realestate

Bell County Real Estate Market Experiences Moderate Decline

Real Estate Industry Continues to Thrive with $453.7 Billion Impact on State Economy.

T
he local real estate market has slowed down in the first quarter of 2024, but experts caution against waiting for another boom before making a move. The industry's impact on the economy is significant, with $453.7 billion in revenue accounting for 17.7% of the state's gross product in 2023. According to National Association of REALTORS data, each home sale generates an estimated $112,700 for the general economy.

Real estate market in Bell County experiences moderate decline in property values.