The Cedar Park housing market is somewhat competitive. Homes in Cedar Park receive 3 offers on average and sell in around 43 days. The median sale price of a home in Cedar Park was $454K last month, down 13.6% since last year. The median sale price per square foot in Cedar Park is $234, up 2.6% since last year.
What is the housing market like in Cedar Park today?
In March 2024, Cedar Park home prices were down 13.6% compared to last year, selling for a median price of $454K. On average, homes in Cedar Park sell after 43 days on the market compared to 63 days last year. There were 52 homes sold in March this year, down from 61 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$453,750
-13.6% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Cedar Park, TX
$453,750
-13.6%
United States
To compare other locations to the Cedar Park and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Cedar Park's median sale price is 15% higher than the national average. Overall cost of living in Cedar Park is 7% lower than the national average. Learn which home features in Cedar Park add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Cedar Park housing market?
Cedar Park is somewhat competitive. Homes sell in 42.5 days.
0
100
55
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 43 days.
Hot homes
can sell for around list price and go pending in around 21 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Cedar Park
Explore recent offers and recently sold homes in Cedar Park
Recent offers
Offer Not Accepted|
9 Weeks Ago
~$650K Offer
Sold for $700K
4bd | 2.5ba | ~2,750sqft
Under List Price
4%
Days on Market
12
Competing Offers
1
Down Payment
~30%
Kaye Rich
Cedar Park Redfin Agent
We were not the highest offer, the home eventually sold for $676,250.
Offer Not Accepted|
12 Weeks Ago
~$850K Offer
Sold for $850K
4bd | 3ba | ~2,750sqft
Over List Price
1%
Days on Market
43
Competing Offers
3
Down Payment
~20%
Vicki McCoy
Cedar Park Redfin Agent
Home had multiple offers above list price, sold quickly within 5 days
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Cedar Park housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Cedar Park.
Risk Factor
Flood Factor - Minor
7% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Cedar Park has a minor risk of flooding. 1,026 properties in Cedar Park are likely to be
severely affected
by flooding over the next 30 years. This represents 7% of all properties in Cedar Park. Flood risk is increasing slower than the national average.
83% of properties are at risk of wildfire over the next 30 years
Fire Factor
Cedar Park has a moderate risk of wildfire. There are 20,499 properties in Cedar Park that have some risk of being affected by wildfire over the next 30 years. This represents 83% of all properties in Cedar Park.
99% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Cedar Park has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Cedar Park is most at risk from hurricanes. 24,419 properties in Cedar Park have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 101 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 111 mph.