Is Round Rock, 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, Round Rock has remained a Seller's Market.
Housing Prices in Round Rock, TX
How much do homes in Round Rock, TX cost?
Median Sold Price
$445,333
$215/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Round Rock was $445,333 in March 2024, down 0.3% from last year, and the median price per square foot was $215.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $255K | $454.4K | +78.2% |
2 Bedrooms | $340K | $378K | +11.2% |
3 Bedrooms | $396.4K | $379K | -4.4% |
4 Bedrooms | $514.9K | $510.6K | -0.8% |
5+ Bedrooms | $750K | $629.2K | -16.1% |
Summary: Round Rock housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 78.2%, 2 bedroom homes increased by 11.2%, 3 bedroom homes decreased by 4.4%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes decreased by 16.1%.
Median Sold Price Compared To Nearby Cities
Round Rock | $446.4K | $445.3K | -0.3% |
Georgetown | $459.9K | $448.4K | -2.5% |
Pflugerville | $440K | $410.4K | -6.7% |
Round Rock-Georgetown | $499.9K | $462.6K | -7.5% |
Northeast Travis | $443.1K | $396.3K | -10.6% |
Housing Supply in Round Rock, TX
How many homes are available in Round Rock, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
475 | 572 | +20.4% |
Summary: The Round Rock real estate market had 572 homes for sale in March 2024, a 20.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 31 | 37 | +19.4% |
3 Bedrooms | 209 | 244 | +16.7% |
4 Bedrooms | 186 | 232 | +24.7% |
5+ Bedrooms | 48 | 59 | +22.9% |
Summary: The Round Rock housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 19.4%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 24.7%, and 5+ bedroom homes increased by 22.9%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
108 | 111 | +2.8% |
Asking Price vs. Sold Price
62 Homes Were Sold
Under Asking
23 Homes Were Sold
At Asking
26 Homes Were Sold
Over Asking
Summary: A total of 111 homes were sold or pending in Round Rock in March 2024, up by 2.8% month-over-month. Of the 111 sold homes, 56% were sold under asking, 21% were sold at asking, and 23% were sold over asking.
Days on Market for Round Rock, TX
How long does it take to sell a home in Round Rock, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
72 Days | 59 Days | -17.6% |
Summary: Homes in Round Rock had an average of 59 days on market in Mar 2024, down by 17.6% compared to last year.
Breakdown of Home Sale Times
57 Homes Were Sold
Under 30 Days
25 Homes Were Sold
In 30 - 90 Days
29 Homes Were Sold
Over 90 Days
Summary: During March 2024, 111 homes were sold in Round Rock; 51% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.