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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Burnet County is a seller's market

Buyer's
Market

Difference Since December 2020

Since last year, Burnet County has remained a Seller's Market.

Key Takeaway

Burnet County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Burnet County, TX cost?

Median Sold Price

$390,333

$201/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$77,833(+24.9%)

Key Takeaway

Homes in Burnet County have sold for 24.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 $152.5K$290.2K
+90.3%
2 $197.2K$250K
+26.7%
3 $288K$390K
+35.4%
4 $467.5K$465K
-0.5%
5+ $1.1M$732.5K
-38.3%

Median Sold Price Compared To Nearby Counties

Williamson County
+38.0%
Llano County
+32.9%
Blanco County
+27.3%
Burnet County
+24.9%
Lampasas County
+18.7%

How many homes are available in Burnet County, TX?

Number of Homes For Sale

Nov 2021Dec 2021%
166135-18.7%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 42
-50.0%
2 1918
-5.3%
3 8867
-23.9%
4 4034
-15.0%
5+ 1514
-6.7%

Number of Homes Sold

Nov 2021Dec 2021%
4144+7.3%

Asking Price vs. Sold Price

27 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Burnet County, you may be able to get a good deal. 61.4% of homes here sold below asking price last month.

Average Sale Time

Dec 2020Dec 2021%
82 Days40 Days-51.3%

Breakdown of Home Sale Times

27 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Burnet County are selling fast, if you're buying plan to act quickly.

About Burnet County, TX

Burnet County, TX has 135 homes for sale to choose from. The number of homes for sale in Burnet County, TX decreased by 18.7% between November 2021 and December 2021. The median list price of listings available in December 2021 was $390,333, while the average time on the real estate market was 40 days. From November 2021 through December 2021, the following changes in listing prices were observed in this housing market: 1 bedroom properties prices increased by 90.3%, 2 bedrooms properties prices increased by 26.7%, 3 bedrooms properties prices increased by 35.4%, 4 bedrooms properties prices decreased by 0.5%, the cost of 5 bedrooms properties went down by 38.3%. Volume of homes for sale in this real estate market have seen the following changes: volume of 1 bedroom homes went down by 50%, volume of 2 bedrooms homes went down by 5.3%, the quantity of 3 bedrooms homes went down by 23.9%, volume of 4 bedrooms homes went down by 15%, the quantity of 5 bedrooms homes went down by 6.7%. Burnet County, TX housing market in December 2021 saw over 10 listings sold above listed price, more than 7 sold at listed price and over 27 sold below.

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