Is Bastrop County, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bastrop County is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Bastrop County was a Seller's Market.

Key Takeaway

Bastrop County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Bastrop County, TX

How much do homes in Bastrop County, TX cost?

Median Sold Price

$383,839

$213/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$15,442(-3.9%)

Key Takeaway

Homes in Bastrop County have sold for 3.9% less than they did a year ago.

Summary: The median home sold price in Bastrop County was $383,839 in March 2024, down 3.9% from last year, and the median price per square foot was $213.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $294.5K$290K
-1.5%
2 $315K$285.6K
-9.3%
3 $390K$360K
-7.7%
4 $429K$449.4K
+4.8%
5+ $485K$600K
+23.7%

Summary: Bastrop County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.5%, 2 bedroom homes decreased by 9.3%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 23.7%.

Median Sold Price Compared To Nearby Counties

Lee County
+16.5%
Bastrop County
-3.9%
Fayette County
-6.3%
Travis County
-8.8%
Williamson County
-9.2%

Housing Supply in Bastrop County, TX

How many homes are available in Bastrop County, TX?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
478583+22.0%

Summary: The Bastrop County real estate market had 583 homes for sale in March 2024, a 22.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 1213
+8.3%
2 3745
+21.6%
3 231290
+25.5%
4 163192
+17.8%
5+ 3543
+22.9%

Summary: The Bastrop County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 8.3%, 2 bedroom homes increased by 21.6%, 3 bedroom homes increased by 25.5%, 4 bedroom homes increased by 17.8%, and 5+ bedroom homes increased by 22.9%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
5874+27.6%

Asking Price vs. Sold Price

45 Homes Were Sold
Under Asking

19 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bastrop County, you may be able to get a good deal. 60.8% of homes here sold below asking price last month.

Summary: A total of 74 homes were sold or pending in Bastrop County in March 2024, up by 27.6% month-over-month. Of the 74 sold homes, 61% were sold under asking, 26% were sold at asking, and 14% were sold over asking.

Days on Market for Bastrop County, TX

How long does it take to sell a home in Bastrop County, TX?

Average Sale Time

Mar 2023Mar 2024CHANGE
77 Days102 Days+33.3%

Summary: Homes in Bastrop County had an average of 102 days on market in Mar 2024, up by 33.3% compared to last year.

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

22 Homes Were Sold
In 30 - 90 Days

31 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Bastrop County are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 74 homes were sold in Bastrop County; 28% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 42% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Bastrop County, TX

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