Is Bastrop County, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bastrop County is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Bastrop County, TX

How much do homes in Bastrop County, TX cost?

Median Sold Price

$368,391

$206/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$1,590(-0.4%)

Key Takeaway

The sold price of homes in Bastrop County has remained the same since last year.

Summary: The median home sold price in Bastrop County was $368,391 in October 2024, down 0.4% from last year, and the median price per square foot was $206.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $272.5K$180K
-33.9%
2 $300K$275K
-8.3%
3 $349.9K$340K
-2.8%
4 $410K$430K
+4.9%
5+ $575K$472.4K
-17.8%

Summary: Bastrop County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 33.9%, 2 bedroom homes decreased by 8.3%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes decreased by 17.8%.

Median Sold Price Compared To Nearby Counties

Lee County
+11.9%
Fayette County
+3.9%
Travis County
0.0%
Bastrop County
-0.4%
Williamson County
-0.9%

Housing Supply in Bastrop County, TX

How many homes are available in Bastrop County, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
641668+4.2%

Summary: The Bastrop County real estate market had 668 homes for sale in October 2024, a 4.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 117
-36.4%
2 4043
+7.5%
3 333339
+1.8%
4 214232
+8.4%
5+ 4347
+9.3%

Summary: The Bastrop County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 36.4%, 2 bedroom homes increased by 7.5%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes increased by 9.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
7581+8.0%

Asking Price vs. Sold Price

50 Homes Were Sold
Under Asking

19 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bastrop County, you may be able to get a good deal. 61.7% of homes here sold below asking price last month.

Summary: A total of 81 homes were sold or pending in Bastrop County in October 2024, up by 8.0% month-over-month. Of the 81 sold homes, 62% were sold under asking, 23% were sold at asking, and 15% were sold over asking.

Days on Market for Bastrop County, TX

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

Average Sale Time

Oct 2023Oct 2024CHANGE
73 Days83 Days+14.1%

Summary: Homes in Bastrop County had an average of 83 days on market in Oct 2024, up by 14.1% compared to last year.

Breakdown of Home Sale Times

24 Homes Were Sold
Under 30 Days

33 Homes Were Sold
In 30 - 90 Days

24 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Bastrop County has remained consistent over time.

Summary: During October 2024, 81 homes were sold in Bastrop County; 30% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 30% 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 20 Days Ago

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