$348,678
18.94 Acres
Land
Michelle Ramirez, Listing Office: Cozy Homes
Is Colorado County, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$285,000
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$16,000(+5.9%)
Key Takeaway
Homes in Colorado County have sold for 5.9% more than they did a year ago.
Summary: The median home sold price in Colorado County was $285,000 in November 2024, up 5.9% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $174K | - | N/A |
| 2 Bedrooms | $185K | $185K | 0.0% |
| 3 Bedrooms | $270K | $300K | +11.1% |
| 4 Bedrooms | $420K | $367K | -12.6% |
| 5+ Bedrooms | $385K | $675K | +75.3% |
Summary: Colorado County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 11.1%, 4 bedroom homes decreased by 12.6%, and 5+ bedroom homes increased by 75.3%.
Median Sold Price Compared To Nearby Counties
| Wharton County | $216.1K | $230K | +6.4% |
| Colorado County | $269K | $285K | +5.9% |
| Austin County | $315.9K | $325K | +2.9% |
| Fayette County | $395K | $387.5K | -1.9% |
Housing Supply in Colorado County, TX
How many homes are available in Colorado County, TX?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 113 | 121 | +7.1% |
Summary: The Colorado County real estate market had 121 homes for sale in November 2024, a 7.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 5 | +25.0% |
| 2 Bedrooms | 17 | 19 | +11.8% |
| 3 Bedrooms | 53 | 54 | +1.9% |
| 4 Bedrooms | 32 | 33 | +3.1% |
| 5+ Bedrooms | 7 | 10 | +42.9% |
Summary: The Colorado County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 42.9%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 9 | +50.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Colorado County, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Colorado County in November 2024, up by 50.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 33% were sold at asking, and 11% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 118 Days | 99 Days | -16.0% |
Summary: Homes in Colorado County had an average of 99 days on market in Nov 2024, down by 16% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Colorado County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 9 homes were sold in Colorado County; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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