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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bell County is a buyer's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

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

+$4,755(+1.7%)

Key Takeaway

Homes in Bell County have sold for 1.7% more than they did a year ago.

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

# BEDSMay 2023May 2024CHANGE
1 $238.9K$207.4K
-13.2%
2 $183K$166.2K
-9.2%
3 $250K$255K
+2.0%
4 $329.9K$321.2K
-2.6%
5+ $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
+1.7%
Coryell County
-1.4%
Milam County
-5.1%

Housing Supply in Bell County, TX

How many homes are available in Bell County, TX?

Number of Homes For Sale

Apr 2024May 2024CHANGE
525593+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

# BEDSApr 2024May 2024CHANGE
1 54
-20.0%
2 1816
-11.1%
3 214231
+7.9%
4 244277
+13.5%
5+ 4465
+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 2024May 2024CHANGE
6771+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bell County, you may be able to get a good deal. 45.7% of homes here sold below asking price last month.

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 2023May 2024CHANGE
43 Days53 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

Breakdown of Home Sale Times

Key Takeaway

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

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.

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 Bell County, TX

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