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The housing market in Gillespie County shows stability in median prices but demonstrates a considerable increase in the average time homes spend on the market.
Gillespie County Real Estate Market Trend
In recent months, the median sale price hovered near $518,000, based on Trulia’s October 2024 baseline and trends into 2025.
According to Orchard’s recent report, the median price per square foot was $198.85, reflecting a decline of about 13.6% year over year.
In the past 30 days leading into October 2025, 20 homes sold in Gillespie County, up from 17 in the same period last year.
The moderate year‑over‑year increase in median price (around +7.4%) suggests the market retains some resilience amid downward pressure on per‑square‑foot pricing.
Homes are staying listed longer: median days on market reached 44 (an increase of ~45% vs prior), signaling cooling momentum.
he overall picture points to a market transitioning from heated to more balanced. While median values remain relatively steady or modestly rising, downward per‑square‑foot trends and longer listing durations give buyers more leverage. Sellers may need to adjust pricing or patience, and buyers should scrutinize value on a per‑square‑foot basis rather than relying solely on headline median numbers.
In Gillespie County, land for sale includes residential lots, ranch land, vineyards, hunting land, and large acreage tracts for recreational or agricultural use. The area is also known for its rolling hills and wine country.
The average price per acre in Gillespie County ranges from $10,000 to $25,000, depending on proximity to Fredericksburg and amenities like river access or hilltop views. Vineyards and prime ranch land typically command higher prices.
Yes, zoning regulations in Gillespie County vary depending on the location and land use. Agricultural, residential, and commercial zoning are common, and some areas may have restrictions for development or business operations. Verify local ordinances before purchasing.
Gillespie County offers a mix of rural charm, proximity to Fredericksburg, and opportunities for investment in ranching, agriculture, or vineyard development. The area’s scenic landscape and tourism appeal make it ideal for those seeking both residential and commercial opportunities.
Yes, many properties in Gillespie County have access to utilities such as water, electricity, and septic systems. Rural properties may require additional infrastructure like wells or solar power, but land closer to towns like Fredericksburg usually has access to municipal utilities.
When purchasing agricultural land, consider factors like soil quality, water rights, irrigation systems, and the suitability of the land for crops or livestock. Also, be sure to understand the zoning regulations and any tax exemptions for agricultural use.
Yes, agricultural or wildlife management tax exemptions are available for land used for farming, ranching, or wildlife preservation. These incentives can significantly reduce property taxes, making land ownership more affordable for long-term use.
You can finance land in Gillespie County through banks, credit unions, or specialized land lenders. Down payments for land loans typically range from 20% to 50%, and you may need a higher credit score and a solid financial plan for approval.
For personalized guidance and in-depth knowledge about navigating the Gillespie County real estate market, Michele Smith is your trusted advisor. With a dedication to providing valuable insights and exceptional service, Michele is well-equipped to assist you in your real estate endeavors in Gillespie County.
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