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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Llano County is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Llano County, TX

How much do homes in Llano County, TX cost?

Median Sold Price

$566,000

$289/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$6,000(+1.1%)

Key Takeaway

Homes in Llano County have sold for 1.1% more than they did a year ago.

Summary: The median home sold price in Llano County was $566,000 in October 2024, up 1.1% from last year, and the median price per square foot was $289.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $197.1K$196.8K
-0.2%
2 $360K$400K
+11.1%
3 $523K$515K
-1.5%
4 $1.1M$1.1M
-4.1%
5+ $2.6M$2.9M
+12.5%

Summary: Llano County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.2%, 2 bedroom homes increased by 11.1%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes decreased by 4.1%, and 5+ bedroom homes increased by 12.5%.

Median Sold Price Compared To Nearby Counties

Gillespie County
+8.1%
Blanco County
+7.3%
Llano County
+1.1%
Burnet County
-1.6%

Housing Supply in Llano County, TX

How many homes are available in Llano County, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
339381+12.4%

Summary: The Llano County real estate market had 381 homes for sale in October 2024, a 12.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1211
-8.3%
2 5761
+7.0%
3 145161
+11.0%
4 8398
+18.1%
5+ 4250
+19.0%

Summary: The Llano County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 8.3%, 2 bedroom homes increased by 7%, 3 bedroom homes increased by 11%, 4 bedroom homes increased by 18.1%, and 5+ bedroom homes increased by 19%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2630+15.4%

Asking Price vs. Sold Price

24 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Llano County, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 30 homes were sold or pending in Llano County in October 2024, up by 15.4% month-over-month. Of the 30 sold homes, 80% were sold under asking, 17% were sold at asking, and 3% were sold over asking.

Days on Market for Llano County, TX

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

Average Sale Time

Oct 2023Oct 2024CHANGE
83 Days138 Days+65.3%

Summary: Homes in Llano County had an average of 138 days on market in Oct 2024, up by 65.3% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

19 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 30 homes were sold in Llano County; 13% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 63% 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 Llano County, TX

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