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 seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Big Country has remained a Seller's Market.

Key Takeaway

Big Country is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Big Country, TX

How much do homes in Big Country, TX cost?

Median Sold Price

$193,249

$119/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$1,751(-0.9%)

Key Takeaway

Homes in Big Country have sold for 0.9% less than they did a month ago.

Summary: The median home sold price in Big Country was $193,249 in November 2024, down 0.9% from last month, and the median price per square foot was $119.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $195K-
N/A
3 $174.9K$176.4K
+0.9%
4 $198.9K$209.9K
+5.5%
5+ --
N/A

Summary: Big Country housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 0.9%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes did not change.

Housing Supply in Big Country, TX

How many homes are available in Big Country, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2422-8.3%

Summary: The Big Country real estate market had 22 homes for sale in November 2024, a 8.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 1818
0.0%
4 32
-33.3%
5+ 00
0.0%

Summary: The Big Country housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
56+20.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was 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. 50% of homes here sold near the asking price last month.

Summary: A total of 6 homes were sold or pending in Big Country in November 2024, up by 20.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 50% were sold at asking, and 17% 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 2024Nov 2024CHANGE
47 Days63 Days+35.1%

Summary: Homes in Big Country had an average of 63 days on market in Nov 2024, up by 35.1% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 November 2024, 6 homes were sold in Big Country; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% 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 21 Days Ago

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