Is Burnet County, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Burnet County was a Seller's Market.
Housing Prices in Burnet County, TX
How much do homes in Burnet County, TX cost?
Median Sold Price
$399,000
$227/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Burnet County was $399,000 in April 2024, down 0.3% from last year, and the median price per square foot was $227.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $233.4K | $195K | -16.5% |
2 Bedrooms | $339.5K | $265K | -21.9% |
3 Bedrooms | $383.1K | $359.9K | -6.1% |
4 Bedrooms | $517.7K | $642.5K | +24.1% |
5+ Bedrooms | $880.1K | $765K | -13.1% |
Summary: Burnet County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16.5%, 2 bedroom homes decreased by 21.9%, 3 bedroom homes decreased by 6.1%, 4 bedroom homes increased by 24.1%, and 5+ bedroom homes decreased by 13.1%.
Median Sold Price Compared To Nearby Counties
Burnet County | $400K | $399K | -0.3% |
Llano County | $567.5K | $548.6K | -3.3% |
Travis County | $563.7K | $525K | -6.9% |
Lampasas County | $354.9K | $330K | -7.0% |
Williamson County | $480K | $443.4K | -7.6% |
Housing Supply in Burnet County, TX
How many homes are available in Burnet County, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
295 | 343 | +16.3% |
Summary: The Burnet County real estate market had 343 homes for sale in April 2024, a 16.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 12 | 13 | +8.3% |
2 Bedrooms | 39 | 39 | 0.0% |
3 Bedrooms | 161 | 188 | +16.8% |
4 Bedrooms | 65 | 79 | +21.5% |
5+ Bedrooms | 18 | 24 | +33.3% |
Summary: The Burnet County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 8.3%, 2 bedroom homes remained the same, 3 bedroom homes increased by 16.8%, 4 bedroom homes increased by 21.5%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
23 | 38 | +65.2% |
Asking Price vs. Sold Price
29 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 38 homes were sold or pending in Burnet County in April 2024, up by 65.2% month-over-month. Of the 38 sold homes, 76% were sold under asking, 18% were sold at asking, and 5% were sold over asking.
Days on Market for Burnet County, TX
How long does it take to sell a home in Burnet County, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
54 Days | 92 Days | +70.3% |
Summary: Homes in Burnet County had an average of 92 days on market in Apr 2024, up by 70.3% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
17 Homes Were Sold
Over 90 Days
Summary: During April 2024, 38 homes were sold in Burnet County; 39% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 45% of homes were sold over 90 days.