Is Kingsland, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kingsland is a buyer's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Kingsland, TX

How much do homes in Kingsland, TX cost?

Median Sold Price

$754,500

$350/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$267,000(+54.8%)

Key Takeaway

Homes in Kingsland have sold for 54.8% more than they did a year ago.

Summary: The median home sold price in Kingsland was $754,500 in March 2024, up 54.8% from last year, and the median price per square foot was $350.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$190K
N/A
2 $300K$455K
+51.7%
3 $451.2K$515K
+14.1%
4 $1.2M$1.8M
+51.0%
5+ $2.9M$2.4M
-13.9%

Summary: Kingsland 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 increased by 51.7%, 3 bedroom homes increased by 14.1%, 4 bedroom homes increased by 51%, and 5+ bedroom homes decreased by 13.9%.

Median Sold Price Compared To Nearby Cities

Kingsland
+54.8%
Llano South
+16.5%
Llano North
+12.7%

Housing Supply in Kingsland, TX

How many homes are available in Kingsland, TX?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
5879+36.2%

Summary: The Kingsland real estate market had 79 homes for sale in March 2024, a 36.2% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 23
+50.0%
2 54
-20.0%
3 2336
+56.5%
4 1620
+25.0%
5+ 1216
+33.3%

Summary: The Kingsland housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 56.5%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
86-25.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kingsland, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Kingsland in March 2024, down by 25.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.

Days on Market for Kingsland, TX

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

Average Sale Time

Mar 2023Mar 2024CHANGE
96 Days63 Days-34.2%

Summary: Homes in Kingsland had an average of 63 days on market in Mar 2024, down by 34.2% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 6 homes were sold in Kingsland; 50% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 33% 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 18 Days Ago

Newest Listings in Kingsland, TX

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