Is Llano County, 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 County was a Seller's Market.
Housing Prices in Llano County, TX
How much do homes in Llano County, TX cost?
Median Sold Price
$573,475
$289/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Llano County was $573,475 in May 2024, up 2.4% from last year, and the median price per square foot was $289.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $193K | $196.8K | +2.0% |
2 Bedrooms | $340K | $399.1K | +17.4% |
3 Bedrooms | $510K | $532.5K | +4.4% |
4 Bedrooms | $1.1M | $1.3M | +16.1% |
5+ Bedrooms | $2.4M | $2.6M | +6.2% |
Summary: Llano County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2%, 2 bedroom homes increased by 17.4%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 16.1%, and 5+ bedroom homes increased by 6.2%.
Median Sold Price Compared To Nearby Counties
Burnet County | $379.8K | $399K | +5.0% |
Llano County | $559.7K | $573.4K | +2.4% |
Blanco County | $482.4K | $490K | +1.6% |
Gillespie County | $580K | $540K | -6.9% |
Housing Supply in Llano County, TX
How many homes are available in Llano County, TX?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
372 | 409 | +9.9% |
Summary: The Llano County real estate market had 409 homes for sale in May 2024, a 9.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 10 | 11 | +10.0% |
2 Bedrooms | 59 | 64 | +8.5% |
3 Bedrooms | 171 | 182 | +6.4% |
4 Bedrooms | 93 | 108 | +16.1% |
5+ Bedrooms | 39 | 44 | +12.8% |
Summary: The Llano County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 10%, 2 bedroom homes increased by 8.5%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 16.1%, and 5+ bedroom homes increased by 12.8%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
38 | 30 | -21.1% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 30 homes were sold or pending in Llano County in May 2024, down by 21.1% month-over-month. Of the 29 sold homes, 83% were sold under asking, 7% were sold at asking, and 10% were sold over asking.
Days on Market for Llano County, TX
How long does it take to sell a home in Llano County, TX?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
61 Days | 84 Days | +37.4% |
Summary: Homes in Llano County had an average of 84 days on market in May 2024, up by 37.4% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During May 2024, 30 homes were sold in Llano County; 33% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.