Bastrop County: Is It a Buyer's Market in October?

Deal of the Week

1114 W 2nd ST, Elgin TX 78621
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 $291,000 1114 W 2nd ST, Elgin TX 78621 · MLS #8045317 Listed at $280,000, 3 bed, 2 bath, 1,824 sq ft. Listed 5% below the ALEX valuation; 6% under the local price per sq ft; price reduced 7% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1184787188/1114-W-2nd-ST-Elgin-TX Lower-middle quartile: $291,000 to $345,000 138 Hornet ST, Elgin TX 78621 · MLS #6262102 Listed at $298,450, 3 bed, 2 bath, 1,698 sq ft. Listed 4% below the ALEX valuation; price reduced 4% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1184166070/138-Hornet-ST-Elgin-TX Upper-middle quartile: $345,000 to $439,000 111 Cassins Nest, Cedar Creek TX 78612 · MLS #4388458 Listed at $400,990, 5 bed, 3 bath, 3,016 sq ft. Listed 4% below the ALEX valuation; 16% under the local price per sq ft; price reduced 13% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1190275382/111-Cassins-Nest-Cedar-Creek-TX Upper quartile: $439,000 and up 114 Upola CT, Bastrop TX 78602 · MLS #1479922 Listed at $574,900, 5 bed, 3 bath, 1,994 sq ft. Listed 6% below the ALEX valuation; price reduced 14% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1175755312/114-Upola-CT-Bastrop-TX

Key figures · Bastrop County · October 2026

Source: Unlock MLS, October 2026. Single-family homes; prices net of seller-paid concessions, the same figures as the ALEX market statistics pages. Information deemed reliable but not guaranteed.

Market figures by town

Is the market shifting back to buyers in Bastrop County? The answer lies in the months of inventory figure, which currently stands at 6.24 months based on 84 closed sales in October 2026. This metric compares the number of active listings available today against the rate of homes selling each month. In real estate analysis, a market is generally considered balanced when inventory sits between four and six months. With 6.24 months of supply, Bastrop County has tipped slightly into buyer territory. This means there are more homes available for sale than there are buyers ready to close deals at current price levels. The trend supports this view: median days on market rose to 97 days in October, up 9% from the prior period and 15.5% higher than a year ago. The supply gap is evident as new listings (152) fell short of the volume needed to absorb the existing inventory quickly. While 84 homes sold this month, the pace of sales has slowed compared to the previous month's 104 closings. Consequently, sellers may find that their properties require more time on the market to attract offers. ALEX Intelligence classifies this environment as a buyer's market because the supply exceeds the typical six-month equilibrium threshold. Buyers in October 2026 can expect less competition and potentially more negotiation room than in a seller-favored environment where inventory drops below four months. This classification is based strictly on the ratio of active listings to monthly sales velocity, not on price direction or future forecasts. 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
George Arnold Alexander III, MPA
Partner, ALEX Companies
Associate Broker, Alexander Tiffany Southwest, LLC
Licensed Broker in TX, CO, NC, AL
[email protected] · +1 713.918.9951
TREC Information About Brokerage Services · TREC Consumer Protection Notice
Source data: Unlock MLS closed sales, October 2026, n=84
Cover photo: Bastrop by gillfoto, CC BY-SA 4.0, via Wikimedia Commons; darkened, cropped and text added.
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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, Partner, ALEX Companies · Associate Broker · #574878-B
Texas Real Estate Commission Information About Brokerage Services · TREC Consumer Protection Notice · trec.texas.gov