Is Cedar Park-Liberty Hill, 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, Cedar Park-Liberty Hill has remained a Seller's Market.
Housing Prices in Cedar Park-Liberty Hill, TX
How much do homes in Cedar Park-Liberty Hill, TX cost?
Median Sold Price
$449,979
$219/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Cedar Park-Liberty Hill was $449,979 in May 2024, down 5.5% from last year, and the median price per square foot was $219.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $351K | $327K | -6.8% |
3 Bedrooms | $413.4K | $393.9K | -4.7% |
4 Bedrooms | $524.9K | $496.6K | -5.4% |
5+ Bedrooms | $714K | $632K | -11.5% |
Summary: Cedar Park-Liberty Hill 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 6.8%, 3 bedroom homes decreased by 4.7%, 4 bedroom homes decreased by 5.4%, and 5+ bedroom homes decreased by 11.5%.
Median Sold Price Compared To Nearby Cities
Cedar Park | $515.3K | $497.8K | -3.4% |
Round Rock-Georgetown | $483.2K | $460K | -4.8% |
Cedar Park-Liberty Hill | $476.3K | $449.9K | -5.5% |
Leander | $499.1K | $469.2K | -6.0% |
Leander | $497.9K | $462.6K | -7.1% |
Housing Supply in Cedar Park-Liberty Hill, TX
How many homes are available in Cedar Park-Liberty Hill, TX?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
893 | 1,004 | +12.4% |
Summary: The Cedar Park-Liberty Hill real estate market had 1,004 homes for sale in May 2024, a 12.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 16 | 18 | +12.5% |
3 Bedrooms | 355 | 419 | +18.0% |
4 Bedrooms | 407 | 438 | +7.6% |
5+ Bedrooms | 114 | 128 | +12.3% |
Summary: The Cedar Park-Liberty Hill 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 12.5%, 3 bedroom homes increased by 18%, 4 bedroom homes increased by 7.6%, and 5+ bedroom homes increased by 12.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
203 | 181 | -10.8% |
Asking Price vs. Sold Price
97 Homes Were Sold
Under Asking
38 Homes Were Sold
At Asking
46 Homes Were Sold
Over Asking
Summary: A total of 181 homes were sold or pending in Cedar Park-Liberty Hill in May 2024, down by 10.8% month-over-month. Of the 181 sold homes, 54% were sold under asking, 21% were sold at asking, and 25% were sold over asking.
Days on Market for Cedar Park-Liberty Hill, TX
How long does it take to sell a home in Cedar Park-Liberty Hill, TX?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
52 Days | 29 Days | -43.2% |
Summary: Homes in Cedar Park-Liberty Hill had an average of 29 days on market in May 2024, down by 43.2% compared to last year.
Breakdown of Home Sale Times
123 Homes Were Sold
Under 30 Days
44 Homes Were Sold
In 30 - 90 Days
14 Homes Were Sold
Over 90 Days
Summary: During May 2024, 181 homes were sold in Cedar Park-Liberty Hill; 68% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.