Gillespie County

A local view of the market.

The real estate market in Gillespie County, Texas, has seen a notable increase in home values over the past year. As of October 2024, the median home sold price was $578,500, marking an 8.1% rise from the previous year. The market is currently considered a buyer's market, with homes typically selling below the asking price and staying on the market longer, averaging 90 days. Fredericksburg is the largest city in Gillespie County and serves as the county seat, with a population of approximately 11,715 as of 2024. Other notable communities include Harper, with a population of around 1,391, and Stonewall, home to about 607 residents. Gillespie County offers a blend of rural and suburban living, characterized by its scenic Texas Hill Country landscape. The area is known for its agricultural roots, with farming and ranching playing significant roles in the local economy. The county attracts new residents due to its tranquil rural environment, growing economy, and appeal to retirees, particularly from urban areas, seeking a peaceful lifestyle amidst natural beauty.