Cedar Creek vs. Neighbors: Prices Down, Days Up

Median prices in Cedar Creek have dropped significantly compared to the same period last year, falling 10.7% to $369,990 across 107 closed sales. While the market remains active with 108 homes currently for sale, buyers are taking longer to close deals, with median days on market rising 50% to 66 days compared to last year. ALEX Intelligence benchmarked Cedar Creek against its regional peers to contextualize these shifts. The local median price of $369,990 sits below the broader Unlock MLS region average of $407,250 and is slightly higher than the Bastrop County median of $360,000. However, Cedar Creek homes are selling for a lower percentage of their original list price relative to the region; the close-to-list ratio stands at 90.8%, compared to 94.1% in the wider Unlock MLS area and 93% in Bastrop County. Inventory levels tell a story of shifting balance. With 5.94 months of supply, Cedar Creek is currently leaning toward a buyer's market, whereas the region as a whole typically sees tighter constraints. The price per square foot also reflects this cooling trend, dropping to $182 in Cedar Creek from $204 in the broader region and $188 county-wide. Despite lower prices, the volume of new construction remains robust, with 56 new homes closing in the last six months compared to 43 at the same time last year. This suggests that while existing home values are adjusting downward, development activity continues to support the local housing stock. 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