Lockhart Market Heat Score: A Cooling Trend in September
By George Arnold Alexander III, MPA · Associate Broker · 2026-10-17
Deal of the Week

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%.
- 130 homes for sale now, about 5.5 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.
How does a 119% jump in median days on market change the balance of power for buyers and sellers in Lockhart? The data from September 2026 reveals a distinct shift in local market dynamics.
ALEX Intelligence calculated a composite Market Heat Score using four weighted indicators: median days on market, sale-to-list price ratio, inventory levels, and the frequency of price reductions. In this period, the score reflects a cooling trend compared to the prior month. The median home sold for $354,900, which is 13.6% higher than September 2025, yet it took an average of 92 days to sell, up significantly from the 42 days seen in August.
This extended time on market coincides with a drop in the median close-to-original list ratio to 86.6%, down 7.5% from the previous month. Furthermore, every single home that closed (100%) sold below its original asking price, compared to 88% in August. With 5.45 months of inventory currently available, the market is moving away from a tight seller's environment toward a more balanced or buyer-favorable state.
The ALEX Intelligence estimate for this composite score indicates reduced momentum. While prices remain elevated year-over-year, the combination of slower sales velocity and increased negotiation leverage for buyers suggests a cooling phase in Lockhart's real estate market.
URL: https://alex.realestate/market-heat-score-lockhart-september-2026
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
Source data: Unlock MLS closed sales, September 2026, n=16
Cover photo: Downtown Lockhart by Reading Associate 17, CC BY-SA 4.0, via Wikimedia Commons; darkened, cropped and text added.
Licensed by the Texas Real Estate Commission. Broker: Alexander Tiffany Southwest, LLC · License #565194-BB.
Diane Hart Alexander, Chair & CEO, ALEX Companies · Designated Broker · #574877-B · George Arnold Alexander III, Director, ALEX Companies · Associate Broker · #574878-B
Texas Real Estate Commission Information About Brokerage Services · TREC Consumer Protection Notice · trec.texas.gov
Diane Hart Alexander, Chair & CEO, ALEX Companies · Designated Broker · #574877-B · George Arnold Alexander III, Director, ALEX Companies · Associate Broker · #574878-B
Texas Real Estate Commission Information About Brokerage Services · TREC Consumer Protection Notice · trec.texas.gov








