Is Cedar Park-Liberty Hill, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Cedar Park-Liberty Hill has remained a Seller's Market.
Housing Prices in Cedar Park-Liberty Hill, TX
How much do homes in Cedar Park-Liberty Hill, TX cost?
Median Sold Price
$449,999
$219/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Cedar Park-Liberty Hill was $449,999 in March 2024, down 9.8% from last year, and the median price per square foot was $219.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $587.5K | - | N/A |
2 Bedrooms | $370K | $319.7K | -13.6% |
3 Bedrooms | $436.2K | $390K | -10.6% |
4 Bedrooms | $564.8K | $493.9K | -12.6% |
5+ Bedrooms | $726K | $650K | -10.5% |
Summary: Cedar Park-Liberty Hill 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 13.6%, 3 bedroom homes decreased by 10.6%, 4 bedroom homes decreased by 12.6%, and 5+ bedroom homes decreased by 10.5%.
Median Sold Price Compared To Nearby Cities
Cedar Park | $525K | $500K | -4.8% |
Leander | $499.9K | $464K | -7.2% |
Leander | $506.6K | $469.3K | -7.4% |
Round Rock-Georgetown | $499.9K | $462.6K | -7.5% |
Cedar Park-Liberty Hill | $498.7K | $449.9K | -9.8% |
Housing Supply in Cedar Park-Liberty Hill, TX
How many homes are available in Cedar Park-Liberty Hill, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
612 | 751 | +22.7% |
Summary: The Cedar Park-Liberty Hill real estate market had 751 homes for sale in March 2024, a 22.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 11 | 15 | +36.4% |
3 Bedrooms | 258 | 333 | +29.1% |
4 Bedrooms | 277 | 315 | +13.7% |
5+ Bedrooms | 66 | 88 | +33.3% |
Summary: The Cedar Park-Liberty Hill housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 36.4%, 3 bedroom homes increased by 29.1%, 4 bedroom homes increased by 13.7%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
119 | 150 | +26.1% |
Asking Price vs. Sold Price
100 Homes Were Sold
Under Asking
25 Homes Were Sold
At Asking
25 Homes Were Sold
Over Asking
Summary: A total of 150 homes were sold or pending in Cedar Park-Liberty Hill in March 2024, up by 26.1% month-over-month. Of the 150 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for Cedar Park-Liberty Hill, TX
How long does it take to sell a home in Cedar Park-Liberty Hill, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
71 Days | 56 Days | -20.9% |
Summary: Homes in Cedar Park-Liberty Hill had an average of 56 days on market in Mar 2024, down by 20.9% compared to last year.
Breakdown of Home Sale Times
76 Homes Were Sold
Under 30 Days
43 Homes Were Sold
In 30 - 90 Days
31 Homes Were Sold
Over 90 Days
Summary: During March 2024, 150 homes were sold in Cedar Park-Liberty Hill; 51% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.