Hays County Residential Market Update — June 2025
By Allen Deaver, Asset Realty
June 2025 Market Snapshot
Median sale price: ~$382.5K–$399.7K, down roughly 0.5–1.3% year-over-year—depending on source—hovering between $383K (Redfin) and $400K (Rocket/Flyhomes) (redfin.com).
Median listing price: $455.7K in May (fred.stlouisfed.org), and current Zillow "typical" value sits at $391.3K (+‑5.5% YoY) (zillow.com).
June 2025 Market Inventory & Absorption
Total homes for sale jumped ~11% MoM to ~2,632 in May (Rocket) (rocket.com).
Zillow shows ~1,803 active listings as of May 31 —both reflect a significant rise in available homes.
Sales volume: ~547 homes sold in May—a 9.2% YoY increase (redfin.com).
June 2025 Market Pace & Buyer Trends
Days on market averaged ~62 days (Redfin), up from ~53 last year (+9 days) (redfin.com); Zillow says ~47 days to pending (zillow.com).
Data from Rocket:
44% sold in under 30 days
31% in 30–90 days
24% over 90 days (rocket.com)
Sale-to-list ratio: ~97.7%—close to asking price—with ~11.7% over-list sales and ~44% of listings seeing price drops (redfin.com).
Buyer or Seller’s Market?
Data situates Hays County in a neutral market: demand roughly matches supply (rocket.com).
Inventory is climbing, homes linger longer, and negotiation room is growing—but no oversupply crisis.
Strategic Takeaways
For Buyers:
Increased inventory and low pressure—60% of homes sold below asking—means good opportunity to negotiate (rocket.com).
Pace your search: no need to rush, but aim to act decisively on well-priced properties.
For Sellers:
Pricing sharp matters: overpricing leads to longer exposure. Align your list price with recent, realistic comps.
Consider staging and minor concessions (closing cost help, inspection credits)—Austin housing trends mirror a shift in seller mindset (redfin.com, lrgrealty.com).
Broader Context
Hays County is part of the booming Austin-San Antonio corridor, with strong population growth (~269K by 2023) (en.wikipedia.org).
Regional market, especially Austin, is cooling with softening prices and more balanced conditions (facebook.com), reflecting what's seen here.
Final Word
Hays County’s market continues cooling gently—reflecting broader trends in Central Texas. Prices are holding, inventory is growing, and buyers now have a bit more leverage. Whether you're buying or selling, lean on competitive pricing, thorough comps, and a strategy tailored for a balanced, more patient market.
With interest rates still elevated and economic uncertainty in play, expect continued caution—and a market that rewards preparation and flexibility in 2025
