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 21 Days Ago

Newest Listings in Big Country, TX

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