Is Kingsland, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kingsland is a buyer's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Kingsland, TX

How much do homes in Kingsland, TX cost?

Median Sold Price

$670,000

$331/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$20,000(+3.1%)

Key Takeaway

Homes in Kingsland have sold for 3.1% more than they did a year ago.

Summary: The median home sold price in Kingsland was $670,000 in May 2024, up 3.1% from last year, and the median price per square foot was $331.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $180K$193.4K
+7.4%
2 $334.5K$502K
+50.1%
3 $480.1K$520K
+8.3%
4 $1.3M$1.8M
+38.7%
5+ $2.5M$2.5M
+1.9%

Summary: Kingsland housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.4%, 2 bedroom homes increased by 50.1%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 38.7%, and 5+ bedroom homes increased by 1.9%.

Median Sold Price Compared To Nearby Cities

Llano South
+15.9%
Llano North
+6.1%
Kingsland
+3.1%

Housing Supply in Kingsland, TX

How many homes are available in Kingsland, TX?

Number of Homes For Sale

Apr 2024May 2024CHANGE
8090+12.5%

Summary: The Kingsland real estate market had 90 homes for sale in May 2024, a 12.5% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 34
+33.3%
2 78
+14.3%
3 2931
+6.9%
4 2530
+20.0%
5+ 1617
+6.3%

Summary: The Kingsland housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 6.3%.

Number of Homes Sold

Apr 2024May 2024CHANGE
38+166.7%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kingsland, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Kingsland in May 2024, up by 166.7% month-over-month. Of the 8 sold homes, 88% were sold under asking, 0% were sold at asking, and 13% were sold over asking.

Days on Market for Kingsland, TX

How long does it take to sell a home in Kingsland, TX?

Average Sale Time

May 2023May 2024CHANGE
49 Days69 Days+40.5%

Summary: Homes in Kingsland had an average of 69 days on market in May 2024, up by 40.5% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Kingsland has remained consistent over time.

Summary: During May 2024, 8 homes were sold in Kingsland; 25% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 38% 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 1 Day Ago

Newest Listings in Kingsland, TX

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