Lockhart: Months of Inventory Signal a Buyer's Market

Deal of the Week

Deal of the Week · 252 Melody RD, Lockhart TX 78644 · MLS #2383743 · Listed by Perry Homes Realty, LLC. ALEX valuation $571,000 is an ALEX Intelligence estimate, not an appraisal.

This week's 5 best values under $1,000,000, ranked by the ALEX deal score: 1. 252 Melody RD, Lockhart TX 78644 · MLS #2383743 Listed at $519,900, 4 bed, 3.5 bath, 2,895 sq ft. Listed 9% below the ALEX valuation; price reduced 22% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1184003053/252-Melody-RD-Lockhart-TX 2. 1420 London WAY, Lockhart TX 78644 · MLS #5754158 Listed at $269,000, 4 bed, 2 bath, 1,682 sq ft. Listed 7% below the ALEX valuation; price reduced 10% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1176031329/1420-London-WAY-Lockhart-TX 3. 227 Henderson LN, Lockhart TX 78644 · MLS #2139386 Listed at $899,899, 5 bed, 5 bath, 4,298 sq ft. Listed 21% below the ALEX valuation; price reduced 31% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1165213942/227-Henderson-LN-Lockhart-TX 4. 900 Lee LN, Lockhart TX 78644 · MLS #4234163 Listed at $160,000, 2 bed, 1.5 bath, 1,328 sq ft. Listed 9% below the ALEX valuation; 26% under the local price per sq ft; price reduced 11% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1189695199/900-Lee-LN-Lockhart-TX 5. 2025 Applewood DR, Lockhart TX 78644 · MLS #8234714 Listed at $319,000, 4 bed, 3 bath, 1,882 sq ft. Listed 5% below the ALEX valuation; price reduced 11% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1176868302/2025-Applewood-DR-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%.

124 homes for sale now, about 5.2 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 Lockhart market shifting toward buyers? The answer lies in the months of inventory metric, which currently stands at 5.2 months based on 16 closed sales in September 2026. This figure is calculated by dividing the current active listings by the average monthly closings over the trailing period. In real estate analysis, a reading above 4 to 6 months typically indicates a buyer's market where supply exceeds demand, giving purchasers more leverage in negotiations. The data supports this classification. While median closed prices rose 26.8% from August to $354,900 and 13.6% compared to September 2025, the time properties spend on the market has expanded significantly. Median days on market jumped 119% to 92 days, suggesting homes are taking longer to sell despite higher prices. Additionally, the share of sales closing below original list price increased by 13.6% compared to the prior period, reaching 100% of transactions in this sample. ALEX Intelligence analyzes these inventory and pricing dynamics to determine market balance. With 124 active listings and a median sale-to-list ratio dropping to 86.6%, the current environment favors buyers who can take their time selecting from available homes. This shift contrasts with the tighter conditions seen earlier in the year, where sales moved faster and closer to asking prices. The market remains distinct from the broader region, where the median price is $407,250 and days on market average 56 days. In Lockhart, the combination of rising inventory time and increased price reductions signals a transition toward buyer-friendly conditions as we move through late 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