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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Travis County is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Travis County, TX

How much do homes in Travis County, TX cost?

Median Sold Price

$524,932

$288/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$1,878(+0.4%)

Key Takeaway

The sold price of homes in Travis County has remained the same since last year.

Summary: The median home sold price in Travis County was $524,932 in November 2024, up 0.4% from last year, and the median price per square foot was $288.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $302.3K$280K
-7.4%
2 $424.9K$401.1K
-5.6%
3 $470.6K$464.3K
-1.3%
4 $634.8K$666.2K
+4.9%
5+ $1.0M$1.1M
+8.0%

Summary: Travis County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.4%, 2 bedroom homes decreased by 5.6%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes increased by 8%.

Median Sold Price Compared To Nearby Counties

Blanco County
+4.9%
Travis County
0.4%
Williamson County
-0.6%
Bastrop County
-0.7%
Hays County
-3.6%

Housing Supply in Travis County, TX

How many homes are available in Travis County, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6,2186,213-0.1%

Summary: The Travis County real estate market had 6,213 homes for sale in November 2024, a 0.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 271297
+9.6%
2 802836
+4.2%
3 2,5802,603
+0.9%
4 1,9161,831
-4.4%
5+ 649646
-0.5%

Summary: The Travis County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 9.6%, 2 bedroom homes increased by 4.2%, 3 bedroom homes increased by 0.9%, 4 bedroom homes decreased by 4.4%, and 5+ bedroom homes decreased by 0.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
875726-17.0%

Asking Price vs. Sold Price

519 Homes Were Sold
Under Asking

125 Homes Were Sold
At Asking

81 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Travis County, you may be able to get a good deal. 71.6% of homes here sold below asking price last month.

Summary: A total of 726 homes were sold or pending in Travis County in November 2024, down by 17.0% month-over-month. Of the 725 sold homes, 72% were sold under asking, 17% were sold at asking, and 11% were sold over asking.

Days on Market for Travis County, TX

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

Average Sale Time

Nov 2023Nov 2024CHANGE
61 Days74 Days+22.3%

Summary: Homes in Travis County had an average of 74 days on market in Nov 2024, up by 22.3% compared to last year.

Breakdown of Home Sale Times

256 Homes Were Sold
Under 30 Days

229 Homes Were Sold
In 30 - 90 Days

240 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 726 homes were sold in Travis County; 35% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 33% 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 2 Days Ago

Newest Listings in Travis County, TX

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