Is Blanco County, 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, Blanco County has remained a Buyer's Market.
Housing Prices in Blanco County, TX
How much do homes in Blanco County, TX cost?
Median Sold Price
$490,000
$264/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Blanco County was $490,000 in May 2024, up 1.6% from last year, and the median price per square foot was $264.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $420K | N/A |
2 Bedrooms | $382.5K | $375K | -2.0% |
3 Bedrooms | $469.4K | $472.5K | +0.6% |
4 Bedrooms | $507.5K | $605K | +19.2% |
5+ Bedrooms | $1.2M | $775K | -35.4% |
Summary: Blanco County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2%, 3 bedroom homes increased by 0.6%, 4 bedroom homes increased by 19.2%, and 5+ bedroom homes decreased by 35.4%.
Median Sold Price Compared To Nearby Counties
Burnet County | $379.8K | $399K | +5.0% |
Llano County | $559.7K | $573.4K | +2.4% |
Blanco County | $482.4K | $490K | +1.6% |
Hays County | $431.9K | $420.3K | -2.7% |
Gillespie County | $580K | $540K | -6.9% |
Housing Supply in Blanco County, TX
How many homes are available in Blanco County, TX?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
143 | 176 | +23.1% |
Summary: The Blanco County real estate market had 176 homes for sale in May 2024, a 23.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 4 | 0.0% |
2 Bedrooms | 8 | 11 | +37.5% |
3 Bedrooms | 90 | 115 | +27.8% |
4 Bedrooms | 30 | 34 | +13.3% |
5+ Bedrooms | 11 | 12 | +9.1% |
Summary: The Blanco County 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 37.5%, 3 bedroom homes increased by 27.8%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 9.1%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
9 | 11 | +22.2% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Blanco County in May 2024, up by 22.2% month-over-month. Of the 11 sold homes, 82% were sold under asking, 18% were sold at asking, and 0% were sold over asking.
Days on Market for Blanco County, TX
How long does it take to sell a home in Blanco County, TX?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
79 Days | 68 Days | -13.8% |
Summary: Homes in Blanco County had an average of 68 days on market in May 2024, down by 13.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 11 homes were sold in Blanco County; 18% of homes were sold within 30 days, 55% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.