Is Llano, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Llano was a Seller's Market.
Housing Prices in Llano, TX
How much do homes in Llano, TX cost?
Median Sold Price
$599,000
$306/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Llano was $599,000 in March 2024, up 71.1% from last year, and the median price per square foot was $306.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $1.0M | - | N/A |
2 Bedrooms | $357.5K | $276.2K | -22.7% |
3 Bedrooms | $350K | $670K | +91.4% |
4 Bedrooms | $550K | $585K | +6.4% |
5+ Bedrooms | $165K | $1.9M | +1081.8% |
Summary: Llano 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 22.7%, 3 bedroom homes increased by 91.4%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes increased by 1081.8%.
Median Sold Price Compared To Nearby Cities
Llano | $350K | $599K | +71.1% |
Llano South | $643.5K | $749.5K | +16.5% |
Llano North | $417K | $470K | +12.7% |
Housing Supply in Llano, TX
How many homes are available in Llano, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
22 | 27 | +22.7% |
Summary: The Llano real estate market had 27 homes for sale in March 2024, a 22.7% 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 | 6 | 7 | +16.7% |
3 Bedrooms | 10 | 15 | +50.0% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Llano 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 16.7%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
0 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Llano in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Llano, TX
How long does it take to sell a home in Llano, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
260 Days | 65 Days | -74.8% |
Summary: Homes in Llano had an average of 65 days on market in Mar 2024, down by 74.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 2 homes were sold in Llano; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.