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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Colorado County is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Colorado County was a Seller's Market.

Key Takeaway

Colorado County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Colorado County, TX

How much do homes in Colorado County, TX cost?

Median Sold Price

$279,000

$162/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$14,000(+5.3%)

Key Takeaway

Homes in Colorado County have sold for 5.3% more than they did a year ago.

Summary: The median home sold price in Colorado County was $279,000 in October 2024, up 5.3% from last year, and the median price per square foot was $162.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $174K-
N/A
2 $183.5K$197.5K
+7.6%
3 $274K$295K
+7.7%
4 $450K$391.5K
-13.0%
5+ $340K$4.0M
+1091.2%

Summary: Colorado County 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 increased by 7.6%, 3 bedroom homes increased by 7.7%, 4 bedroom homes decreased by 13%, and 5+ bedroom homes increased by 1091.2%.

Median Sold Price Compared To Nearby Counties

Lavaca County
+24.4%
Wharton County
+8.6%
Colorado County
+5.3%
Fayette County
+3.9%
Austin County
-1.7%

Housing Supply in Colorado County, TX

How many homes are available in Colorado County, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
111113+1.8%

Summary: The Colorado County real estate market had 113 homes for sale in October 2024, a 1.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 55
0.0%
2 1517
+13.3%
3 5051
+2.0%
4 3433
-2.9%
5+ 77
0.0%

Summary: The Colorado County 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 increased by 13.3%, 3 bedroom homes increased by 2%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
126-50.0%

Asking Price vs. Sold Price

3 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 Colorado County, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Colorado County in October 2024, down by 50.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.

Days on Market for Colorado County, TX

How long does it take to sell a home in Colorado County, TX?

Average Sale Time

Oct 2023Oct 2024CHANGE
48 Days65 Days+35.5%

Summary: Homes in Colorado County had an average of 65 days on market in Oct 2024, up by 35.5% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Colorado County are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 6 homes were sold in Colorado County; 67% of homes were sold within 30 days, 17% 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 20 Days Ago

Newest Listings in Colorado County, TX

Nearby Markets to Colorado County, TX

What housing markets are near Colorado County, TX?