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 seller's market

Buyer's
Market

Difference Since February 2023

Since last year, Northeast Travis has remained a Seller's Market.

Key Takeaway

Northeast Travis is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Northeast Travis, TX

How much do homes in Northeast Travis, TX cost?

Median Sold Price

$398,962

$201/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

-$51,037(-11.3%)

Key Takeaway

Homes in Northeast Travis have sold for 11.3% less than they did a year ago.

Summary: The median home sold price in Northeast Travis was $398,962 in February 2024, down 11.3% from last year, and the median price per square foot was $201.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 $341K$299.3K
-12.2%
3 $407.7K$354.6K
-13.0%
4 $495.8K$439.8K
-11.3%
5+ $615K$529.5K
-13.9%

Summary: Northeast Travis housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 12.2%, 3 bedroom homes decreased by 13%, 4 bedroom homes decreased by 11.3%, and 5+ bedroom homes decreased by 13.9%.

Median Sold Price Compared To Nearby Cities

Round Rock
-1.3%
Manor
-2.7%
Pflugerville
-8.4%
Northeast Travis
-11.3%

Housing Supply in Northeast Travis, TX

How many homes are available in Northeast Travis, TX?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
567622+9.7%

Summary: The Northeast Travis real estate market had 622 homes for sale in February 2024, a 9.7% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 99
0.0%
3 261299
+14.6%
4 248260
+4.8%
5+ 4954
+10.2%

Summary: The Northeast Travis housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 14.6%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 10.2%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
102108+5.9%

Asking Price vs. Sold Price

64 Homes Were Sold
Under Asking

30 Homes Were Sold
At Asking

14 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. 59.3% of homes here sold below asking price last month.

Summary: A total of 108 homes were sold or pending in Northeast Travis in February 2024, up by 5.9% month-over-month. Of the 108 sold homes, 59% were sold under asking, 28% were sold at asking, and 13% 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

Feb 2023Feb 2024CHANGE
73 Days60 Days-17.1%

Summary: Homes in Northeast Travis had an average of 60 days on market in Feb 2024, down by 17.1% compared to last year.

Breakdown of Home Sale Times

45 Homes Were Sold
Under 30 Days

34 Homes Were Sold
In 30 - 90 Days

29 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 February 2024, 108 homes were sold in Northeast Travis; 42% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 27% 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 27 Days Ago

Newest Listings in Northeast Travis, TX

Nearby Markets to Northeast Travis, TX

What housing markets are near Northeast Travis, TX?