Is Travis 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, Travis County was a Seller's Market.
Housing Prices in Travis County, TX
How much do homes in Travis County, TX cost?
Median Sold Price
$525,017
$291/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Travis County was $525,017 in April 2024, down 6.9% from last year, and the median price per square foot was $291.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $335K | $295K | -11.9% |
2 Bedrooms | $450K | $419.7K | -6.7% |
3 Bedrooms | $520.3K | $469.2K | -9.8% |
4 Bedrooms | $692.6K | $652.8K | -5.8% |
5+ Bedrooms | $1.1M | $1.1M | -0.4% |
Summary: Travis County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.9%, 2 bedroom homes decreased by 6.7%, 3 bedroom homes decreased by 9.8%, 4 bedroom homes decreased by 5.8%, and 5+ bedroom homes decreased by 0.4%.
Median Sold Price Compared To Nearby Counties
Blanco County | $491K | $485K | -1.2% |
Bastrop County | $393.4K | $381.2K | -3.1% |
Hays County | $450.4K | $423.4K | -6.0% |
Travis County | $563.7K | $525K | -6.9% |
Williamson County | $480K | $443.4K | -7.6% |
Housing Supply in Travis County, TX
How many homes are available in Travis County, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5,973 | 7,040 | +17.9% |
Summary: The Travis County real estate market had 7,040 homes for sale in April 2024, a 17.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 288 | 339 | +17.7% |
2 Bedrooms | 847 | 998 | +17.8% |
3 Bedrooms | 2,443 | 2,841 | +16.3% |
4 Bedrooms | 1,773 | 2,090 | +17.9% |
5+ Bedrooms | 622 | 772 | +24.1% |
Summary: The Travis County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 17.7%, 2 bedroom homes increased by 17.8%, 3 bedroom homes increased by 16.3%, 4 bedroom homes increased by 17.9%, and 5+ bedroom homes increased by 24.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1,058 | 1,061 | 0.3% |
Asking Price vs. Sold Price
642 Homes Were Sold
Under Asking
202 Homes Were Sold
At Asking
216 Homes Were Sold
Over Asking
Summary: A total of 1,061 homes were sold or pending in Travis County in April 2024, up by 0.3% month-over-month. Of the 1,060 sold homes, 61% were sold under asking, 19% were sold at asking, and 20% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
49 Days | 49 Days | +1.5% |
Summary: Homes in Travis County had an average of 49 days on market in Apr 2024, up by 1.5% compared to last year.
Breakdown of Home Sale Times
623 Homes Were Sold
Under 30 Days
232 Homes Were Sold
In 30 - 90 Days
206 Homes Were Sold
Over 90 Days
Summary: During April 2024, 1061 homes were sold in Travis County; 59% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.