A Year in Review: Hays County Real Estate
by Allen Deaver — Asset Realty
Insightful summary of what's been happening in our local housing market over the past year
1. Market Value Shifts: Cooling from a High
Zillow reports the average home value in Hays County stands at $384,113, which reflects a 5.9% decline year-over-year, as of July 2025 (Zillow).
Meanwhile, Redfin—tracking median sale prices—shows homes last month sold for $365,000, down 5.4% YoY (Redfin).
ATTOM data indicates a slightly different picture: a median sales price of $411,165 in June 2025, down only 1.6% from the previous year (Property Navigator, ATTOM).
Key takeaway: While exact figures differ by source, the overall story is clear—home values in Hays County have edged downward across the board in the past 12 months.
2. Inventory & Market Speed: More Options, More Patience
Active listings in July 2025 numbered 1,655, a slight dip from June (1,675) but still up compared to earlier months like March (1,298) (FRED).
Median days on market climbed to 63 days in July 2025, marking a decent uptick—the market is slowing modestly (FRED).
Wrap-up: Buyers now enjoy a bit more choice and time to make decisions—it's less of a sprint and more of a walk when it comes to closing on a home.
3. Luxury & Transaction Volume: Insights from Property Focus
Property Focus reports that as of August 2025, the median price for a single-family home was around $400,576, with a median predictive value (AVM) of about $392,000 (Property Focus).
Over the last year, 4,716 residential homes were sold in Hays County—an indicator this market remains active despite slowing prices (Property Focus).
What it means: Volumes stay solid, though price growth is pausing, especially in higher-end segments.
4. Regional Comparison: Hays in the Bigger Picture
A Central Texas housing report shows that Hays County experienced the sharpest price decline among neighboring markets—home prices dropped 4.6% YoY to roughly $365,000, and closed sales fell nearly 11.9% (Statesman).
On the bright side, pending sales in Hays surged by 26%, the strongest increase in the region, reflecting renewed buyer interest (Statesman).
Additionally, rents are holding firm—median rent in Hays County rose 2.2%, climbing to around $2,350, even amid slowing buying activity (Statesman).
Translation: Though homes are selling more slowly and prices have dipped, demand hasn't vanished. Buyers are still signaling interest via pending deals—and renters remain willing to pay more.
Final Thoughts from Allen Deaver, Asset Realty
Over the past year, Hays County’s housing market has cooled from the frenzied pace we saw in prior years, but it remains stable and resilient. Here's what I'm emphasizing to clients right now:
Buyers can expect more breathing room—less competition, more listings, longer decision windows.
Sellers should price strategically and be prepared for longer listing periods if competing with newer inventory.
Renters and investors still have opportunity—rental prices are rising and interest in rentals remains solid.
Whether you're looking to buy, sell, or invest in Hays County, I'm here to provide clear, data-backed guidance that aligns with your goals.
