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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lake Bastrop Acres is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Lake Bastrop Acres has remained a Seller's Market.

Key Takeaway

Lake Bastrop Acres is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Lake Bastrop Acres, TX

How much do homes in Lake Bastrop Acres, TX cost?

Median Sold Price

$264,540

$216/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$64,541(+32.3%)

Key Takeaway

Homes in Lake Bastrop Acres have sold for 32.3% more than they did a month ago.

Summary: The median home sold price in Lake Bastrop Acres was $264,540 in October 2024, up 32.3% from last month, and the median price per square foot was $216.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $180K-
N/A
2 --
N/A
3 $287.4K$264.5K
-8.0%
4 --
N/A
5+ --
N/A

Summary: Lake Bastrop Acres housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Lake Bastrop Acres, TX

How many homes are available in Lake Bastrop Acres, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
97-22.2%

Summary: The Lake Bastrop Acres real estate market had 7 homes for sale in October 2024, a 22.2% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 00
0.0%
3 65
-16.7%
4 22
0.0%
5+ 00
0.0%

Summary: The Lake Bastrop Acres housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lake Bastrop Acres, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Lake Bastrop Acres in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Lake Bastrop Acres, TX

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

Average Sale Time

Sep 2024Oct 2024CHANGE
29 Days18 Days-36.2%

Summary: Homes in Lake Bastrop Acres had an average of 18 days on market in Oct 2024, down by 36.2% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Lake Bastrop Acres are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in Lake Bastrop Acres; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 21 Days Ago

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