Is Horseshoe Bay, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Horseshoe Bay is a buyer's market

Buyer's
Market

Difference Since August 2022

Since last year, Horseshoe Bay has remained a Buyer's Market.

Key Takeaway

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

Housing Prices

How much do homes in Horseshoe Bay, TX cost?

Median Sold Price

$684,400

$295/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2022

+$54,400(+8.6%)

Key Takeaway

Homes in Horseshoe Bay have sold for 8.6% more than they did a year ago.

Summary: The median home sold price in Horseshoe Bay was $684,400 in August 2023, up 8.6% from last year, and the median price per square foot was $295.

Median Sold Price By Bedroom Count

# BEDSAug 2022Aug 2023CHANGE
1 $257.5K$323.5K
+25.7%
2 $418.4K$328.5K
-21.5%
3 $600K$624K
+4.0%
4 $1.1M$1.1M
+3.5%
5+ $1.7M$4.5M
+162.4%

Summary: Horseshoe Bay housing prices by bedroom type for August 2023 compared to the previous year: The home price of 1 bedroom homes increased by 25.7%, 2 bedroom homes decreased by 21.5%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes increased by 162.4%.

Median Sold Price Compared To Nearby Cities

Llano South
+10.0%
Horseshoe Bay
+8.6%
Sunrise Beach Village
-14.2%
Cottonwood Shores
-22.9%

Housing Supply

How many homes are available in Horseshoe Bay, TX?

Number of Homes For Sale

Jul 2023Aug 2023CHANGE
173190+9.8%

Summary: The Horseshoe Bay real estate market had 190 homes for sale in August 2023, a 9.8% increase compared to July 2023.

Homes For Sale By Bedroom Count

# BEDSJul 2023Aug 2023CHANGE
1 55
0.0%
2 3437
+8.8%
3 8999
+11.2%
4 3235
+9.4%
5+ 1314
+7.7%

Summary: The Horseshoe Bay housing inventory by bedroom type for August 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 8.8%, 3 bedroom homes increased by 11.2%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes increased by 7.7%.

Number of Homes Sold

Jul 2023Aug 2023CHANGE
1415+7.1%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Horseshoe Bay, you may be able to get a good deal. 78.6% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Horseshoe Bay in August 2023, up by 7.1% month-over-month. Of the 14 sold homes, 79% were sold under asking, 21% were sold at asking, and 0% were sold over asking.

Days on Market

How long does it take to sell a home in Horseshoe Bay, TX?

Average Sale Time

Aug 2022Aug 2023CHANGE
29 Days66 Days+130.3%

Summary: Homes in Horseshoe Bay had an average of 66 days on market in Aug 2023, up by 130.3% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Horseshoe Bay has remained consistent over time.

Summary: During August 2023, 15 homes were sold in Horseshoe Bay; 13% of homes were sold within 30 days, 73% of homes were sold within 30 to 90 days, and 13% 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 27 Days Ago

Newest Listings

Nearby Markets

What housing markets are near Horseshoe Bay, TX?