Is Round Rock, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Round Rock is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Round Rock has remained a Seller's Market.

Key Takeaway

Round Rock is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Round Rock, TX

How much do homes in Round Rock, TX cost?

Median Sold Price

$435,653

$213/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$8,146(-1.8%)

Key Takeaway

Homes in Round Rock have sold for 1.8% less than they did a year ago.

Summary: The median home sold price in Round Rock was $435,653 in October 2024, down 1.8% from last year, and the median price per square foot was $213.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$453.2K
N/A
2 $379K$347.4K
-8.3%
3 $379.8K$374.8K
-1.3%
4 $509.8K$499.4K
-2.0%
5+ $641.2K$629.9K
-1.8%

Summary: Round Rock housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 8.3%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes decreased by 1.8%.

Median Sold Price Compared To Nearby Cities

Georgetown
+0.6%
Round Rock-Georgetown
-1.2%
Round Rock
-1.8%
Northeast Travis
-2.6%
Pflugerville
-4.7%

Housing Supply in Round Rock, TX

How many homes are available in Round Rock, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
758800+5.5%

Summary: The Round Rock real estate market had 800 homes for sale in October 2024, a 5.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 21
-50.0%
2 3338
+15.2%
3 331353
+6.6%
4 305320
+4.9%
5+ 8788
+1.1%

Summary: The Round Rock housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 15.2%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes increased by 1.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
123134+8.9%

Asking Price vs. Sold Price

97 Homes Were Sold
Under Asking

23 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Round Rock, you may be able to get a good deal. 72.4% of homes here sold below asking price last month.

Summary: A total of 134 homes were sold or pending in Round Rock in October 2024, up by 8.9% month-over-month. Of the 134 sold homes, 72% were sold under asking, 17% were sold at asking, and 10% were sold over asking.

Days on Market for Round Rock, TX

How long does it take to sell a home in Round Rock, TX?

Average Sale Time

Oct 2023Oct 2024CHANGE
51 Days62 Days+22.6%

Summary: Homes in Round Rock had an average of 62 days on market in Oct 2024, up by 22.6% compared to last year.

Breakdown of Home Sale Times

39 Homes Were Sold
Under 30 Days

62 Homes Were Sold
In 30 - 90 Days

33 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Round Rock has remained consistent over time.

Summary: During October 2024, 134 homes were sold in Round Rock; 29% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 25% 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 16 Days Ago

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