Is Round Rock, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Round Rock has remained a Seller's Market.
Housing Prices in Round Rock, TX
How much do homes in Round Rock, TX cost?
Median Sold Price
$441,926
$215/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Round Rock was $441,926 in May 2024, down 1.8% from last year, and the median price per square foot was $215.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $255K | $454.4K | +78.2% |
2 Bedrooms | $345K | $369.9K | +7.2% |
3 Bedrooms | $392.5K | $375K | -4.5% |
4 Bedrooms | $520K | $512.9K | -1.4% |
5+ Bedrooms | $701.5K | $615K | -12.3% |
Summary: Round Rock housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 78.2%, 2 bedroom homes increased by 7.2%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes decreased by 12.3%.
Median Sold Price Compared To Nearby Cities
Georgetown | $455K | $449.6K | -1.2% |
Round Rock | $450K | $441.9K | -1.8% |
Round Rock-Georgetown | $483.2K | $460K | -4.8% |
Pflugerville | $433.7K | $407K | -6.1% |
Northeast Travis | $419.8K | $393.1K | -6.4% |
Housing Supply in Round Rock, TX
How many homes are available in Round Rock, TX?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
653 | 774 | +18.5% |
Summary: The Round Rock real estate market had 774 homes for sale in May 2024, a 18.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 39 | 40 | +2.6% |
3 Bedrooms | 271 | 332 | +22.5% |
4 Bedrooms | 266 | 305 | +14.7% |
5+ Bedrooms | 77 | 97 | +26.0% |
Summary: The Round Rock housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 2.6%, 3 bedroom homes increased by 22.5%, 4 bedroom homes increased by 14.7%, and 5+ bedroom homes increased by 26%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
164 | 171 | +4.3% |
Asking Price vs. Sold Price
93 Homes Were Sold
Under Asking
42 Homes Were Sold
At Asking
36 Homes Were Sold
Over Asking
Summary: A total of 171 homes were sold or pending in Round Rock in May 2024, up by 4.3% month-over-month. Of the 171 sold homes, 54% were sold under asking, 25% were sold at asking, and 21% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
59 Days | 26 Days | -56.0% |
Summary: Homes in Round Rock had an average of 26 days on market in May 2024, down by 56% compared to last year.
Breakdown of Home Sale Times
125 Homes Were Sold
Under 30 Days
35 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Summary: During May 2024, 171 homes were sold in Round Rock; 73% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.