Is Travis County, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Travis County was a Seller's Market.
Housing Prices in Travis County, TX
How much do homes in Travis County, TX cost?
Median Sold Price
$523,977
$289/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Travis County was $523,977 in June 2024, down 2.1% from last year, and the median price per square foot was $289.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $319.7K | $294.5K | -7.9% |
2 Bedrooms | $433.3K | $414.8K | -4.3% |
3 Bedrooms | $491.5K | $465.1K | -5.4% |
4 Bedrooms | $644.9K | $660K | +2.3% |
5+ Bedrooms | $1.0M | $1.1M | +4.8% |
Summary: Travis County housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.9%, 2 bedroom homes decreased by 4.3%, 3 bedroom homes decreased by 5.4%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes increased by 4.8%.
Median Sold Price Compared To Nearby Counties
Blanco County | $485K | $485K | 0.0% |
Bastrop County | $378K | $375K | -0.8% |
Travis County | $535.1K | $523.9K | -2.1% |
Williamson County | $455.2K | $440.2K | -3.3% |
Hays County | $429.3K | $415.1K | -3.3% |
Housing Supply in Travis County, TX
How many homes are available in Travis County, TX?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
7,329 | 7,895 | +7.7% |
Summary: The Travis County real estate market had 7,895 homes for sale in June 2024, a 7.7% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 352 | 419 | +19.0% |
2 Bedrooms | 989 | 1,041 | +5.3% |
3 Bedrooms | 2,906 | 3,099 | +6.6% |
4 Bedrooms | 2,268 | 2,459 | +8.4% |
5+ Bedrooms | 814 | 877 | +7.7% |
Summary: The Travis County housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 19%, 2 bedroom homes increased by 5.3%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes increased by 7.7%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
1,196 | 938 | -21.6% |
Asking Price vs. Sold Price
653 Homes Were Sold
Under Asking
151 Homes Were Sold
At Asking
134 Homes Were Sold
Over Asking
Summary: A total of 938 homes were sold or pending in Travis County in June 2024, down by 21.6% month-over-month. Of the 938 sold homes, 70% were sold under asking, 16% were sold at asking, and 14% were sold over asking.
Days on Market for Travis County, TX
How long does it take to sell a home in Travis County, TX?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
44 Days | 45 Days | +1.6% |
Summary: Homes in Travis County had an average of 45 days on market in Jun 2024, up by 1.6% compared to last year.
Breakdown of Home Sale Times
507 Homes Were Sold
Under 30 Days
319 Homes Were Sold
In 30 - 90 Days
112 Homes Were Sold
Over 90 Days
Summary: During June 2024, 938 homes were sold in Travis County; 54% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.