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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Travis County is a buyer's market

Buyer's
Market

Difference Since June 2023

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

Key Takeaway

Travis County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

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

-$11,181(-2.1%)

Key Takeaway

Homes in Travis County have sold for 2.1% less than they did a year ago.

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

# BEDSJun 2023Jun 2024CHANGE
1 $319.7K$294.5K
-7.9%
2 $433.3K$414.8K
-4.3%
3 $491.5K$465.1K
-5.4%
4 $644.9K$660K
+2.3%
5+ $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
0.0%
Bastrop County
-0.8%
Travis County
-2.1%
Williamson County
-3.3%
Hays County
-3.3%

Housing Supply in Travis County, TX

How many homes are available in Travis County, TX?

Number of Homes For Sale

May 2024Jun 2024CHANGE
7,3297,895+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

# BEDSMay 2024Jun 2024CHANGE
1 352419
+19.0%
2 9891,041
+5.3%
3 2,9063,099
+6.6%
4 2,2682,459
+8.4%
5+ 814877
+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 2024Jun 2024CHANGE
1,196938-21.6%

Asking Price vs. Sold Price

653 Homes Were Sold
Under Asking

151 Homes Were Sold
At Asking

134 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Travis County, you may be able to get a good deal. 69.6% of homes here sold below asking price last month.

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 2023Jun 2024CHANGE
44 Days45 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

Breakdown of Home Sale Times

Key Takeaway

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

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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 26 Days Ago

Newest Listings in Travis County, TX

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