Is Bastrop, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Bastrop was a Neutral Market.
Housing Prices in Bastrop, TX
How much do homes in Bastrop, TX cost?
Median Sold Price
$399,720
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Bastrop was $399,720 in March 2024, up 1.2% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $200K | N/A |
2 Bedrooms | $341.4K | $305K | -10.7% |
3 Bedrooms | $380K | $370K | -2.6% |
4 Bedrooms | $401K | $444.9K | +10.9% |
5+ Bedrooms | $582.6K | $728.8K | +25.1% |
Summary: Bastrop housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 10.7%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes increased by 10.9%, and 5+ bedroom homes increased by 25.1%.
Median Sold Price Compared To Nearby Cities
Bastrop | $395K | $399.7K | +1.2% |
Cedar Creek-Red Rock | $449.3K | $429.9K | -4.3% |
Housing Supply in Bastrop, TX
How many homes are available in Bastrop, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
249 | 291 | +16.9% |
Summary: The Bastrop real estate market had 291 homes for sale in March 2024, a 16.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 6 | +20.0% |
2 Bedrooms | 14 | 18 | +28.6% |
3 Bedrooms | 132 | 148 | +12.1% |
4 Bedrooms | 81 | 98 | +21.0% |
5+ Bedrooms | 17 | 21 | +23.5% |
Summary: The Bastrop housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 28.6%, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 21%, and 5+ bedroom homes increased by 23.5%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
42 | 35 | -16.7% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 35 homes were sold or pending in Bastrop in March 2024, down by 16.7% month-over-month. Of the 35 sold homes, 54% were sold under asking, 26% were sold at asking, and 20% were sold over asking.
Days on Market for Bastrop, TX
How long does it take to sell a home in Bastrop, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
73 Days | 105 Days | +43.8% |
Summary: Homes in Bastrop had an average of 105 days on market in Mar 2024, up by 43.8% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
14 Homes Were Sold
Over 90 Days
Summary: During March 2024, 35 homes were sold in Bastrop; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.