Is Leander, 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, Leander was a Seller's Market.
Housing Prices in Leander, TX
How much do homes in Leander, TX cost?
Median Sold Price
$467,252
$221/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Leander was $467,252 in April 2024, down 6.5% from last year, and the median price per square foot was $221.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $260K | $204K | -21.5% |
2 Bedrooms | $332.5K | $319.7K | -3.8% |
3 Bedrooms | $431.2K | $399.8K | -7.3% |
4 Bedrooms | $568K | $519.5K | -8.5% |
5+ Bedrooms | $780K | $708.4K | -9.2% |
Summary: Leander housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 21.5%, 2 bedroom homes decreased by 3.8%, 3 bedroom homes decreased by 7.3%, 4 bedroom homes decreased by 8.5%, and 5+ bedroom homes decreased by 9.2%.
Median Sold Price Compared To Nearby Cities
Jonestown | $685K | $658.5K | -3.9% |
Northwest Travis | $754.7K | $715K | -5.3% |
Leander | $494.4K | $463K | -6.3% |
Leander | $499.9K | $467.2K | -6.5% |
Cedar Park-Liberty Hill | $488.1K | $449.9K | -7.8% |
Housing Supply in Leander, TX
How many homes are available in Leander, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
887 | 1,033 | +16.5% |
Summary: The Leander real estate market had 1,033 homes for sale in April 2024, a 16.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 14 | 18 | +28.6% |
2 Bedrooms | 47 | 58 | +23.4% |
3 Bedrooms | 363 | 411 | +13.2% |
4 Bedrooms | 357 | 410 | +14.8% |
5+ Bedrooms | 106 | 136 | +28.3% |
Summary: The Leander housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 28.6%, 2 bedroom homes increased by 23.4%, 3 bedroom homes increased by 13.2%, 4 bedroom homes increased by 14.8%, and 5+ bedroom homes increased by 28.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
137 | 155 | +13.1% |
Asking Price vs. Sold Price
102 Homes Were Sold
Under Asking
31 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Summary: A total of 155 homes were sold or pending in Leander in April 2024, up by 13.1% month-over-month. Of the 155 sold homes, 66% were sold under asking, 20% were sold at asking, and 14% were sold over asking.
Days on Market for Leander, TX
How long does it take to sell a home in Leander, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
69 Days | 61 Days | -11.8% |
Summary: Homes in Leander had an average of 61 days on market in Apr 2024, down by 11.8% compared to last year.
Breakdown of Home Sale Times
80 Homes Were Sold
Under 30 Days
34 Homes Were Sold
In 30 - 90 Days
41 Homes Were Sold
Over 90 Days
Summary: During April 2024, 155 homes were sold in Leander; 52% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.