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 buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Round Rock was a Seller's Market.

Key Takeaway

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

Housing Prices in Round Rock, TX

How much do homes in Round Rock, TX cost?

Median Sold Price

$434,133

$213/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$8,451(-1.9%)

Key Takeaway

Homes in Round Rock have sold for 1.9% less than they did a year ago.

Summary: The median home sold price in Round Rock was $434,133 in November 2024, down 1.9% from last year, and the median price per square foot was $213.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $499.9K$451.9K
-9.6%
2 $380.5K$345K
-9.3%
3 $377.5K$373.4K
-1.1%
4 $505K$499K
-1.2%
5+ $639.5K$631.1K
-1.3%

Summary: Round Rock housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.6%, 2 bedroom homes decreased by 9.3%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes decreased by 1.3%.

Median Sold Price Compared To Nearby Cities

Georgetown
+1.3%
Round Rock-Georgetown
-1.0%
Round Rock
-1.9%
Northeast Travis
-2.7%
Pflugerville
-4.2%

Housing Supply in Round Rock, TX

How many homes are available in Round Rock, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
768755-1.7%

Summary: The Round Rock real estate market had 755 homes for sale in November 2024, a 1.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 4241
-2.4%
3 339333
-1.8%
4 302295
-2.3%
5+ 8485
+1.2%

Summary: The Round Rock 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 2.4%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes increased by 1.2%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
136100-26.5%

Asking Price vs. Sold Price

68 Homes Were Sold
Under Asking

20 Homes Were Sold
At Asking

12 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. 68% of homes here sold below asking price last month.

Summary: A total of 100 homes were sold or pending in Round Rock in November 2024, down by 26.5% month-over-month. Of the 100 sold homes, 68% were sold under asking, 20% were sold at asking, and 12% 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

Nov 2023Nov 2024CHANGE
49 Days58 Days+17.9%

Summary: Homes in Round Rock had an average of 58 days on market in Nov 2024, up by 17.9% compared to last year.

Breakdown of Home Sale Times

40 Homes Were Sold
Under 30 Days

35 Homes Were Sold
In 30 - 90 Days

25 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Round Rock are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 100 homes were sold in Round Rock; 40% of homes were sold within 30 days, 35% 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 17 Days Ago

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