Bastrop County: Is It a Buyer's or Seller's Market?

Deal of the Week

Deal of the Week · 156 FM 2571, Smithville TX 78957 · MLS #6475176 · Listed by Keller Williams Realty. ALEX valuation $283,000 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. 156 FM 2571, Smithville TX 78957 · MLS #6475176 Listed at $225,000, 3 bed, 2 bath, 1,572 sq ft. Listed 20% below the ALEX valuation; 29% under the local price per sq ft; price reduced 24% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1180243260/156-FM-2571-Smithville-TX 2. 429 Hidden Shores Lp RD, Smithville TX 78957 · MLS #8191322 Listed at $75,000, 0 bed, 1 bath, 432 sq ft. Listed 14% below the ALEX valuation; 14% under the local price per sq ft; price reduced 23% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1175120060/429-Hidden-Shores-Lp-RD-Smithville-TX 3. 503 Elm ST, Bastrop TX 78602 · MLS #5188624 Listed at $499,000, 4 bed, 2.5 bath, 2,511 sq ft. Listed 17% below the ALEX valuation; price reduced 29% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1164657768/503-Elm-ST-Bastrop-TX 4. 110 Cancho Hill DR, Cedar Creek TX 78602 · MLS #5850044 Listed at $399,990, 4 bed, 3 bath, 2,466 sq ft. Listed 9% below the ALEX valuation; 11% under the local price per sq ft; price reduced 15% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1180010945/110-Cancho-Hill-DR-Cedar-Creek-TX 5. 503 Short ST, Smithville TX 78957 · MLS #7688314 Listed at $285,000, 3 bed, 3 bath, 2,118 sq ft. Listed 7% below the ALEX valuation; 38% under the local price per sq ft; price reduced 15% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1185292724/503-Short-ST-Smithville-TX

Is there enough housing for everyone looking to buy? In Bastrop County, the answer depends on how you measure supply. ALEX Intelligence calculated Months of Inventory by dividing the current number of active listings by the average monthly closings over the analysis window. This metric helps determine whether buyers or sellers hold the advantage in negotiations. The latest data shows 6.12 months of inventory across the county for the rolling six months ending September 30, 2026. This figure is derived from 721 active listings and 707 closed sales over that period. In real estate analysis, a balance between 4 and 6 months typically indicates a neutral market where prices are stable. A figure above 6 months generally signals a shift toward buyer leverage, giving purchasers more time to search and negotiate. Compared to the prior six-month window, the median days on market dropped by 24.2% to 69 days, while the share of homes selling below original list price fell by 5.3%. This suggests that while inventory is slightly higher than a balanced threshold, demand remains active enough to keep properties moving relatively quickly. For sellers, this means pricing must be precise; for buyers, there is now more selection and less urgency than in previous periods. The classification gauge indicates a market leaning toward buyer conditions, though not yet a deep buyer's market. As inventory levels fluctuate, this ratio will continue to signal the balance of power between listing agents and purchasers in Bastrop County. Want to see this home? Call or text George at 713.918.9951 for a private 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 Partner, 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