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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hays County is a neutral's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

Hays County 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 Hays County, TX

How much do homes in Hays County, TX cost?

Median Sold Price

$420,348

$211/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$11,579(-2.7%)

Key Takeaway

Homes in Hays County have sold for 2.7% less than they did a year ago.

Summary: The median home sold price in Hays County was $420,348 in May 2024, down 2.7% from last year, and the median price per square foot was $211.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $470K$475K
+1.1%
2 $360K$395K
+9.7%
3 $385.9K$360.2K
-6.7%
4 $499.9K$501.1K
0.2%
5+ $793.3K$717.5K
-9.6%

Summary: Hays County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.1%, 2 bedroom homes increased by 9.7%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes increased by 0.2%, and 5+ bedroom homes decreased by 9.6%.

Median Sold Price Compared To Nearby Counties

Blanco County
+1.6%
Guadalupe County
-1.7%
Hays County
-2.7%
Travis County
-3.4%
Caldwell County
-5.5%

Housing Supply in Hays County, TX

How many homes are available in Hays County, TX?

Number of Homes For Sale

Apr 2024May 2024CHANGE
2,1182,406+13.6%

Summary: The Hays County real estate market had 2,406 homes for sale in May 2024, a 13.6% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 813
+62.5%
2 98115
+17.3%
3 882974
+10.4%
4 8981,020
+13.6%
5+ 232284
+22.4%

Summary: The Hays County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 62.5%, 2 bedroom homes increased by 17.3%, 3 bedroom homes increased by 10.4%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes increased by 22.4%.

Number of Homes Sold

Apr 2024May 2024CHANGE
303350+15.5%

Asking Price vs. Sold Price

211 Homes Were Sold
Under Asking

94 Homes Were Sold
At Asking

45 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hays County, you may be able to get a good deal. 60.3% of homes here sold below asking price last month.

Summary: A total of 350 homes were sold or pending in Hays County in May 2024, up by 15.5% month-over-month. Of the 350 sold homes, 60% were sold under asking, 27% were sold at asking, and 13% were sold over asking.

Days on Market for Hays County, TX

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

Average Sale Time

May 2023May 2024CHANGE
64 Days72 Days+13.1%

Summary: Homes in Hays County had an average of 72 days on market in May 2024, up by 13.1% compared to last year.

Breakdown of Home Sale Times

146 Homes Were Sold
Under 30 Days

116 Homes Were Sold
In 30 - 90 Days

88 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 350 homes were sold in Hays County; 42% of homes were sold within 30 days, 33% 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 8 Days Ago

Newest Listings in Hays County, TX

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