Is Llano County, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Llano County is a buyer's market

Buyer's
Market

Difference Since January 2023

Since last year, Llano County has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Llano County, TX

How much do homes in Llano County, TX cost?

Median Sold Price

$546,625

$277/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2023

-$53,375(-8.9%)

Key Takeaway

Homes in Llano County have sold for 8.9% less than they did a year ago.

Summary: The median home sold price in Llano County was $546,625 in January 2024, down 8.9% from last year, and the median price per square foot was $277.

Median Sold Price By Bedroom Count

# BEDSJan 2023Jan 2024CHANGE
1 $421K$197.1K
-53.2%
2 $335K$364.9K
+8.9%
3 $575K$512.5K
-10.9%
4 $1.1M$1.3M
+24.5%
5+ $1.6M$2.4M
+56.2%

Summary: Llano County housing prices by bedroom type for January 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 53.2%, 2 bedroom homes increased by 8.9%, 3 bedroom homes decreased by 10.9%, 4 bedroom homes increased by 24.5%, and 5+ bedroom homes increased by 56.2%.

Median Sold Price Compared To Nearby Counties

Blanco County
-4.4%
Burnet County
-6.7%
Llano County
-8.9%

Housing Supply in Llano County, TX

How many homes are available in Llano County, TX?

Number of Homes For Sale

Dec 2023Jan 2024CHANGE
236264+11.9%

Summary: The Llano County real estate market had 264 homes for sale in January 2024, a 11.9% increase compared to December 2023.

Homes For Sale By Bedroom Count

# BEDSDec 2023Jan 2024CHANGE
1 88
0.0%
2 3241
+28.1%
3 121130
+7.4%
4 5358
+9.4%
5+ 2227
+22.7%

Summary: The Llano County housing inventory by bedroom type for January 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 28.1%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes increased by 22.7%.

Number of Homes Sold

Dec 2023Jan 2024CHANGE
2314-39.1%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Llano County, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in Llano County in January 2024, down by 39.1% month-over-month. Of the 14 sold homes, 86% were sold under asking, 14% were sold at asking, and 0% were sold over asking.

Days on Market for Llano County, TX

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

Average Sale Time

Jan 2023Jan 2024CHANGE
116 Days72 Days-38.1%

Summary: Homes in Llano County had an average of 72 days on market in Jan 2024, down by 38.1% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During January 2024, 14 homes were sold in Llano County; 36% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 43% 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 25 Days Ago

Newest Listings in Llano County, TX

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