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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Austin County is a buyer's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Austin County, TX

How much do homes in Austin County, TX cost?

Median Sold Price

$360,916

$189/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$3,979(+1.1%)

Key Takeaway

Homes in Austin County have sold for 1.1% more than they did a year ago.

Summary: The median home sold price in Austin County was $360,916 in March 2024, up 1.1% from last year, and the median price per square foot was $189.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $230K$385K
+67.4%
2 $230K$248K
+7.8%
3 $340K$337.5K
-0.7%
4 $480K$445K
-7.3%
5+ $637.5K$712K
+11.7%

Summary: Austin County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 67.4%, 2 bedroom homes increased by 7.8%, 3 bedroom homes decreased by 0.7%, 4 bedroom homes decreased by 7.3%, and 5+ bedroom homes increased by 11.7%.

Median Sold Price Compared To Nearby Counties

Washington County
+1.6%
Austin County
+1.1%
Wharton County
+0.6%
Colorado County
0.0%
Waller County
-3.5%

Housing Supply in Austin County, TX

How many homes are available in Austin County, TX?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
165172+4.2%

Summary: The Austin County real estate market had 172 homes for sale in March 2024, a 4.2% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 33
0.0%
2 2322
-4.3%
3 7582
+9.3%
4 4849
+2.1%
5+ 1616
0.0%

Summary: The Austin 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 decreased by 4.3%, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1821+16.7%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Austin County, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in Austin County in March 2024, up by 16.7% month-over-month. Of the 21 sold homes, 67% were sold under asking, 29% were sold at asking, and 5% were sold over asking.

Days on Market for Austin County, TX

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

Average Sale Time

Mar 2023Mar 2024CHANGE
91 Days127 Days+39.3%

Summary: Homes in Austin County had an average of 127 days on market in Mar 2024, up by 39.3% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

11 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Austin County are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 21 homes were sold in Austin County; 24% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 52% 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 18 Days Ago

Newest Listings in Austin County, TX

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