Is Llano North, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Llano North was a Seller's Market.
Housing Prices in Llano North, TX
How much do homes in Llano North, TX cost?
Median Sold Price
$442,500
$226/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Llano North was $442,500 in May 2024, up 6.1% from last year, and the median price per square foot was $226.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $180K | $190K | +5.6% |
2 Bedrooms | $285K | $330K | +15.8% |
3 Bedrooms | $392.5K | $507.5K | +29.3% |
4 Bedrooms | $1.3M | $755.7K | -45.9% |
5+ Bedrooms | $3.1M | $1.8M | -42.5% |
Summary: Llano North housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.6%, 2 bedroom homes increased by 15.8%, 3 bedroom homes increased by 29.3%, 4 bedroom homes decreased by 45.9%, and 5+ bedroom homes decreased by 42.5%.
Median Sold Price Compared To Nearby Cities
Llano South | $647K | $750K | +15.9% |
Llano North | $417K | $442.5K | +6.1% |
Kingsland | $650K | $670K | +3.1% |
Housing Supply in Llano North, TX
How many homes are available in Llano North, TX?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
82 | 95 | +15.9% |
Summary: The Llano North real estate market had 95 homes for sale in May 2024, a 15.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 5 | +25.0% |
2 Bedrooms | 11 | 14 | +27.3% |
3 Bedrooms | 37 | 39 | +5.4% |
4 Bedrooms | 20 | 26 | +30.0% |
5+ Bedrooms | 10 | 11 | +10.0% |
Summary: The Llano North housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 27.3%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 30%, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
5 | 10 | +100.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Llano North in May 2024, up by 100.0% month-over-month. Of the 10 sold homes, 90% were sold under asking, 0% were sold at asking, and 10% were sold over asking.
Days on Market for Llano North, TX
How long does it take to sell a home in Llano North, TX?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
24 Days | 80 Days | +228.7% |
Summary: Homes in Llano North had an average of 80 days on market in May 2024, up by 228.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During May 2024, 10 homes were sold in Llano North; 20% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.