Is Hays County, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Hays County was a Seller's Market.
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
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
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $470K | $475K | +1.1% |
2 Bedrooms | $360K | $395K | +9.7% |
3 Bedrooms | $385.9K | $360.2K | -6.7% |
4 Bedrooms | $499.9K | $501.1K | 0.2% |
5+ Bedrooms | $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 | $482.4K | $490K | +1.6% |
Guadalupe County | $339.9K | $334.1K | -1.7% |
Hays County | $431.9K | $420.3K | -2.7% |
Travis County | $544K | $525.6K | -3.4% |
Caldwell County | $325.8K | $308K | -5.5% |
Housing Supply in Hays County, TX
How many homes are available in Hays County, TX?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2,118 | 2,406 | +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
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 13 | +62.5% |
2 Bedrooms | 98 | 115 | +17.3% |
3 Bedrooms | 882 | 974 | +10.4% |
4 Bedrooms | 898 | 1,020 | +13.6% |
5+ Bedrooms | 232 | 284 | +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 2024 | May 2024 | CHANGE |
---|---|---|
303 | 350 | +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
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 2023 | May 2024 | CHANGE |
---|---|---|
64 Days | 72 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
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.