May 2024, up by 35.4% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Burleson County are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 6 homes were sold in Burleson County; 50% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Burleson County, TX

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