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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Austin County is a buyer's market

Buyer's
Market

Difference Since October 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

$360,000

$196/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$6,166(-1.7%)

Key Takeaway

Homes in Austin County have sold for 1.7% less than they did a year ago.

Summary: The median home sold price in Austin County was $360,000 in October 2024, down 1.7% from last year, and the median price per square foot was $196.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $250K$640K
+156.0%
2 $235K$303.7K
+29.2%
3 $347.5K$325K
-6.5%
4 $400.7K$462.5K
+15.4%
5+ $502K$685K
+36.5%

Summary: Austin County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 156%, 2 bedroom homes increased by 29.2%, 3 bedroom homes decreased by 6.5%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes increased by 36.5%.

Median Sold Price Compared To Nearby Counties

Wharton County
+8.6%
Colorado County
+5.3%
Waller County
+3.0%
Washington County
+3.0%
Austin County
-1.7%

Housing Supply in Austin County, TX

How many homes are available in Austin County, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
180206+14.4%

Summary: The Austin County real estate market had 206 homes for sale in October 2024, a 14.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 21
-50.0%
2 2024
+20.0%
3 90107
+18.9%
4 5761
+7.0%
5+ 1113
+18.2%

Summary: The Austin County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 18.9%, 4 bedroom homes increased by 7%, and 5+ bedroom homes increased by 18.2%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1814-22.2%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Austin County, you may be able to get a good deal. 78.6% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in Austin County in October 2024, down by 22.2% month-over-month. Of the 14 sold homes, 79% were sold under asking, 14% were sold at asking, and 7% 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

Oct 2023Oct 2024CHANGE
93 Days89 Days-4.0%

Summary: Homes in Austin County had an average of 89 days on market in Oct 2024, down by 4% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

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 October 2024, 14 homes were sold in Austin County; 21% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 43% 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 20 Days Ago

Newest Listings in Austin County, TX

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