Burnet County vs. Neighbors: August Market Comparison

Burnet County's median sales price dropped to $350,000 across 77 closed sales in August, marking a 15.7% decline compared to the same month last year. This performance places the county below the regional benchmark of $409,000 for the Unlock MLS area, which saw 2,854 closings during the period. While Burnet homes sold for slightly less per square foot at $194 compared to the regional average of $204, the local market also moved faster than the broader region, with a median of 64 days on market versus 45 days for the Unlock MLS aggregate. The data reveals distinct pricing dynamics between Burnet and its neighbors. In Burnet, 94.8% of homes sold below their original list price, a figure that has risen 11.7% compared to August 2025. This contrasts with the regional average where 83.1% of sales fell under the asking price. Despite the lower prices, Burnet buyers are securing larger homes; the median living area reached 1,976 square feet, up 5.7% from the previous year and exceeding the regional median of 2,047 square feet only slightly in absolute terms but showing a distinct shift toward larger footprints at lower price points. Current mortgage rates stand at 7.28% according to the Freddie Mac Primary Mortgage Market Survey for the week of October 1, 2026. This rate environment influences buying power significantly, with a median-priced home in Burnet requiring a monthly principal and interest payment of $1,916 before any buydowns are applied. The market remains active with 84 new listings added in August, though the total inventory of 546 active homes suggests a balanced to slightly buyer-favorable environment compared to tighter regional pockets. ALEX Intelligence analyzed these comparative metrics to highlight how Burnet's specific price and velocity trends diverge from the broader Unlock MLS region. The data indicates that while Burnet offers lower entry prices, it does not necessarily command the same price-per-square-foot premium seen in other parts of the region, reflecting a unique local supply-demand balance. This week's 5 best values under $1,000,000, ranked by the ALEX deal score: 1. 207 Flamingo CIR, Highland Haven TX 78654 · MLS #3687665 Listed at $475,000, 3 bed, 2 bath, 2,202 sq ft. Listed 16% below the ALEX valuation; 23% under the local price per sq ft; price reduced 21% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1160295683/207-Flamingo-CIR-Highland-Haven-TX 2. 306 Heavenly WAY, Bertram TX 78605 · MLS #1409093 Listed at $284,999, 4 bed, 3 bath, 2,657 sq ft. Listed 19% below the ALEX valuation; 24% under the local price per sq ft; price reduced 19% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1182871601/306-Heavenly-WAY-Bertram-TX 3. 303 Heavenly WAY, Bertram TX 78605 · MLS #6706599 Listed at $298,999, 5 bed, 4 bath, 2,918 sq ft. Listed 10% below the ALEX valuation; 27% under the local price per sq ft; price reduced 11% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1185500868/303-Heavenly-WAY-Bertram-TX 4. 305 Heavenly WAY, Bertram TX 78605 · MLS #7521295 Listed at $302,999, 5 bed, 4 bath, 2,918 sq ft. Listed 17% below the ALEX valuation; 26% under the local price per sq ft; price reduced 10% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1187442573/305-Heavenly-WAY-Bertram-TX 5. 317 Twilight LN, Granite Shoals TX 78654 · MLS #9871125 Listed at $999,990, 3 bed, 3 bath, 2,354 sq ft. Listed 27% below the ALEX valuation; 19% under the local price per sq ft; price reduced 26% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1180418678/317-Twilight-LN-Granite-Shoals-TX 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. View and join any or all of our communities — AI, quantum, and real estate: https://alex-companies.com/reports/linkedin-groups If there's an AI, quantum, or real estate community you'd like to see us convene, tell us — this portfolio grows by request. 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