Is Northeast Travis, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Northeast Travis is a neutral's market

Buyer's
Market

Difference Since August 2023

At the same time last year, Northeast Travis was a Seller's Market.

Key Takeaway

Northeast Travis is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Northeast Travis, TX

How much do homes in Northeast Travis, TX cost?

Median Sold Price

$390,114

$199/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

-$9,885(-2.5%)

Key Takeaway

Homes in Northeast Travis have sold for 2.5% less than they did a year ago.

Summary: The median home sold price in Northeast Travis was $390,114 in August 2024, down 2.5% from last year, and the median price per square foot was $199.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 $219.6K-
N/A
2 $294.4K$300K
+1.9%
3 $359.8K$350K
-2.7%
4 $449.9K$425K
-5.6%
5+ $540K$539.9K
0%

Summary: Northeast Travis housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.9%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Manor
0.3%
Round Rock
-1.2%
Northeast Travis
-2.5%
Pflugerville
-4.7%

Housing Supply in Northeast Travis, TX

How many homes are available in Northeast Travis, TX?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
796840+5.5%

Summary: The Northeast Travis real estate market had 840 homes for sale in August 2024, a 5.5% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 1110
-9.1%
3 370394
+6.5%
4 333353
+6.0%
5+ 8283
+1.2%

Summary: The Northeast Travis 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 decreased by 9.1%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 6%, and 5+ bedroom homes increased by 1.2%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
139126-9.4%

Asking Price vs. Sold Price

80 Homes Were Sold
Under Asking

27 Homes Were Sold
At Asking

19 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Northeast Travis, you may be able to get a good deal. 63.5% of homes here sold below asking price last month.

Summary: A total of 126 homes were sold or pending in Northeast Travis in August 2024, down by 9.4% month-over-month. Of the 126 sold homes, 63% were sold under asking, 21% were sold at asking, and 15% were sold over asking.

Days on Market for Northeast Travis, TX

How long does it take to sell a home in Northeast Travis, TX?

Average Sale Time

Aug 2023Aug 2024CHANGE
45 Days45 Days0.3%

Summary: Homes in Northeast Travis had an average of 45 days on market in Aug 2024, up by 0.3% compared to last year.

Breakdown of Home Sale Times

57 Homes Were Sold
Under 30 Days

55 Homes Were Sold
In 30 - 90 Days

14 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During August 2024, 126 homes were sold in Northeast Travis; 45% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 11% 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 18 Days Ago

Newest Listings in Northeast Travis, TX

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What housing markets are near Northeast Travis, TX?