Is Lampasas 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, Lampasas County was a Seller's Market.
Key Takeaway
Lampasas 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 Lampasas County, TX
How much do homes in Lampasas County, TX cost?
Median Sold Price
$337,500
$192/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Lampasas County have sold for 3.5% less than they did a year ago.
Summary: The median home sold price in Lampasas County was $337,500 in May 2024, down 3.5% from last year, and the median price per square foot was $192.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $486.9K | - | N/A |
| 2 Bedrooms | $275K | $220K | -20.0% |
| 3 Bedrooms | $312.5K | $294.9K | -5.6% |
| 4 Bedrooms | $453K | $439.9K | -2.9% |
| 5+ Bedrooms | $499.5K | $715K | +43.1% |
Summary: Lampasas 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 20%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes increased by 43.1%.
Median Sold Price Compared To Nearby Counties
| Burnet County | $379.8K | $399K | +5.0% |
| Coryell County | $256K | $252.5K | -1.4% |
| Lampasas County | $349.9K | $337.5K | -3.5% |
Housing Supply in Lampasas County, TX
How many homes are available in Lampasas County, TX?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 70 | 79 | +12.9% |
Summary: The Lampasas County real estate market had 79 homes for sale in May 2024, a 12.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 6 | 7 | +16.7% |
| 3 Bedrooms | 32 | 37 | +15.6% |
| 4 Bedrooms | 30 | 32 | +6.7% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Lampasas County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 15.6%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 8 | 12 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lampasas County, expect to pay close to the asking price. 45.5% of homes here sold near the asking price last month.
Summary: A total of 12 homes were sold or pending in Lampasas County in May 2024, up by 50.0% month-over-month. Of the 11 sold homes, 27% were sold under asking, 45% were sold at asking, and 27% were sold over asking.
Days on Market for Lampasas County, TX
How long does it take to sell a home in Lampasas County, TX?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 91 Days | 117 Days | +28.1% |
Summary: Homes in Lampasas County had an average of 117 days on market in May 2024, up by 28.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Lampasas County has remained consistent over time.
Summary: During May 2024, 12 homes were sold in Lampasas County; 8% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 42% of homes were sold over 90 days.
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price. 
Listings courtesy of Unlock MLS as distributed by MLS GRID.
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