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 neutral's market

Buyer's
Market

Difference Since December 2023

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

Key Takeaway

Round Rock is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Round Rock, TX

How much do homes in Round Rock, TX cost?

Median Sold Price

$434,829

$212/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$5,294(-1.2%)

Key Takeaway

Homes in Round Rock have sold for 1.2% less than they did a year ago.

Summary: The median home sold price in Round Rock was $434,829 in December 2024, down 1.2% from last year, and the median price per square foot was $212.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $374.9K$453.2K
+20.9%
2 $376.5K$344.9K
-8.4%
3 $375K$374.8K
-0.1%
4 $510.8K$496.6K
-2.8%
5+ $630K$632K
0.3%

Summary: Round Rock housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.9%, 2 bedroom homes decreased by 8.4%, 3 bedroom homes decreased by 0.1%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes increased by 0.3%.

Median Sold Price Compared To Nearby Cities

Georgetown
+2.2%
Northeast Travis
0.0%
Round Rock-Georgetown
-0.3%
Round Rock
-1.2%
Pflugerville
-5.9%

Housing Supply in Round Rock, TX

How many homes are available in Round Rock, TX?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
697664-4.7%

Summary: The Round Rock real estate market had 664 homes for sale in December 2024, a 4.7% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 12
+100.0%
2 3531
-11.4%
3 315289
-8.3%
4 269266
-1.1%
5+ 7776
-1.3%

Summary: The Round Rock housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 11.4%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes decreased by 1.3%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
115109-5.2%

Asking Price vs. Sold Price

73 Homes Were Sold
Under Asking

25 Homes Were Sold
At Asking

11 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. 67% of homes here sold below asking price last month.

Summary: A total of 109 homes were sold or pending in Round Rock in December 2024, down by 5.2% month-over-month. Of the 109 sold homes, 67% were sold under asking, 23% 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

Dec 2023Dec 2024CHANGE
57 Days60 Days+5.8%

Summary: Homes in Round Rock had an average of 60 days on market in Dec 2024, up by 5.8% compared to last year.

Breakdown of Home Sale Times

48 Homes Were Sold
Under 30 Days

34 Homes Were Sold
In 30 - 90 Days

27 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 December 2024, 109 homes were sold in Round Rock; 44% of homes were sold within 30 days, 31% 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 11 Days Ago

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