Is Big Country, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Big Country is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Big Country was a Seller's Market.

Key Takeaway

Big Country 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 Big Country, TX

How much do homes in Big Country, TX cost?

Median Sold Price

$205,000

$144/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$20,450(-9.1%)

Key Takeaway

Homes in Big Country have sold for 9.1% less than they did a year ago.

Summary: The median home sold price in Big Country was $205,000 in October 2024, down 9.1% from last year, and the median price per square foot was $144.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $214.5K$180K
-16.1%
3 $225.9K$208.2K
-7.8%
4 $320.1K$218.4K
-31.7%
5+ --
N/A

Summary: Big Country housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 16.1%, 3 bedroom homes decreased by 7.8%, 4 bedroom homes decreased by 31.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Heritage Park
-2.1%
Big Country
-9.1%

Housing Supply in Big Country, TX

How many homes are available in Big Country, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2325+8.7%

Summary: The Big Country real estate market had 25 homes for sale in October 2024, a 8.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 33
0.0%
3 1719
+11.8%
4 33
0.0%
5+ 00
0.0%

Summary: The Big Country housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 11.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Big Country, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Big Country in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Big Country, TX

How long does it take to sell a home in Big Country, TX?

Average Sale Time

Oct 2023Oct 2024CHANGE
54 Days52 Days-3.7%

Summary: Homes in Big Country had an average of 52 days on market in Oct 2024, down by 3.7% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Big Country has remained consistent over time.

Summary: During October 2024, 4 homes were sold in Big Country; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 4 Days Ago

Newest Listings in Big Country, TX

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