Cedar Creek vs. Neighbors: Prices Down, Days Up

Median home prices in Cedar Creek have dropped significantly compared to a year ago, even as the time it takes to sell homes has stretched out. Across 101 closed sales in the rolling six months ending October 31, 2026, the median close price settled at $355,000, down 11.3% from the same period last year when the median was $400,242. ALEX Intelligence compared these figures against regional and county benchmarks to highlight where Cedar Creek stands. While the broader Unlock MLS region saw a median price of $397,974, Cedar Creek homes sold for less on average. Similarly, Bastrop County as a whole recorded a median of $330,545. However, Cedar Creek buyers are facing a different pace than last year; the median days on market jumped to 77 days, a 67.4% increase from the 46 days seen in the prior year period. The gap between asking and selling prices has also shifted. The median close-to-original list ratio improved slightly to 90.8% compared to last year's 93.9%, yet 91.1% of homes still sold below their original list price. This indicates a market where negotiation remains active, but the speed of transactions has slowed considerably compared to the previous year. Current mortgage rates stand at 7.18% according to Freddie Mac data from the week of November 5, 2026, influencing buyer purchasing power in this slower-moving environment. With 105 active listings and a 6.24-month supply of inventory, the market remains balanced but leans toward buyers regarding time on market compared to historical norms. 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