Cedar Creek Market Pulse: Prices Dip, Sales Rise in Rolling Six Months

Median home prices in Cedar Creek fell 4.5% to $370,000 over the rolling six months ending October 31, 2026, based on 103 closed sales. This represents a 9.8% decline compared to the same period last year when the median was $410,000. Despite the price drop, market activity accelerated significantly as homes sold faster than in the prior six-month window. The median days on market dropped 51.1% to 66 days, down from 135 days previously, though this remains 46.7% higher than the same period last year when homes sold in just 45 days. Buyers are negotiating closer to list prices now; the median close-to-original list ratio improved to 90.8%, up from 86.6% in the prior period, yet still trails the 94% achieved a year ago. Inventory levels remain tight with 110 active listings and 103 closed sales over the last six months, resulting in 6.41 months of supply. This places Cedar Creek in a balanced market condition where neither buyers nor sellers hold a distinct advantage. The median price per square foot also decreased 1.6% to $180, reflecting the broader price correction while home sizes remained stable at 2,237 square feet. Current mortgage rates stand at 7.18% according to the Freddie Mac Primary Mortgage Market Survey for the week of November 5, 2026. At this rate and a median sale price of $370,000, the principal and interest payment is approximately $2,005 per month based on ALEX Intelligence estimates using standard financing assumptions. 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