Is Belton, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 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
$372,500
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Belton was $372,500 in May 2024, down 5.2% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $52.5K | $154.9K | +195.0% |
2 Bedrooms | $285K | $197K | -30.9% |
3 Bedrooms | $321.3K | $310K | -3.5% |
4 Bedrooms | $435K | $422.4K | -2.9% |
5+ Bedrooms | $525K | $483K | -8.0% |
Summary: Belton housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 195%, 2 bedroom homes decreased by 30.9%, 3 bedroom homes decreased by 3.5%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes decreased by 8%.
Median Sold Price Compared To Nearby Cities
Northwest Bell | $339.9K | $395K | +16.2% |
South Bell | $550K | $570K | +3.6% |
Temple | $285K | $295K | +3.5% |
Belton | $392.9K | $372.5K | -5.2% |
Housing Supply in Belton, TX
How many homes are available in Belton, TX?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
72 | 86 | +19.4% |
Summary: The Belton real estate market had 86 homes for sale in May 2024, a 19.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 25 | 29 | +16.0% |
4 Bedrooms | 36 | 43 | +19.4% |
5+ Bedrooms | 9 | 12 | +33.3% |
Summary: The Belton housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 16%, 4 bedroom homes increased by 19.4%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
8 | 10 | +25.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Belton in May 2024, up by 25.0% month-over-month. Of the 10 sold homes, 80% were sold under asking, 10% were sold at asking, and 10% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
41 Days | 72 Days | +76.3% |
Summary: Homes in Belton had an average of 72 days on market in May 2024, up by 76.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During May 2024, 10 homes were sold in Belton; 30% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.