Is Colorado 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, Colorado County was a Neutral Market.
Housing Prices in Colorado County, TX
How much do homes in Colorado County, TX cost?
Median Sold Price
$265,000
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Colorado County was $265,000 in March 2024, the same as last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $229K | $259.5K | +13.3% |
2 Bedrooms | $222K | $185K | -16.7% |
3 Bedrooms | $269K | $270K | 0.4% |
4 Bedrooms | $329.5K | $370K | +12.3% |
5+ Bedrooms | $277K | $367.5K | +32.7% |
Summary: Colorado County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.3%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 0.4%, 4 bedroom homes increased by 12.3%, and 5+ bedroom homes increased by 32.7%.
Median Sold Price Compared To Nearby Counties
Austin County | $356.9K | $360.9K | +1.1% |
Wharton County | $218.5K | $219.9K | +0.6% |
Colorado County | $264.9K | $265K | 0.0% |
Fayette County | $386K | $361.5K | -6.3% |
Lavaca County | $279.2K | $249K | -10.8% |
Housing Supply in Colorado County, TX
How many homes are available in Colorado County, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
86 | 102 | +18.6% |
Summary: The Colorado County real estate market had 102 homes for sale in March 2024, a 18.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 4 | +100.0% |
2 Bedrooms | 20 | 26 | +30.0% |
3 Bedrooms | 37 | 45 | +21.6% |
4 Bedrooms | 21 | 21 | 0.0% |
5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Colorado County 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 increased by 30%, 3 bedroom homes increased by 21.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 14 | +100.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Colorado County in March 2024, up by 100.0% month-over-month. Of the 14 sold homes, 64% were sold under asking, 29% were sold at asking, and 7% were sold over asking.
Days on Market for Colorado County, TX
How long does it take to sell a home in Colorado County, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
100 Days | 53 Days | -46.6% |
Summary: Homes in Colorado County had an average of 53 days on market in Mar 2024, down by 46.6% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 14 homes were sold in Colorado County; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.