Is Belton, 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, Belton was a Seller's Market.
Housing Prices in Belton, TX
How much do homes in Belton, TX cost?
Median Sold Price
$395,000
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Belton was $395,000 in March 2024, up 16.3% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $218.7K | - | N/A |
2 Bedrooms | $310K | $218K | -29.7% |
3 Bedrooms | $300.5K | $315K | +4.8% |
4 Bedrooms | $390K | $429.9K | +10.3% |
5+ Bedrooms | $542K | $507.6K | -6.3% |
Summary: Belton housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 29.7%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes decreased by 6.3%.
Median Sold Price Compared To Nearby Cities
Northwest Bell | $340K | $415K | +22.1% |
Belton | $339.5K | $395K | +16.3% |
Temple | $290K | $290.2K | 0.1% |
South Bell | $553.8K | $537.5K | -3.0% |
Housing Supply in Belton, TX
How many homes are available in Belton, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
60 | 69 | +15.0% |
Summary: The Belton real estate market had 69 homes for sale in March 2024, a 15.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 20 | 23 | +15.0% |
4 Bedrooms | 30 | 36 | +20.0% |
5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The Belton housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 15%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 10 | +42.9% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Belton in March 2024, up by 42.9% month-over-month. Of the 10 sold homes, 50% were sold under asking, 30% were sold at asking, and 20% were sold over asking.
Days on Market for Belton, TX
How long does it take to sell a home in Belton, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
80 Days | 53 Days | -33.4% |
Summary: Homes in Belton had an average of 53 days on market in Mar 2024, down by 33.4% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 10 homes were sold in Belton; 60% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.