Is Walker County, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Walker County is a buyer's market

Buyer's
Market

Difference Since February 2023

At the same time last year, Walker County was a Seller's Market.

Key Takeaway

Walker County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Walker County, TX

How much do homes in Walker County, TX cost?

Median Sold Price

$273,199

$156/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

-$11,800(-4.1%)

Key Takeaway

Homes in Walker County have sold for 4.1% less than they did a year ago.

Summary: The median home sold price in Walker County was $273,199 in February 2024, down 4.1% from last year, and the median price per square foot was $156.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $198K$105K
-47.0%
2 $171.5K$170K
-0.9%
3 $280K$274.9K
-1.8%
4 $351K$320K
-8.8%
5+ $728.5K$515.5K
-29.2%

Summary: Walker County housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 47%, 2 bedroom homes decreased by 0.9%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes decreased by 8.8%, and 5+ bedroom homes decreased by 29.2%.

Median Sold Price Compared To Nearby Counties

San Jacinto County
-3.3%
Walker County
-4.1%
Madison County
-8.6%
Trinity County
-12.7%
Houston County
-13.7%

Housing Supply in Walker County, TX

How many homes are available in Walker County, TX?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
235272+15.7%

Summary: The Walker County real estate market had 272 homes for sale in February 2024, a 15.7% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 58
+60.0%
2 2329
+26.1%
3 123144
+17.1%
4 7380
+9.6%
5+ 1111
0.0%

Summary: The Walker County housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 60%, 2 bedroom homes increased by 26.1%, 3 bedroom homes increased by 17.1%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
2136+71.4%

Asking Price vs. Sold Price

29 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Walker County, you may be able to get a good deal. 80.6% of homes here sold below asking price last month.

Summary: A total of 36 homes were sold or pending in Walker County in February 2024, up by 71.4% month-over-month. Of the 36 sold homes, 81% were sold under asking, 11% were sold at asking, and 8% were sold over asking.

Days on Market for Walker County, TX

How long does it take to sell a home in Walker County, TX?

Average Sale Time

Feb 2023Feb 2024CHANGE
68 Days74 Days+7.7%

Summary: Homes in Walker County had an average of 74 days on market in Feb 2024, up by 7.7% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

15 Homes Were Sold
In 30 - 90 Days

10 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Walker County has remained consistent over time.

Summary: During February 2024, 36 homes were sold in Walker County; 31% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 28% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 28 Days Ago

Newest Listings in Walker County, TX

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