Spicewood, TX Real Estate Listings & Homes for Sale

In May 2025, Spicewood’s housing market showed contrasting trends, with home prices surging 70.4% year-over-year to a median sale price of $797,000, yet the median sale price per square foot declined 12.9% to $317. Despite the sharp increase in overall prices, homes sold for about 1.9% below the list price and took an average of 86 days to sell, suggesting tempered buyer urgency. The market also reflected limited activity, with only one home sold, and buyers making substantial commitments, as evidenced by an average down payment of 48.5%.

In June 2025, homes in Spicewood, TX sold for an average of 7.97% below the asking price, reflected in a sale-to-list price ratio of 92.03%, indicating that sellers are making notable price concessions to close deals. Homes typically remained on the market for 86 days, suggesting a relatively slow pace of sales compared to more competitive markets. The median days on market have increased compared to the previous month but remained flat year-over-year, signaling a stable yet sluggish market where buyers have more negotiating power and sellers may need to adjust pricing strategies to attract offers.

Spicewood, TX is considered a buyer’s market in June 2025, meaning the supply of homes for sale exceeds the current buyer demand. This market condition gives buyers more negotiating power, as sellers may need to lower prices, offer concessions, or keep properties listed longer to attract offers. For prospective buyers, this environment presents an opportunity to secure homes at more favorable terms, while sellers may face increased competition and pressure to price homes competitively to stand out.