Is El Campo, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing El Campo is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, El Campo was a Seller's Market.

Key Takeaway

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

Housing Prices in El Campo, TX

How much do homes in El Campo, TX cost?

Median Sold Price

$195,850

$133/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$9,150(-4.5%)

Key Takeaway

Homes in El Campo have sold for 4.5% less than they did a year ago.

Summary: The median home sold price in El Campo was $195,850 in November 2024, down 4.5% from last year, and the median price per square foot was $133.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $165K$110K
-33.3%
2 $132K$150.5K
+14.0%
3 $195K$227.5K
+16.7%
4 $256K$300K
+17.2%
5+ $255K$285K
+11.8%

Summary: El Campo housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 14%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 17.2%, and 5+ bedroom homes increased by 11.8%.

Housing Supply in El Campo, TX

How many homes are available in El Campo, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6269+11.3%

Summary: The El Campo real estate market had 69 homes for sale in November 2024, a 11.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 1216
+33.3%
3 3842
+10.5%
4 910
+11.1%
5+ 21
-50.0%

Summary: The El Campo housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
118-27.3%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in El Campo, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in El Campo in November 2024, down by 27.3% month-over-month. Of the 8 sold homes, 88% were sold under asking, 13% were sold at asking, and 0% were sold over asking.

Days on Market for El Campo, TX

How long does it take to sell a home in El Campo, TX?

Average Sale Time

Nov 2023Nov 2024CHANGE
90 Days35 Days-61.2%

Summary: Homes in El Campo had an average of 35 days on market in Nov 2024, down by 61.2% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 8 homes were sold in El Campo; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% 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 17 Days Ago

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