Is Colorado 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, Colorado County was a Seller's Market.
Key Takeaway
Colorado County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Colorado County, TX
How much do homes in Colorado County, TX cost?
Median Sold Price
$269,500
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Colorado County have sold for 1.7% more than they did a year ago.
Summary: The median home sold price in Colorado County was $269,500 in May 2024, up 1.7% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $190K | - | N/A |
| 2 Bedrooms | $207.5K | $181K | -12.8% |
| 3 Bedrooms | $270K | $285K | +5.6% |
| 4 Bedrooms | $277K | $385K | +39.0% |
| 5+ Bedrooms | $385K | $322.5K | -16.2% |
Summary: Colorado County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 12.8%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 39%, and 5+ bedroom homes decreased by 16.2%.
Median Sold Price Compared To Nearby Counties
| Wharton County | $210K | $224.5K | +6.9% |
| Lavaca County | $264.4K | $269.9K | +2.1% |
| Colorado County | $265K | $269.5K | +1.7% |
| Fayette County | $385K | $390K | +1.3% |
| Austin County | $359.9K | $356.7K | -0.9% |
Housing Supply in Colorado County, TX
How many homes are available in Colorado County, TX?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 89 | 104 | +16.9% |
Summary: The Colorado County real estate market had 104 homes for sale in May 2024, a 16.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 23 | 29 | +26.1% |
| 3 Bedrooms | 40 | 47 | +17.5% |
| 4 Bedrooms | 19 | 20 | +5.3% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Colorado County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 26.1%, 3 bedroom homes increased by 17.5%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 7 | 7 | 0.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Colorado County, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Colorado County in May 2024, the same as the previous month. Of the 7 sold homes, 86% were sold under asking, 0% were sold at asking, and 14% were sold over asking.
Days on Market for Colorado County, TX
How long does it take to sell a home in Colorado County, TX?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 92 Days | 26 Days | -71.3% |
Summary: Homes in Colorado County had an average of 26 days on market in May 2024, down by 71.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Colorado County are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 7 homes were sold in Colorado County; 57% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price. 
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