Is Blanco County, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Blanco County is a buyer's market

Buyer's
Market

Difference Since May 2023

Since last year, Blanco County has remained a Buyer's Market.

Key Takeaway

Blanco County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

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

+$7,600(+1.6%)

Key Takeaway

Homes in Blanco County have sold for 1.6% more than they did a year ago.

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

# BEDSMay 2023May 2024CHANGE
1 -$420K
N/A
2 $382.5K$375K
-2.0%
3 $469.4K$472.5K
+0.6%
4 $507.5K$605K
+19.2%
5+ $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
+5.0%
Llano County
+2.4%
Blanco County
+1.6%
Hays County
-2.7%
Gillespie County
-6.9%

Housing Supply in Blanco County, TX

How many homes are available in Blanco County, TX?

Number of Homes For Sale

Apr 2024May 2024CHANGE
143176+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

# BEDSApr 2024May 2024CHANGE
1 44
0.0%
2 811
+37.5%
3 90115
+27.8%
4 3034
+13.3%
5+ 1112
+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 2024May 2024CHANGE
911+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Blanco County, you may be able to get a good deal. 81.8% of homes here sold below asking price last month.

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 2023May 2024CHANGE
79 Days68 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

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Blanco County has remained consistent over time.

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.

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 Blanco County, TX

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