Is Walker 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, Walker County was a Seller's Market.
Key Takeaway
Walker County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Walker County, TX
How much do homes in Walker County, TX cost?
Median Sold Price
$275,000
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Walker County have sold for 0.6% less than they did a year ago.
Summary: The median home sold price in Walker County was $275,000 in May 2024, down 0.6% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $117.6K | $133K | +13.0% |
| 2 Bedrooms | $150K | $181K | +20.7% |
| 3 Bedrooms | $272.4K | $275K | +0.9% |
| 4 Bedrooms | $353K | $300K | -15.0% |
| 5+ Bedrooms | $565K | $466.5K | -17.4% |
Summary: Walker County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13%, 2 bedroom homes increased by 20.7%, 3 bedroom homes increased by 0.9%, 4 bedroom homes decreased by 15%, and 5+ bedroom homes decreased by 17.4%.
Median Sold Price Compared To Nearby Counties
| Trinity County | $205K | $216.2K | +5.5% |
| Walker County | $276.7K | $275K | -0.6% |
| Houston County | $217.4K | $215.4K | -0.9% |
| San Jacinto County | $275K | $245K | -10.9% |
| Madison County | $285.7K | $249.5K | -12.7% |
Housing Supply in Walker County, TX
How many homes are available in Walker County, TX?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 283 | 290 | +2.5% |
Summary: The Walker County real estate market had 290 homes for sale in May 2024, a 2.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 13 | 14 | +7.7% |
| 2 Bedrooms | 24 | 29 | +20.8% |
| 3 Bedrooms | 153 | 149 | -2.6% |
| 4 Bedrooms | 80 | 82 | +2.5% |
| 5+ Bedrooms | 13 | 16 | +23.1% |
Summary: The Walker County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 7.7%, 2 bedroom homes increased by 20.8%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes increased by 23.1%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 46 | 42 | -8.7% |
Asking Price vs. Sold Price
27 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Walker County, you may be able to get a good deal. 64.3% of homes here sold below asking price last month.
Summary: A total of 42 homes were sold or pending in Walker County in May 2024, down by 8.7% month-over-month. Of the 42 sold homes, 64% were sold under asking, 26% were sold at asking, and 10% were sold over asking.
Days on Market for Walker County, TX
How long does it take to sell a home in Walker County, TX?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 57 Days | 64 Days | +10.5% |
Summary: Homes in Walker County had an average of 64 days on market in May 2024, up by 10.5% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Walker County are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 42 homes were sold in Walker County; 60% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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