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 January 2022

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.

How much do homes in Travis County, TX cost?

Median Sold Price

$585,478

$337/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2022

+$50,926(+9.5%)

Key Takeaway

Homes in Travis County have sold for 9.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJan 2022Jan 2023%
1 $306.9K$344.7K
+12.3%
2 $440.8K$474.4K
+7.6%
3 $499.7K$540.7K
+8.2%
4 $654.4K$712.7K
+8.9%
5+ $998.7K$1.1M
+14.5%

Median Sold Price Compared To Nearby Counties

Bastrop County
+14.2%
Hays County
+12.8%
Williamson County
+12.1%
Travis County
+9.5%
Blanco County
+2.0%

How many homes are available in Travis County, TX?

Number of Homes For Sale

Dec 2022Jan 2023%
3,8823,998+3.0%

Homes For Sale By Bedroom Count

# BEDSDec 2022Jan 2023%
1 132149
+12.9%
2 468538
+15.0%
3 1,7611,754
-0.4%
4 1,2091,216
+0.6%
5+ 312341
+9.3%

Number of Homes Sold

Dec 2022Jan 2023%
772551-28.6%

Asking Price vs. Sold Price

414 Homes Were Sold
Under Asking

76 Homes Were Sold
At Asking

61 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. 75.1% of homes here sold below asking price last month.

Average Sale Time

Jan 2022Jan 2023%
26 Days60 Days+126.8%

Breakdown of Home Sale Times

183 Homes Were Sold
Under 30 Days

246 Homes Were Sold
In 30 - 90 Days

122 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Travis County has remained consistent over time.

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

About Travis County, TX

There are 3,998 homes are for sale in Travis County, TX real estate market. The number of homes for sale in Travis County, TX increased by 3% between December 2022 and January 2023. Listings spent 60 days on the market in January 2023, and had a median list price of $585,478 during the same period. This housing market listing prices have changed between December 2022 and January 2023: the cost of 1 bedroom properties went up by 12.3%, prices of 2 bedrooms properties increased by 7.6%, 3 bedrooms properties became 8.2% more expensive, the cost of 4 bedrooms properties went up by 8.9%, 5 bedrooms properties prices increased by 14.5%. Housing inventory have changed in this real estate market: the quantity of 1 bedroom homes went up by 12.9%, 2 bedrooms homes inventory increased by 15%, 3 bedrooms homes inventory decreased by 0.4%, 4 bedrooms homes became 0.6% more available, volume of 5 bedrooms homes went up by 9.3%. Over 61 listings were sold over their listed price in January 2023 in Travis County, TX. In the same period over 414 listings were sold below the listed price and 76 listings were sold for the listed price.

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