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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Llano North is a buyer's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

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

+$53,000(+12.7%)

Key Takeaway

Homes in Llano North have sold for 12.7% more than they did a year ago.

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

# BEDSMar 2023Mar 2024CHANGE
1 $577K$190K
-67.1%
2 $300K$313.5K
+4.5%
3 $392.5K$480.1K
+22.3%
4 $942.5K$1.7M
+80.4%
5+ $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
+71.1%
Kingsland
+54.8%
Llano South
+16.5%
Llano North
+12.7%

Housing Supply in Llano North, TX

How many homes are available in Llano North, TX?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
6776+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

# BEDSFeb 2024Mar 2024CHANGE
1 54
-20.0%
2 99
0.0%
3 2937
+27.6%
4 1618
+12.5%
5+ 88
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 2024Mar 2024CHANGE
93-66.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Llano North, you may be able to get a good deal. 100% of homes here sold below asking price last month.

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 2023Mar 2024CHANGE
52 Days38 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Llano North are selling fast, if you're buying plan to act quickly.

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.

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 North, TX

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