Is Liberty Hill, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Liberty Hill is a buyer's market

Buyer's
Market

Difference Since August 2023

At the same time last year, Liberty Hill was a Neutral Market.

Key Takeaway

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

Housing Prices in Liberty Hill, TX

How much do homes in Liberty Hill, TX cost?

Median Sold Price

$565,900

$217/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$43,228(+8.3%)

Key Takeaway

Homes in Liberty Hill have sold for 8.3% more than they did a year ago.

Summary: The median home sold price in Liberty Hill was $565,900 in August 2024, up 8.3% from last year, and the median price per square foot was $217.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 $500K$545K
+9.0%
2 $495.5K$490K
-1.1%
3 $385K$400K
+3.9%
4 $580.2K$611.8K
+5.5%
5+ $795K$740K
-6.9%

Summary: Liberty Hill housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9%, 2 bedroom homes decreased by 1.1%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes decreased by 6.9%.

Median Sold Price Compared To Nearby Cities

Liberty Hill
+8.3%
Round Rock-Georgetown
-2.7%
Cedar Park-Liberty Hill
-2.9%

Housing Supply in Liberty Hill, TX

How many homes are available in Liberty Hill, TX?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
396403+1.8%

Summary: The Liberty Hill real estate market had 403 homes for sale in August 2024, a 1.8% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 1515
0.0%
3 117120
+2.6%
4 195190
-2.6%
5+ 6978
+13.0%

Summary: The Liberty Hill housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 2.6%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes increased by 13%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
7344-39.7%

Asking Price vs. Sold Price

33 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Liberty Hill, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 44 homes were sold or pending in Liberty Hill in August 2024, down by 39.7% month-over-month. Of the 44 sold homes, 75% were sold under asking, 14% were sold at asking, and 11% were sold over asking.

Days on Market for Liberty Hill, TX

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

Average Sale Time

Aug 2023Aug 2024CHANGE
90 Days92 Days+2.6%

Summary: Homes in Liberty Hill had an average of 92 days on market in Aug 2024, up by 2.6% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

17 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Liberty Hill are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During August 2024, 44 homes were sold in Liberty Hill; 34% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 39% 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 9 Days Ago

Newest Listings in Liberty Hill, TX

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