Lockhart Cash vs. Financed Purchases in September

Deal of the Week

Deal of the Week · 703 Rosewood ST, Lockhart TX 78644 · MLS #3594141 · Listed by Joseph Walter Realty, LLC. ALEX valuation $99,000 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 $220,000 703 Rosewood ST, Lockhart TX 78644 · MLS #3594141 Listed at $94,900, 4 bed, 1 bath, 1,195 sq ft. Listed 4% below the ALEX valuation; 51% under the local price per sq ft; price reduced 4% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1189899321/703-Rosewood-ST-Lockhart-TX Lower-middle quartile: $220,000 to $270,000 223 Pitkin DR, Lockhart TX 78644 · MLS #1452688 Listed at $259,999, 4 bed, 2 bath, 1,454 sq ft. Listed 3% below the ALEX valuation; price reduced 7% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1187159902/223-Pitkin-DR-Lockhart-TX Upper-middle quartile: $270,000 to $390,000 2024 Applewood DR, Lockhart TX 78644 · MLS #7205974 Listed at $289,000, 4 bed, 3 bath, 1,686 sq ft. Listed 5% below the ALEX valuation; price reduced 10% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1176886282/2024-Applewood-DR-Lockhart-TX Upper quartile: $390,000 and up 9765 FM 20, Lockhart TX 78644 · MLS #7316724 Listed at $450,000, 3 bed, 2 bath, 1,856 sq ft. Listed 17% below the ALEX valuation; price reduced 18% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1187045433/9765-FM-20-Lockhart-TX

Key figures · Lockhart · September 2026

16 homes sold in Lockhart in September 2026 (down 46.7% on a year earlier).

Median sale price: $354,900 (up 13.6% on a year earlier).

Median price per square foot: $165.

Median days on market: 92.

Median sale price as a share of the original list price: 86.6%.

128 homes for sale now, about 5.4 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.

Did you know that zero of the 16 homes sold in Lockhart during September were purchased with cash? In a market where financing is the primary engine of activity, this data point highlights how buyers are relying on mortgage capital to close deals. ALEX Intelligence analyzed the financing types for all closed transactions in the city over the past month. The dataset shows a cash share of 0% across 16 sales. Every single transaction required traditional lending, indicating that local buyers are fully dependent on current mortgage rates and loan programs to enter the market. This absence of cash deals contrasts with broader regional trends where cash buyers often compete for inventory. In Lockhart, the median sale price rose 26.8% from August to $354,900, yet no buyer opted out of financing. The data suggests that even as prices climb, liquidity constraints or investment strategies in this specific city are driving all activity through financed channels. With 16 closed sales recorded, the sample size meets the minimum threshold for reliable analysis. While cash purchases can sometimes signal investor interest or quick closings, Lockhart's September market was defined entirely by borrowers securing loans to purchase homes. This reliance on financing makes the local market particularly sensitive to shifts in mortgage rates and lending standards. The data reflects a snapshot of 16 transactions where every buyer navigated the loan process. As the market continues to evolve, tracking whether this pattern holds or if cash activity emerges will be key for understanding buyer behavior in Lockhart. 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