Is El Campo, 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, El Campo was a Seller's Market.
Housing Prices in El Campo, TX
How much do homes in El Campo, TX cost?
Median Sold Price
$200,000
$130/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in El Campo was $200,000 in March 2024, down 4.8% from last year, and the median price per square foot was $130.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $80K | $165K | +106.3% |
2 Bedrooms | $102.7K | $131K | +27.5% |
3 Bedrooms | $214K | $200K | -6.5% |
4 Bedrooms | $260K | $297K | +14.2% |
5+ Bedrooms | $260K | $255K | -1.9% |
Summary: El Campo housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 106.3%, 2 bedroom homes increased by 27.5%, 3 bedroom homes decreased by 6.5%, 4 bedroom homes increased by 14.2%, and 5+ bedroom homes decreased by 1.9%.
Housing Supply in El Campo, TX
How many homes are available in El Campo, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
59 | 60 | +1.7% |
Summary: The El Campo real estate market had 60 homes for sale in March 2024, a 1.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 1 | -66.7% |
2 Bedrooms | 10 | 9 | -10.0% |
3 Bedrooms | 31 | 31 | 0.0% |
4 Bedrooms | 13 | 16 | +23.1% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The El Campo housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes decreased by 10%, 3 bedroom homes remained the same, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
12 | 9 | -25.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in El Campo in March 2024, down by 25.0% month-over-month. Of the 9 sold homes, 78% were sold under asking, 22% were sold at asking, and 0% were sold over asking.
Days on Market for El Campo, TX
How long does it take to sell a home in El Campo, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
82 Days | 100 Days | +22.1% |
Summary: Homes in El Campo had an average of 100 days on market in Mar 2024, up by 22.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 9 homes were sold in El Campo; 33% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 44% of homes were sold over 90 days.