$269,000
1.01 Acres
Land
Karam Khalil, Listing Office: Vision Commercial Real Estate
Is Austin County, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Austin County was a Seller's Market.
Key Takeaway
Austin County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Austin County, TX
How much do homes in Austin County, TX cost?
Median Sold Price
$325,000
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$9,056(+2.9%)
Key Takeaway
Homes in Austin County have sold for 2.9% more than they did a year ago.
Summary: The median home sold price in Austin County was $325,000 in November 2024, up 2.9% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $250K | $640K | +156.0% |
| 2 Bedrooms | $235K | $285K | +21.3% |
| 3 Bedrooms | $318.6K | $300K | -5.9% |
| 4 Bedrooms | $312.3K | $350.7K | +12.3% |
| 5+ Bedrooms | $502K | $650K | +29.5% |
Summary: Austin County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 156%, 2 bedroom homes increased by 21.3%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes increased by 12.3%, and 5+ bedroom homes increased by 29.5%.
Median Sold Price Compared To Nearby Counties
| Wharton County | $216.1K | $230K | +6.4% |
| Colorado County | $269K | $285K | +5.9% |
| Austin County | $315.9K | $325K | +2.9% |
| Washington County | $319.6K | $320K | 0.1% |
| Waller County | $325.6K | $325K | -0.2% |
Housing Supply in Austin County, TX
How many homes are available in Austin County, TX?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 187 | 206 | +10.2% |
Summary: The Austin County real estate market had 206 homes for sale in November 2024, a 10.2% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 21 | 23 | +9.5% |
| 3 Bedrooms | 98 | 109 | +11.2% |
| 4 Bedrooms | 55 | 58 | +5.5% |
| 5+ Bedrooms | 13 | 15 | +15.4% |
Summary: The Austin County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 9.5%, 3 bedroom homes increased by 11.2%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes increased by 15.4%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 15 | -11.8% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Austin County, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in Austin County in November 2024, down by 11.8% month-over-month. Of the 15 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 63 Days | 102 Days | +60.3% |
Summary: Homes in Austin County had an average of 102 days on market in Nov 2024, up by 60.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Austin County are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 15 homes were sold in Austin County; 27% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 47% of homes were sold over 90 days.
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