Is Copperas Cove, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Copperas Cove was a Seller's Market.
Housing Prices in Copperas Cove, TX
How much do homes in Copperas Cove, TX cost?
Median Sold Price
$251,250
$143/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Copperas Cove was $251,250 in April 2024, up 11.7% from last year, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $188.3K | N/A |
2 Bedrooms | $90K | $126.8K | +40.9% |
3 Bedrooms | $179.9K | $215K | +19.5% |
4 Bedrooms | $254.5K | $279K | +9.6% |
5+ Bedrooms | $302.4K | $339K | +12.1% |
Summary: Copperas Cove housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 40.9%, 3 bedroom homes increased by 19.5%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes increased by 12.1%.
Median Sold Price Compared To Nearby Cities
Copperas Cove | $225K | $251.2K | +11.7% |
Killeen | $228.7K | $235K | +2.8% |
Southwest Bell | $304.9K | $300K | -1.6% |
Housing Supply in Copperas Cove, TX
How many homes are available in Copperas Cove, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
71 | 78 | +9.9% |
Summary: The Copperas Cove real estate market had 78 homes for sale in April 2024, a 9.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 24 | 28 | +16.7% |
4 Bedrooms | 43 | 44 | +2.3% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Copperas Cove housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 11 | -8.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Copperas Cove in April 2024, down by 8.3% month-over-month. Of the 11 sold homes, 45% were sold under asking, 55% were sold at asking, and 0% were sold over asking.
Days on Market for Copperas Cove, TX
How long does it take to sell a home in Copperas Cove, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
58 Days | 57 Days | -3.0% |
Summary: Homes in Copperas Cove had an average of 57 days on market in Apr 2024, down by 3% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 11 homes were sold in Copperas Cove; 64% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.