Is Red Rock, TX 78662 a buyer’s or seller’s market?
Red Rock is a buyer’s market. With about 28.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Red Rock housing market right now
In the three months ending August 31, 2026, 0% of homes in Red Rock, TX 78662 sold above their list price, the typical home went under contract in 74 days and there were 28.8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (222 days then) and the median sale price rose 20% to $569,753. Overall, Red Rock is more competitive than a year ago, so tougher for buyers.
Within Bastrop County, homes here sell faster than in 83% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Paige 78659 (25% sold over asking) and Smithville 78957 (14% sold over asking) are even more competitive.
Run the numbers for 78662
Nearby markets
Bastrop 78602Buyer’s market $193 /sq ftCedar Creek 78612Buyer’s market $181 /sq ftElgin 78621Balanced $162 /sq ftMc Dade 78650 — /sq ft Browse all markets →Towns like Red Rock nearby
Find towns like Red Rock in other states →Where Red Rock is
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Questions about Red Rock real estate
Is Red Rock a buyer’s or seller’s market?
A buyer’s market: there were 28.8 months of supply in Red Rock, TX 78662 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Red Rock?
The typical home went under contract in 74 days in the latest three months.
Do homes in Red Rock sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 95.0% of the list price.
What are property taxes in Red Rock?
About 1.41% of a home’s value a year in Bastrop County, or roughly $5,640 on a $400,000 home.
What is the median home price in Red Rock?
The median sale price was $569,753 in the three months ending August 31, 2026, about $469 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology