Bastrop: Is It a Buyer's Market in September?

Is the balance of power shifting in Bastrop? With 5.4 months of inventory available as of late September, the market has moved into buyer territory. This figure is calculated by dividing the 307 active listings on hand by the average monthly closings of roughly 57 homes over the trailing year. In a balanced market, inventory typically sits near six months. Bastrop currently sits just below that threshold at 5.43 months, indicating a slight tilt toward buyers but still retaining some competitive elements. This represents a shift from the tighter conditions seen in previous years, giving purchasers more time to evaluate options without immediate pressure. The median sale price for September was $382,500 across 50 closed sales, down slightly from the prior month's $385,000 but up 10.7% compared to the same period last year. Homes are spending an average of 58 days on the market, matching the previous month but improving significantly from the 69 days recorded in September 2025. ALEX Intelligence classifies this inventory level as a buyer's market because the supply exceeds the typical one-month absorption rate required for a seller's advantage. While prices remain robust compared to last year, the increased stock allows buyers to negotiate more effectively than they could in a low-inventory environment. This assessment is based on 50 closed sales in September 2026, providing a statistically significant view of current market dynamics. The data reflects the transition from a seller-favored landscape to one where supply is finally meeting demand at a sustainable pace for purchasers. 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