$653 Closing Credit*
$55,000
1,243 SqFt
2 Beds
•1 Full Bath
Michelle Guzman, Listing Office: Vortex Realty
Is Karnes County, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Karnes County was a Buyer's Market.
Key Takeaway
Karnes County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Karnes County, TX
How much do homes in Karnes County, TX cost?
Median Sold Price
$223,500
$133/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$43,500(+24.2%)
Key Takeaway
Homes in Karnes County have sold for 24.2% more than they did a year ago.
Summary: The median home sold price in Karnes County was $223,500 in October 2024, up 24.2% from last year, and the median price per square foot was $133.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $52K | - | N/A |
| 2 Bedrooms | $140K | $145K | +3.6% |
| 3 Bedrooms | $212K | $245K | +15.6% |
| 4 Bedrooms | $390K | $225K | -42.3% |
| 5+ Bedrooms | - | $2.9M | N/A |
Summary: Karnes 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 3.6%, 3 bedroom homes increased by 15.6%, 4 bedroom homes decreased by 42.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
| Karnes County | $180K | $223.5K | +24.2% |
| Wilson County | $465K | $434.9K | -6.5% |
Housing Supply in Karnes County, TX
How many homes are available in Karnes County, TX?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 26 | 27 | +3.8% |
Summary: The Karnes County real estate market had 27 homes for sale in October 2024, a 3.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 18 | 17 | -5.6% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Karnes County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 5.6%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 5 | +400.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Karnes County, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Karnes County in October 2024, up by 400.0% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Karnes County, TX
How long does it take to sell a home in Karnes County, TX?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 52 Days | 65 Days | +23.8% |
Summary: Homes in Karnes County had an average of 65 days on market in Oct 2024, up by 23.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Karnes County has remained consistent over time.
Summary: During October 2024, 5 homes were sold in Karnes County; 0% of homes were sold within 30 days, 80% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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