Is Northeast Travis, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Northeast Travis is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Northeast Travis has remained a Seller's Market.

Key Takeaway

Northeast Travis is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Northeast Travis, TX

How much do homes in Northeast Travis, TX cost?

Median Sold Price

$393,110

$201/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$26,775(-6.4%)

Key Takeaway

Homes in Northeast Travis have sold for 6.4% less than they did a year ago.

Summary: The median home sold price in Northeast Travis was $393,110 in May 2024, down 6.4% from last year, and the median price per square foot was $201.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $219.6K-
N/A
2 $307K$295K
-3.9%
3 $376.2K$354.3K
-5.8%
4 $459.9K$429.8K
-6.5%
5+ $563.5K$540.2K
-4.1%

Summary: Northeast Travis 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 3.9%, 3 bedroom homes decreased by 5.8%, 4 bedroom homes decreased by 6.5%, and 5+ bedroom homes decreased by 4.1%.

Median Sold Price Compared To Nearby Cities

Round Rock
-1.8%
Pflugerville
-6.1%
Manor
-6.2%
Northeast Travis
-6.4%

Housing Supply in Northeast Travis, TX

How many homes are available in Northeast Travis, TX?

Number of Homes For Sale

Apr 2024May 2024CHANGE
673807+19.9%

Summary: The Northeast Travis real estate market had 807 homes for sale in May 2024, a 19.9% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 1010
0.0%
3 322382
+18.6%
4 283343
+21.2%
5+ 5872
+24.1%

Summary: The Northeast Travis 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 remained the same, 3 bedroom homes increased by 18.6%, 4 bedroom homes increased by 21.2%, and 5+ bedroom homes increased by 24.1%.

Number of Homes Sold

Apr 2024May 2024CHANGE
143140-2.1%

Asking Price vs. Sold Price

73 Homes Were Sold
Under Asking

35 Homes Were Sold
At Asking

32 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Northeast Travis, you may be able to get a good deal. 52.1% of homes here sold below asking price last month.

Summary: A total of 140 homes were sold or pending in Northeast Travis in May 2024, down by 2.1% month-over-month. Of the 140 sold homes, 52% were sold under asking, 25% were sold at asking, and 23% were sold over asking.

Days on Market for Northeast Travis, TX

How long does it take to sell a home in Northeast Travis, TX?

Average Sale Time

May 2023May 2024CHANGE
55 Days38 Days-31.7%

Summary: Homes in Northeast Travis had an average of 38 days on market in May 2024, down by 31.7% compared to last year.

Breakdown of Home Sale Times

83 Homes Were Sold
Under 30 Days

41 Homes Were Sold
In 30 - 90 Days

16 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 140 homes were sold in Northeast Travis; 59% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 11% 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 1 Day Ago

Newest Listings in Northeast Travis, TX

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