Hays County: Is the Market Balanced or Leaning Buyers?

Deal of the Week

Deal of the Week · 116 Soapstone PASS, Maxwell TX 78656 · MLS #5169365 · Listed by Compass RE Texas, LLC. ALEX valuation $201,000 is an ALEX Intelligence estimate, not an appraisal.

Deals of the Week by price quartile. The quartiles come from the last 12 months of closed sales here. Each pick has the top ALEX deal score in its price range. Lower quartile: under $286,000 116 Soapstone PASS, Maxwell TX 78656 · MLS #5169365 Listed at $185,000, 3 bed, 2 bath, 1,568 sq ft. Listed 8% below the ALEX valuation; 18% under the local price per sq ft; price reduced 8% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1182583299/116-Soapstone-PASS-Maxwell-TX Lower-middle quartile: $286,000 to $375,000 145 Mad Pupper DR, Buda TX 78610 · MLS #3216231 Listed at $334,016, 4 bed, 2.5 bath, 2,193 sq ft. Listed 4% below the ALEX valuation; 18% under the local price per sq ft; price reduced 11% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1182951550/145-Mad-Pupper-DR-Buda-TX Upper-middle quartile: $375,000 to $555,000 277 Basket Flower LOOP, Kyle TX 78640 · MLS #4445813 Listed at $489,900, 4 bed, 3.5 bath, 2,488 sq ft. Listed 4% below the ALEX valuation; 6% under the local price per sq ft; price reduced 16% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1183020863/277-Basket-Flower-LOOP-Kyle-TX Upper quartile: $555,000 and up 954 Covered Bridge DR, Driftwood TX 78619 · MLS #9691218 Listed at $1,500,000, 6 bed, 7 bath, 6,108 sq ft. Listed 19% below the ALEX valuation; 20% under the local price per sq ft; price reduced 25% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1184134730/954-Covered-Bridge-DR-Driftwood-TX

Key figures · Hays County · September 2026

322 homes sold in Hays County in September 2026 (down 22.8% on a year earlier).

Median sale price: $372,495 (up 2.1% on a year earlier).

Median price per square foot: $185.

Median days on market: 56.

Median sale price as a share of the original list price: 94.4%.

1,949 homes for sale now, about 4.9 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.

Is the market shifting back toward buyers? In September 2026, Hays County recorded 4.88 months of inventory based on 322 closed sales against 1,949 active listings. This figure places the market in a balanced state, where supply and demand are roughly equal, rather than favoring one side exclusively. Months of inventory is calculated by dividing the number of active homes by the average monthly sales rate over the trailing six months. A reading below four months typically indicates a seller's market with rising prices, while anything above six months suggests a buyer's market with downward pressure. At 4.88 months, Hays County sits comfortably in the middle ground. Sales activity slowed significantly compared to the prior month, with closed sales dropping 24.6% from August's 427 transactions. However, median prices rose 4.9% to $372,495, and the average home size increased slightly by 0.4%. The market remains active enough to sustain current price levels despite the seasonal dip in volume. ALEX Intelligence analysis of the inventory gauge indicates that neither buyers nor sellers hold a distinct advantage at this moment. Prospective buyers may find more selection than in previous months, while sellers can still expect competitive offers without the urgency of a bidding war. This balance is expected to persist as long as new listings continue to enter the market at a steady pace. 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