$220,000
1.15 Acres
Land
Zina Rodenbeck, Listing Office: Zina & Co. Real Estate
Is Burnet County, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Burnet County was a Seller's Market.
Key Takeaway
Burnet County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Burnet County, TX
How much do homes in Burnet County, TX cost?
Median Sold Price
$374,248
$225/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$16,001(-4.1%)
Key Takeaway
Homes in Burnet County have sold for 4.1% less than they did a year ago.
Summary: The median home sold price in Burnet County was $374,248 in November 2024, down 4.1% from last year, and the median price per square foot was $225.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $172.7K | $217.5K | +25.9% |
| 2 Bedrooms | $311.2K | $250K | -19.7% |
| 3 Bedrooms | $359K | $357.7K | -0.3% |
| 4 Bedrooms | $586.3K | $486.5K | -17.0% |
| 5+ Bedrooms | $764.5K | $1.6M | +109.3% |
Summary: Burnet County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25.9%, 2 bedroom homes decreased by 19.7%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes decreased by 17%, and 5+ bedroom homes increased by 109.3%.
Median Sold Price Compared To Nearby Counties
| Llano County | $548.8K | $581K | +5.9% |
| Travis County | $523K | $524.9K | 0.4% |
| Williamson County | $440.1K | $437.5K | -0.6% |
| Burnet County | $390.2K | $374.2K | -4.1% |
| Lampasas County | $345K | $330.5K | -4.2% |
Housing Supply in Burnet County, TX
How many homes are available in Burnet County, TX?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 374 | 401 | +7.2% |
Summary: The Burnet County real estate market had 401 homes for sale in November 2024, a 7.2% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 10 | +11.1% |
| 2 Bedrooms | 44 | 47 | +6.8% |
| 3 Bedrooms | 193 | 209 | +8.3% |
| 4 Bedrooms | 105 | 110 | +4.8% |
| 5+ Bedrooms | 23 | 25 | +8.7% |
Summary: The Burnet County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.1%, 2 bedroom homes increased by 6.8%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 8.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 42 | 42 | 0.0% |
Asking Price vs. Sold Price
30 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Burnet County, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 42 homes were sold or pending in Burnet County in November 2024, the same as the previous month. Of the 40 sold homes, 75% were sold under asking, 20% were sold at asking, and 5% were sold over asking.
Days on Market for Burnet County, TX
How long does it take to sell a home in Burnet County, TX?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 75 Days | 80 Days | +6.3% |
Summary: Homes in Burnet County had an average of 80 days on market in Nov 2024, up by 6.3% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
16 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Burnet County are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 42 homes were sold in Burnet County; 33% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price. 
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