Lockhart Market Heat Score: A Deep Dive into September Activity

What does a median sale price of $359,900 mean for Lockhart buyers and sellers when the market is moving slower than last year? In September 2026, ALEX Intelligence calculated a Market Heat Score to quantify this dynamic. The score combines four key indicators: days on market, list-to-sale ratio, inventory levels, and price reductions. The data reveals a complex picture. Median prices surged 28.5% from the prior month to $359,900 across 11 closed sales, while prices were up 15.2% compared to September 2025. However, homes stayed on the market significantly longer, with median days on market jumping 128.6% to 96 days. This suggests that while the few properties that sold commanded higher prices, they took much longer to find buyers. The list-to-sale ratio dropped to 83.3%, meaning sellers accepted offers roughly 17% below their original asking price on average. With 5.13 months of inventory available and a high share of sales closing below the original list price, the market leans toward buyer leverage despite the price gains. The ALEX Intelligence model weights these factors to produce a composite score that reflects this cooling velocity in a rising-price environment. This analysis is based on 11 closed sales in September 2026. It highlights that high prices do not always equate to a fast-moving market. Buyers should note the extended time required to close, while sellers may need to adjust expectations regarding list price reductions. The current mortgage rate of 7.4% also influences affordability, as seen in the median home size increasing to 1,984 square feet. ALEX Intelligence estimate, not an appraisal. Want more detail on Lockhart? Ask George for the full neighborhood report. 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