Milam County: How Rates and Buydowns Affect Buying Power

Deal of the Week

Deal of the Week · 604 N 3rd ST, Thorndale TX 76577 · MLS #5564871 · Listed by Martha Turner Sotheby's International Realty - Col. ALEX valuation $184,000 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 $189,000 604 N 3rd ST, Thorndale TX 76577 · MLS #5564871 Listed at $139,900, 3 bed, 2 bath, 1,296 sq ft. Listed 24% below the ALEX valuation; 39% under the local price per sq ft. See it on alex.realestate: https://www.alex.realestate/listing-detail/1187283885/604-N-3rd-ST-Thorndale-TX Lower-middle quartile: $189,000 to $250,000 531 Sierra DR, Rockdale TX 76567 · MLS #7748649 Listed at $249,900, 4 bed, 2.5 bath, 2,380 sq ft. The top-scoring home for sale here this week on price per sq ft, price changes and time on market; 30% under the local price per sq ft. See it on alex.realestate: https://www.alex.realestate/listing-detail/1185355080/531-Sierra-DR-Rockdale-TX Upper-middle quartile: $250,000 to $379,000 8889 N Fm 487, Rockdale TX 76567 · MLS #3162185 Listed at $365,000, 3 bed, 2 bath, 2,395 sq ft. Listed 5% below the ALEX valuation; price reduced 9% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1177101347/8889-N-Fm-487-Rockdale-TX Upper quartile: $379,000 and up 6021 N Fm 1915, Buckholts TX 76518 · MLS #9828222 Listed at $629,900, 4 bed, 3.5 bath, 3,585 sq ft. Listed 4% below the ALEX valuation; price reduced 10% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1185271011/6021-N-Fm-1915-Buckholts-TX

Key figures · Milam County · rolling 6 months ending Sep 30, 2026

83 homes sold in Milam County in the 6 months ending Sep 30, 2026 (up 12.2% on a year earlier).

Median sale price: $245,000 (down 4.3% on a year earlier).

Median price per square foot: $155.

Median days on market: 64.

Median sale price as a share of the original list price: 92.3%.

88 homes for sale now, about 6.3 months of supply at the pace of the last six months.

Source: Unlock MLS, rolling 6 months ending Sep 30, 2026. Homes only (single-family, condo, townhome). Information deemed reliable but not guaranteed.

What does a 7.32% mortgage rate mean for a buyer in Milam County today? With the median home price at $245,000 across 83 closed sales in the rolling six months ending September 30, 2026, monthly payments are sensitive to interest rate fluctuations. A standard purchase with 20% down on this median price results in a principal and interest payment of $1,346 per month at the current rate. ALEX Intelligence applied a scenario model using the Freddie Mac Primary Mortgage Market Survey data from the week of October 22, 2026, to illustrate how buydowns can alter affordability. A common strategy is the 3-2-1 buydown, which temporarily lowers the interest rate for the first three years. For a median-priced home, this specific buydown costs $9,108 upfront, or about 3.72% of the sale price. Under this structure, the buyer's monthly payment drops to $972 in year one, saving $374 per month compared to the standard rate. In year two, the rate adjusts to 5.32%, with a payment of $1,091 and savings of $255. By year three, the rate rises to 6.32%, resulting in a payment of $1,216 and savings of $130. A shorter 2-1 buydown offers similar relief for two years at a lower total cost of $4,620 (1.89% of price). These figures represent ALEX Intelligence estimates based on the median sale price and are not appraisals. While rates remain elevated compared to historical norms, these temporary rate reductions can make monthly payments more manageable for buyers entering the market during this period. The data reflects current conditions in Milam County where 83 homes sold over the last six months. 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