Is Llano North, 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, Llano North has remained a Buyer's Market.
Housing Prices in Llano North, TX
How much do homes in Llano North, TX cost?
Median Sold Price
$470,000
$236/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Llano North was $470,000 in March 2024, up 12.7% from last year, and the median price per square foot was $236.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $577K | $190K | -67.1% |
2 Bedrooms | $300K | $313.5K | +4.5% |
3 Bedrooms | $392.5K | $480.1K | +22.3% |
4 Bedrooms | $942.5K | $1.7M | +80.4% |
5+ Bedrooms | $3.2M | $2.4M | -22.0% |
Summary: Llano North housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 67.1%, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 22.3%, 4 bedroom homes increased by 80.4%, and 5+ bedroom homes decreased by 22%.
Median Sold Price Compared To Nearby Cities
Llano | $350K | $599K | +71.1% |
Kingsland | $487.5K | $754.5K | +54.8% |
Llano South | $643.5K | $749.5K | +16.5% |
Llano North | $417K | $470K | +12.7% |
Housing Supply in Llano North, TX
How many homes are available in Llano North, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
67 | 76 | +13.4% |
Summary: The Llano North real estate market had 76 homes for sale in March 2024, a 13.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 4 | -20.0% |
2 Bedrooms | 9 | 9 | 0.0% |
3 Bedrooms | 29 | 37 | +27.6% |
4 Bedrooms | 16 | 18 | +12.5% |
5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The Llano North housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes remained the same, 3 bedroom homes increased by 27.6%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
9 | 3 | -66.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Llano North in March 2024, down by 66.7% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Llano North, TX
How long does it take to sell a home in Llano North, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
52 Days | 38 Days | -28.0% |
Summary: Homes in Llano North had an average of 38 days on market in Mar 2024, down by 28% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in Llano North; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.