Cedar Park: Median Price Rises 12.9% in August

What does a 12.9% jump in median price mean for Cedar Park buyers and sellers? In August 2026, the median closed price reached $480,000 across 70 sales, marking a 3.2% increase from July and a significant 12.9% rise compared to August 2025. This KPI dashboard reflects a market where demand continues to outpace recent supply conditions. The median price per square foot rose slightly by 0.5% month-over-month to $214, though it remains 4.5% lower than the same time last year when prices were higher at $224 per sq ft. Homes took an average of 34 days on market, which is 6.2% longer than July but still 19% faster than the 42 days recorded in August 2025. This indicates that while properties are staying listed slightly longer than last month, they are selling much quicker than a year ago. Buyers are seeing more competition for value, with 82.9% of homes closing below their original list price, a notable increase from the 72.4% seen in July. The median home size also grew, reaching 2,381 square feet, up 3.9% from the prior month and 4.5% higher than last year. These figures suggest that larger homes are commanding attention in the current market cycle. ALEX Intelligence analyzed these 70 closed sales to establish the current baseline for Cedar Park. The data shows a resilient market where prices are climbing despite a slight cooling in the speed of sales compared to the immediate prior month. Thinking of selling in Cedar Park? Ask for a free ALEX Intelligence valuation of your home. 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