Is Austin County, 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, Austin County was a Seller's Market.
Housing Prices in Austin County, TX
How much do homes in Austin County, TX cost?
Median Sold Price
$356,750
$189/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Austin County was $356,750 in May 2024, down 0.9% from last year, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $230K | $512.5K | +122.8% |
2 Bedrooms | $230K | $281K | +22.2% |
3 Bedrooms | $335K | $333.5K | -0.4% |
4 Bedrooms | $450K | $436.4K | -3.0% |
5+ Bedrooms | $712K | $582.5K | -18.2% |
Summary: Austin County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 122.8%, 2 bedroom homes increased by 22.2%, 3 bedroom homes decreased by 0.4%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes decreased by 18.2%.
Median Sold Price Compared To Nearby Counties
Wharton County | $210K | $224.5K | +6.9% |
Washington County | $320K | $336.9K | +5.3% |
Colorado County | $265K | $269.5K | +1.7% |
Waller County | $322.6K | $325K | +0.7% |
Austin County | $359.9K | $356.7K | -0.9% |
Housing Supply in Austin County, TX
How many homes are available in Austin County, TX?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
179 | 199 | +11.2% |
Summary: The Austin County real estate market had 199 homes for sale in May 2024, a 11.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 2 | -33.3% |
2 Bedrooms | 22 | 29 | +31.8% |
3 Bedrooms | 78 | 88 | +12.8% |
4 Bedrooms | 62 | 67 | +8.1% |
5+ Bedrooms | 14 | 13 | -7.1% |
Summary: The Austin County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 31.8%, 3 bedroom homes increased by 12.8%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes decreased by 7.1%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
19 | 23 | +21.1% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 23 homes were sold or pending in Austin County in May 2024, up by 21.1% month-over-month. Of the 23 sold homes, 78% were sold under asking, 17% were sold at asking, and 4% were sold over asking.
Days on Market for Austin County, TX
How long does it take to sell a home in Austin County, TX?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
66 Days | 59 Days | -11.5% |
Summary: Homes in Austin County had an average of 59 days on market in May 2024, down by 11.5% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During May 2024, 23 homes were sold in Austin County; 52% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.