Bastrop: New Listings vs. Closings Show Supply Gap

Deal of the Week

Deal of the Week · 128 Kaupo DR, Bastrop TX 78602 · MLS #1238362 · Listed by Heart of the Pines Real Estate. ALEX valuation $498,000 is an ALEX Intelligence estimate, not an appraisal.

This week's 5 best values under $1,000,000, ranked by the ALEX deal score: 1. 128 Kaupo DR, Bastrop TX 78602 · MLS #1238362 Listed at $450,000, 4 bed, 3 bath, 2,704 sq ft. Listed 10% below the ALEX valuation; 13% under the local price per sq ft; price reduced 14% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1180914343/128-Kaupo-DR-Bastrop-TX 2. 147 Spring MDW, Bastrop TX 78602 · MLS #5423108 Listed at $785,000, 7 bed, 4 bath, 5,327 sq ft. Listed 5% below the ALEX valuation; 23% under the local price per sq ft; price reduced 9% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1182518218/147-Spring-MDW-Bastrop-TX 3. 205 Driftwood LN, Bastrop TX 78602 · MLS #4401375 Listed at $300,000, 3 bed, 2.5 bath, 2,192 sq ft. Listed 13% below the ALEX valuation; 29% under the local price per sq ft; price reduced 18% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1188528959/205-Driftwood-LN-Bastrop-TX 4. 412 Oak ST, Bastrop TX 78602 · MLS #9245529 Listed at $384,999, 3 bed, 3 bath, 1,998 sq ft. Listed 11% below the ALEX valuation; price reduced 17% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1172640873/412-Oak-ST-Bastrop-TX 5. 1335 Lovers LN, Bastrop TX 78602 · MLS #9072513 Listed at $399,000, 6 bed, 3 bath, 2,185 sq ft. Listed 10% below the ALEX valuation; 11% under the local price per sq ft; price reduced 16% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1186084859/1335-Lovers-LN-Bastrop-TX

Key figures · Bastrop · September 2026

50 homes sold in Bastrop in September 2026 (down 15.3% on a year earlier).

Median sale price: $382,500 (up 10.7% on a year earlier).

Median price per square foot: $195.

Median days on market: 58.

Median sale price as a share of the original list price: 94.1%.

309 homes for sale now, about 5.5 months of supply at the pace of the last six months.

Source: Unlock MLS, September 2026. Homes only (single-family, condo, townhome). Information deemed reliable but not guaranteed.

In September 2026, Bastrop saw 68 new listings enter the market while 50 homes closed sales, creating a net increase in available inventory. This supply gap means active listings grew by 18 properties during the month. The months of inventory metric currently stands at 5.47 based on 309 active listings and 339 closings over the trailing six months. The median closing price for these 50 transactions was $382,500, a 0.6% decrease from August but up 10.7% compared to September 2025. Homes spent a median of 58 days on market, matching the prior month and improving significantly from the 69 days recorded last year. The ratio of final sale price to original list price averaged 0.941, indicating buyers negotiated an average discount of roughly 6% off asking prices. ALEX Intelligence analyzed the flow of supply and demand by comparing new listing volume against closed sales. When new listings exceed closings, inventory accumulates; when closings outpace new listings, inventory tightens. In Bastrop, the current pace suggests a gradual shift toward more balanced conditions as the 5.47 months of inventory moves closer to the six-month threshold often cited for a neutral market. The median living area for sold homes was 1,955 square feet, down slightly from the prior month. With 68 new properties added against 50 sales, the local market absorbed roughly 74% of the incoming supply in September. This dynamic allows buyers more selection while sellers face increased competition to move their listings within the current 58-day median timeframe. Want a closer look? Reply or call George at 713.918.9951 and we'll set up a showing. Data from Unlock MLS. Information deemed reliable but not guaranteed. Model outputs are ALEX Intelligence estimates, not appraisals. Read more Central Texas market data on the ALEX blog: https://alex-companies.com/blog MIT, Nvidia, Google & IBM-Trained. Cross Domain-Expert: Quantum, AI, Ethics, Sovereignty, Intelligence, Philanthropy. Solepoint Planning. VUI AI Cloud Architect. AI Certifications Development. Quant/AI Instructor. Castor Venture Club Member. Associate Broker. George Arnold Alexander III, MPA Director, ALEX Companies Associate Broker, Alexander Tiffany Southwest, LLC dba ALEX.realestate, et.al. Texas License #574878-B · Broker License #565194-BB Broker, ALEX Real Estate · North Carolina License #367733 Independent Broker, ALEX Real Estate · Colorado License #II.100112456 [email protected] · +1 713.918.9951