Is Liberty Hill, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Liberty Hill is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Liberty Hill was a Seller's Market.

Key Takeaway

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

Housing Prices in Liberty Hill, TX

How much do homes in Liberty Hill, TX cost?

Median Sold Price

$553,133

$214/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$16,634(+3.1%)

Key Takeaway

Homes in Liberty Hill have sold for 3.1% more than they did a year ago.

Summary: The median home sold price in Liberty Hill was $553,133 in November 2024, up 3.1% from last year, and the median price per square foot was $214.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $545K-
N/A
2 $430K$492.1K
+14.4%
3 $385K$395.5K
+2.7%
4 $589K$609.9K
+3.5%
5+ $796.5K$655K
-17.8%

Summary: Liberty Hill 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 increased by 14.4%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes decreased by 17.8%.

Median Sold Price Compared To Nearby Cities

Liberty Hill
+3.1%
Cedar Park-Liberty Hill
-0.6%
Round Rock-Georgetown
-1.0%

Housing Supply in Liberty Hill, TX

How many homes are available in Liberty Hill, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
372369-0.8%

Summary: The Liberty Hill real estate market had 369 homes for sale in November 2024, a 0.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1311
-15.4%
3 10094
-6.0%
4 184194
+5.4%
5+ 7570
-6.7%

Summary: The Liberty Hill housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 15.4%, 3 bedroom homes decreased by 6%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes decreased by 6.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4541-8.9%

Asking Price vs. Sold Price

35 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Liberty Hill, you may be able to get a good deal. 85.4% of homes here sold below asking price last month.

Summary: A total of 41 homes were sold or pending in Liberty Hill in November 2024, down by 8.9% month-over-month. Of the 41 sold homes, 85% were sold under asking, 10% were sold at asking, and 5% were sold over asking.

Days on Market for Liberty Hill, TX

How long does it take to sell a home in Liberty Hill, TX?

Average Sale Time

Nov 2023Nov 2024CHANGE
143 Days88 Days-38.5%

Summary: Homes in Liberty Hill had an average of 88 days on market in Nov 2024, down by 38.5% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

14 Homes Were Sold
In 30 - 90 Days

16 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Liberty Hill are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 41 homes were sold in Liberty Hill; 27% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 39% 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 17 Days Ago

Newest Listings in Liberty Hill, TX

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