Is Round Rock-Georgetown, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Round Rock-Georgetown has remained a Seller's Market.
Housing Prices in Round Rock-Georgetown, TX
How much do homes in Round Rock-Georgetown, TX cost?
Median Sold Price
$460,464
$220/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Round Rock-Georgetown was $460,464 in April 2024, down 6.3% from last year, and the median price per square foot was $220.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $367K | $454.4K | +23.8% |
2 Bedrooms | $399.7K | $357.6K | -10.5% |
3 Bedrooms | $430.2K | $395.4K | -8.1% |
4 Bedrooms | $570.7K | $542.9K | -4.9% |
5+ Bedrooms | $741.2K | $685.2K | -7.6% |
Summary: Round Rock-Georgetown housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 23.8%, 2 bedroom homes decreased by 10.5%, 3 bedroom homes decreased by 8.1%, 4 bedroom homes decreased by 4.9%, and 5+ bedroom homes decreased by 7.6%.
Median Sold Price Compared To Nearby Cities
Round Rock | $440K | $444.6K | +1.0% |
Georgetown | $454.9K | $448.4K | -1.4% |
Round Rock-Georgetown | $491.2K | $460.4K | -6.3% |
Cedar Park | $524.4K | $488.6K | -6.8% |
Cedar Park-Liberty Hill | $488.1K | $449.9K | -7.8% |
Housing Supply in Round Rock-Georgetown, TX
How many homes are available in Round Rock-Georgetown, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1,556 | 1,782 | +14.5% |
Summary: The Round Rock-Georgetown real estate market had 1,782 homes for sale in April 2024, a 14.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 182 | 206 | +13.2% |
3 Bedrooms | 588 | 703 | +19.6% |
4 Bedrooms | 638 | 701 | +9.9% |
5+ Bedrooms | 146 | 169 | +15.8% |
Summary: The Round Rock-Georgetown housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 13.2%, 3 bedroom homes increased by 19.6%, 4 bedroom homes increased by 9.9%, and 5+ bedroom homes increased by 15.8%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
310 | 360 | +16.1% |
Asking Price vs. Sold Price
216 Homes Were Sold
Under Asking
86 Homes Were Sold
At Asking
58 Homes Were Sold
Over Asking
Summary: A total of 360 homes were sold or pending in Round Rock-Georgetown in April 2024, up by 16.1% month-over-month. Of the 360 sold homes, 60% were sold under asking, 24% were sold at asking, and 16% were sold over asking.
Days on Market for Round Rock-Georgetown, TX
How long does it take to sell a home in Round Rock-Georgetown, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
68 Days | 46 Days | -31.9% |
Summary: Homes in Round Rock-Georgetown had an average of 46 days on market in Apr 2024, down by 31.9% compared to last year.
Breakdown of Home Sale Times
232 Homes Were Sold
Under 30 Days
66 Homes Were Sold
In 30 - 90 Days
62 Homes Were Sold
Over 90 Days
Summary: During April 2024, 360 homes were sold in Round Rock-Georgetown; 64% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.