Is Bell 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, Bell County was a Seller's Market.
Housing Prices in Bell County, TX
How much do homes in Bell County, TX cost?
Median Sold Price
$289,748
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Bell County was $289,748 in May 2024, up 1.7% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $238.9K | $207.4K | -13.2% |
2 Bedrooms | $183K | $166.2K | -9.2% |
3 Bedrooms | $250K | $255K | +2.0% |
4 Bedrooms | $329.9K | $321.2K | -2.6% |
5+ Bedrooms | $394.4K | $435K | +10.3% |
Summary: Bell County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.2%, 2 bedroom homes decreased by 9.2%, 3 bedroom homes increased by 2%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes increased by 10.3%.
Median Sold Price Compared To Nearby Counties
Bell County | $284.9K | $289.7K | +1.7% |
Coryell County | $256K | $252.5K | -1.4% |
Milam County | $237K | $225K | -5.1% |
Housing Supply in Bell County, TX
How many homes are available in Bell County, TX?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
525 | 593 | +13.0% |
Summary: The Bell County real estate market had 593 homes for sale in May 2024, a 13.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 4 | -20.0% |
2 Bedrooms | 18 | 16 | -11.1% |
3 Bedrooms | 214 | 231 | +7.9% |
4 Bedrooms | 244 | 277 | +13.5% |
5+ Bedrooms | 44 | 65 | +47.7% |
Summary: The Bell County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 13.5%, and 5+ bedroom homes increased by 47.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
67 | 71 | +6.0% |
Asking Price vs. Sold Price
32 Homes Were Sold
Under Asking
25 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 71 homes were sold or pending in Bell County in May 2024, up by 6.0% month-over-month. Of the 70 sold homes, 46% were sold under asking, 36% were sold at asking, and 19% were sold over asking.
Days on Market for Bell County, TX
How long does it take to sell a home in Bell County, TX?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
43 Days | 53 Days | +23.4% |
Summary: Homes in Bell County had an average of 53 days on market in May 2024, up by 23.4% compared to last year.
Breakdown of Home Sale Times
33 Homes Were Sold
Under 30 Days
26 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Summary: During May 2024, 71 homes were sold in Bell County; 46% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.