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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lampasas County is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, Lampasas County has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Lampasas County, TX

How much do homes in Lampasas County, TX cost?

Median Sold Price

$330,500

$198/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$14,500(-4.2%)

Key Takeaway

Homes in Lampasas County have sold for 4.2% less than they did a year ago.

Summary: The median home sold price in Lampasas County was $330,500 in November 2024, down 4.2% from last year, and the median price per square foot was $198.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$254.9K
N/A
2 $316.9K$308K
-2.8%
3 $315K$291K
-7.6%
4 $464.9K$390K
-16.1%
5+ $510K$412.5K
-19.1%

Summary: Lampasas County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.8%, 3 bedroom homes decreased by 7.6%, 4 bedroom homes decreased by 16.1%, and 5+ bedroom homes decreased by 19.1%.

Median Sold Price Compared To Nearby Counties

Coryell County
+1.0%
Burnet County
-4.1%
Lampasas County
-4.2%

Housing Supply in Lampasas County, TX

How many homes are available in Lampasas County, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
150167+11.3%

Summary: The Lampasas County real estate market had 167 homes for sale in November 2024, a 11.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 34
+33.3%
2 2324
+4.3%
3 7379
+8.2%
4 4151
+24.4%
5+ 109
-10.0%

Summary: The Lampasas County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 4.3%, 3 bedroom homes increased by 8.2%, 4 bedroom homes increased by 24.4%, and 5+ bedroom homes decreased by 10%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
104-60.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lampasas County, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Lampasas County in November 2024, down by 60.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Lampasas County, TX

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

Average Sale Time

Nov 2023Nov 2024CHANGE
121 Days115 Days-5.1%

Summary: Homes in Lampasas County had an average of 115 days on market in Nov 2024, down by 5.1% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 4 homes were sold in Lampasas County; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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

Newest Listings in Lampasas County, TX

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