Housing Prices in Payne Springs, TX
How much do homes in Payne Springs, TX cost?
Median List Price
$291,500
$190/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in Payne Springs has increased by 7% since last year.
Summary: The median home list price in Payne Springs was $291,500 in March 2024, up 7% from the previous year, and the median price per square foot was $190.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $274.9K | - | N/A |
| 2 Bedrooms | $324.7K | $352.5K | +8.5% |
| 3 Bedrooms | $255K | $288K | +12.9% |
| 4 Bedrooms | $159K | $365K | +129.6% |
| 5+ Bedrooms | - | $265K | N/A |
Summary: Payne Springs housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.5%, 3 bedroom homes increased by 12.9%, 4 bedroom homes increased by 129.6%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| Payne Springs | $272.4K | $291.5K | +7.0% |
| Mabank | $308.5K | $330.1K | +7.0% |
| Cedar Creek Lake | $324.5K | $340.4K | +4.9% |
Housing Supply in Payne Springs, TX
How many homes are available in Payne Springs, TX?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 7 | 15 | +114.3% |
Summary: The Payne Springs real estate market had 15 homes for sale in March 2024, a 114.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 3 | 10 | +233.3% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Payne Springs housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 233.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Payne Springs, TX
How long does it take to sell a home in Payne Springs, TX?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 98 Days | 53 Days | -45.5% |
Summary: Homes in Payne Springs had an average listing age of 53 days in Mar 2024, down by 45.5% compared to the previous year.
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