Quantcast

SE Texas Times

Tuesday, November 5, 2024

Home prices in Hardin County increased

Re 3

The median sale price of a home sold in the first quarter of 2024 in Hardin County rose by $24,465, while total sales increased by 50%, according to BlockShopper.com.

From January through March of 2024, 39 homes were sold in the county, with sale prices around $116,550. This is a 26.6% increase over the $92,085 median sale price during the same period in 2023, when there were 26 homes sold.

The U.S. housing market has soared in recent years, with its total value nearing $50 trillion in 2024. This is almost five times greater than the market's value in 2000.

“The value of America’s housing market will likely cross the $50 trillion threshold in the next 12 months as there are not enough homes being listed to push prices down,” said Redfin Economics Research Lead Chen Zhao.

The following histogram displays changes in median sales prices in Hardin County from January 2023 to March 2024.

Q1 2023Q2 2023Q3 2023Q4 2023Q1 2024$92,085$92,085$116,370$116,370$109,340$109,340$123,860$123,860$116,550$116,550

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS