Is Leander, 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, Leander has remained a Seller's Market.
Housing Prices in Leander, TX
How much do homes in Leander, TX cost?
Median Sold Price
$464,020
$215/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Leander was $464,020 in March 2024, down 7.2% from last year, and the median price per square foot was $215.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $341K | N/A |
2 Bedrooms | $335K | $320K | -4.5% |
3 Bedrooms | $428.7K | $384.5K | -10.3% |
4 Bedrooms | $565K | $495.5K | -12.3% |
5+ Bedrooms | $722.2K | $702.6K | -2.7% |
Summary: Leander 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 4.5%, 3 bedroom homes decreased by 10.3%, 4 bedroom homes decreased by 12.3%, and 5+ bedroom homes decreased by 2.7%.
Median Sold Price Compared To Nearby Cities
Cedar Park | $525K | $500K | -4.8% |
Northwest Travis | $766.6K | $714.3K | -6.8% |
Leander | $499.9K | $464K | -7.2% |
Leander | $506.6K | $469.3K | -7.4% |
Cedar Park-Liberty Hill | $498.7K | $449.9K | -9.8% |
Housing Supply in Leander, TX
How many homes are available in Leander, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
480 | 551 | +14.8% |
Summary: The Leander real estate market had 551 homes for sale in March 2024, a 14.8% 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 | 12 | 15 | +25.0% |
3 Bedrooms | 168 | 200 | +19.0% |
4 Bedrooms | 238 | 251 | +5.5% |
5+ Bedrooms | 62 | 85 | +37.1% |
Summary: The Leander 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 25%, 3 bedroom homes increased by 19%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes increased by 37.1%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
85 | 104 | +22.4% |
Asking Price vs. Sold Price
75 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 104 homes were sold or pending in Leander in March 2024, up by 22.4% month-over-month. Of the 104 sold homes, 72% were sold under asking, 14% were sold at asking, and 13% were sold over asking.
Days on Market for Leander, TX
How long does it take to sell a home in Leander, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
73 Days | 60 Days | -17.5% |
Summary: Homes in Leander had an average of 60 days on market in Mar 2024, down by 17.5% compared to last year.
Breakdown of Home Sale Times
51 Homes Were Sold
Under 30 Days
28 Homes Were Sold
In 30 - 90 Days
25 Homes Were Sold
Over 90 Days
Summary: During March 2024, 104 homes were sold in Leander; 49% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.