Is Austin 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, Austin County was a Seller's Market.
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
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
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $230K | $385K | +67.4% |
2 Bedrooms | $230K | $248K | +7.8% |
3 Bedrooms | $340K | $337.5K | -0.7% |
4 Bedrooms | $480K | $445K | -7.3% |
5+ Bedrooms | $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 | $318.5K | $323.5K | +1.6% |
Austin County | $356.9K | $360.9K | +1.1% |
Wharton County | $218.5K | $219.9K | +0.6% |
Colorado County | $264.9K | $265K | 0.0% |
Waller County | $328.3K | $317K | -3.5% |
Housing Supply in Austin County, TX
How many homes are available in Austin County, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
165 | 172 | +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
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 23 | 22 | -4.3% |
3 Bedrooms | 75 | 82 | +9.3% |
4 Bedrooms | 48 | 49 | +2.1% |
5+ Bedrooms | 16 | 16 | 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 2024 | Mar 2024 | CHANGE |
---|---|---|
18 | 21 | +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
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 2023 | Mar 2024 | CHANGE |
---|---|---|
91 Days | 127 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
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.