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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hays County is a neutral's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

Hays County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Hays County, TX

How much do homes in Hays County, TX cost?

Median Sold Price

$424,915

$212/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$30,558(-6.7%)

Key Takeaway

Homes in Hays County have sold for 6.7% less than they did a year ago.

Summary: The median home sold price in Hays County was $424,915 in March 2024, down 6.7% from last year, and the median price per square foot was $212.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $500K$475K
-5.0%
2 $362.5K$365K
+0.7%
3 $404.8K$359.9K
-11.1%
4 $549.9K$514.9K
-6.4%
5+ $900K$695.7K
-22.7%

Summary: Hays County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5%, 2 bedroom homes increased by 0.7%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 6.4%, and 5+ bedroom homes decreased by 22.7%.

Median Sold Price Compared To Nearby Counties

Guadalupe County
-0.9%
Blanco County
-3.8%
Caldwell County
-4.7%
Hays County
-6.7%
Travis County
-8.8%

Housing Supply in Hays County, TX

How many homes are available in Hays County, TX?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1,5131,757+16.1%

Summary: The Hays County real estate market had 1,757 homes for sale in March 2024, a 16.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 813
+62.5%
2 7492
+24.3%
3 627705
+12.4%
4 645738
+14.4%
5+ 159209
+31.4%

Summary: The Hays County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 62.5%, 2 bedroom homes increased by 24.3%, 3 bedroom homes increased by 12.4%, 4 bedroom homes increased by 14.4%, and 5+ bedroom homes increased by 31.4%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
215251+16.7%

Asking Price vs. Sold Price

166 Homes Were Sold
Under Asking

54 Homes Were Sold
At Asking

30 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hays County, you may be able to get a good deal. 66.4% of homes here sold below asking price last month.

Summary: A total of 251 homes were sold or pending in Hays County in March 2024, up by 16.7% month-over-month. Of the 250 sold homes, 66% were sold under asking, 22% were sold at asking, and 12% were sold over asking.

Days on Market for Hays County, TX

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

Average Sale Time

Mar 2023Mar 2024CHANGE
77 Days75 Days-2.6%

Summary: Homes in Hays County had an average of 75 days on market in Mar 2024, down by 2.6% compared to last year.

Breakdown of Home Sale Times

106 Homes Were Sold
Under 30 Days

65 Homes Were Sold
In 30 - 90 Days

80 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 251 homes were sold in Hays County; 42% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 32% 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 23 Days Ago

Newest Listings in Hays County, TX

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