Is Bell County, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, Bell County was a Seller's Market.
Housing Prices in Bell County, TX
How much do homes in Bell County, TX cost?
Median Sold Price
$285,048
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Bell County was $285,048 in February 2024, up 1.8% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $286.5K | $224.9K | -21.5% |
2 Bedrooms | $170K | $181.2K | +6.6% |
3 Bedrooms | $242K | $250.8K | +3.6% |
4 Bedrooms | $323.6K | $330K | +1.9% |
5+ Bedrooms | $379.9K | $464.9K | +22.4% |
Summary: Bell County housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 21.5%, 2 bedroom homes increased by 6.6%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes increased by 22.4%.
Median Sold Price Compared To Nearby Counties
Coryell County | $240K | $257.5K | +7.3% |
Bell County | $280K | $285K | +1.8% |
Milam County | $242.5K | $220.7K | -9.0% |
Housing Supply in Bell County, TX
How many homes are available in Bell County, TX?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
409 | 466 | +13.9% |
Summary: The Bell County real estate market had 466 homes for sale in February 2024, a 13.9% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 4 | +33.3% |
2 Bedrooms | 16 | 23 | +43.8% |
3 Bedrooms | 154 | 180 | +16.9% |
4 Bedrooms | 195 | 219 | +12.3% |
5+ Bedrooms | 41 | 40 | -2.4% |
Summary: The Bell County housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 43.8%, 3 bedroom homes increased by 16.9%, 4 bedroom homes increased by 12.3%, and 5+ bedroom homes decreased by 2.4%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
53 | 57 | +7.5% |
Asking Price vs. Sold Price
34 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 57 homes were sold or pending in Bell County in February 2024, up by 7.5% month-over-month. Of the 56 sold homes, 61% were sold under asking, 25% were sold at asking, and 14% were sold over asking.
Days on Market for Bell County, TX
How long does it take to sell a home in Bell County, TX?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
50 Days | 70 Days | +38.7% |
Summary: Homes in Bell County had an average of 70 days on market in Feb 2024, up by 38.7% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
22 Homes Were Sold
In 30 - 90 Days
17 Homes Were Sold
Over 90 Days
Summary: During February 2024, 57 homes were sold in Bell County; 32% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.