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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Leander is a buyer's market

Buyer's
Market

Difference Since November 2021

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

Key Takeaway

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

How much do homes in Leander, TX cost?

Median Sold Price

$516,293

$255/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$76,648(+17.4%)

Key Takeaway

Homes in Leander have sold for 17.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $245K$277.5K
+13.3%
2 $309.2K$360K
+16.4%
3 $395.1K$450K
+13.9%
4 $521.2K$602K
+15.5%
5+ $690.7K$845.5K
+22.4%

Median Sold Price Compared To Nearby Cities

Jonestown
+32.6%
Leander
+17.4%
Northwest Travis
+16.6%
Cedar Park-Liberty Hill
+14.9%
Leander
+12.8%

How many homes are available in Leander, TX?

Number of Homes For Sale

Oct 2022Nov 2022%
698684-2.0%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 34
+33.3%
2 3635
-2.8%
3 299303
+1.3%
4 280265
-5.4%
5+ 8077
-3.8%

Number of Homes Sold

Oct 2022Nov 2022%
10787-18.7%

Asking Price vs. Sold Price

66 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Leander, you may be able to get a good deal. 75.9% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
18 Days59 Days+220.2%

Breakdown of Home Sale Times

25 Homes Were Sold
Under 30 Days

43 Homes Were Sold
In 30 - 90 Days

19 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Leander has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Leander, TX

Leander, TX has 684 homes for sale to choose from. In November 2022 in Leander, TX there were 2% less homes for sale than in October 2022. The median list price of listings available in November 2022 was $516,293, while the average time on the real estate market was 59 days. Listing prices have changed in this real estate market between October 2022 and November 2022: 1 bedroom properties became 13.3% more expensive, 2 bedrooms properties became 16.4% more expensive, prices of 3 bedrooms properties went up by 13.9%, 4 bedrooms properties became 15.5% more expensive, the cost of 5 bedrooms properties went up by 22.4%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes became 33.3% more available, number of 2 bedrooms homes decreased by 2.8%, the quantity of 3 bedrooms homes went up by 1.3%, 4 bedrooms homes inventory decreased by 5.4%, the quantity of 5 bedrooms homes went down by 3.8%. In November 2022, from all listings sold in Leander, TX there were more than 9 sold above asking price, over 66 sold below and more than 12 were sold right at the asked price.

Related Housing Market Reports