Bastrop County Market vs. Neighbors in October

Bastrop County median home prices reached $351,000 in October, a 3.5% increase from the same month last year, even as sales volume fell 22.3%. This divergence highlights a market where demand remains resilient despite fewer transactions compared to the regional benchmark. When comparing Bastrop County to the broader Unlock MLS region, distinct differences emerge. The regional median price stands at $409,000, significantly higher than Bastrop's $351,000. Similarly, the region sold homes faster with a median of 56 days on market, whereas Bastrop properties lingered for 91 days. This represents a 26.4% increase in time on market compared to last year in Bastrop, suggesting a slower pace of turnover locally than in the wider area. The price per square foot also tells a story of relative affordability. Bastrop sellers achieved $182 per square foot, which is 12% lower than the regional average of $207. While homes in Bastrop sold for 92.5% of their original list price, the regional average was slightly higher at 93.9%. The share of homes selling below original list prices was 84.9% in Bastrop, compared to 83.5% across the region, indicating that price reductions were slightly more prevalent locally. Inventory levels also differ. With 689 active listings and a months-of-inventory figure of 6.2, Bastrop leans toward a balanced market, whereas regional dynamics often shift more rapidly between buyer and seller conditions. The data suggests that while Bastrop is seeing price appreciation, it operates at a different velocity and price point than the surrounding Unlock MLS counties. 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