Is Anderson County, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Anderson County was a Seller's Market.
Key Takeaway
Anderson County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Anderson County, TX
How much do homes in Anderson County, TX cost?
Median Sold Price
$278,000
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
The sold price of homes in Anderson County has remained the same since last year.
Summary: The median home sold price in Anderson County was $278,000 in March 2024, down 0.3% from last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $67K | $320.5K | +378.4% |
| 2 Bedrooms | $155K | $245K | +58.1% |
| 3 Bedrooms | $271.2K | $267.5K | -1.4% |
| 4 Bedrooms | $402K | $520K | +29.4% |
| 5+ Bedrooms | $467.7K | $1.6M | +246.9% |
Summary: Anderson County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 378.4%, 2 bedroom homes increased by 58.1%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes increased by 29.4%, and 5+ bedroom homes increased by 246.9%.
Median Sold Price Compared To Nearby Counties
| Freestone County | $194K | $215K | +10.8% |
| Anderson County | $278.7K | $278K | -0.3% |
| Houston County | $225K | $210.4K | -6.4% |
Housing Supply in Anderson County, TX
How many homes are available in Anderson County, TX?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 77 | 86 | +11.7% |
Summary: The Anderson County real estate market had 86 homes for sale in March 2024, a 11.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 9 | 10 | +11.1% |
| 3 Bedrooms | 40 | 45 | +12.5% |
| 4 Bedrooms | 19 | 22 | +15.8% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Anderson County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 15.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 9 | +50.0% |
Asking Price vs. Sold Price
3 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 Anderson County, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Anderson County in March 2024, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Anderson County, TX
How long does it take to sell a home in Anderson County, TX?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 37 Days | 116 Days | +209.2% |
Summary: Homes in Anderson County had an average of 116 days on market in Mar 2024, up by 209.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Anderson County are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 9 homes were sold in Anderson County; 11% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 78% of homes were sold over 90 days.
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