Red Rock vs. Neighbors: Price Gains Outpace Region

Red Rock home prices have surged significantly compared to the broader region, with the median sale price reaching $525,000 over the last 12 months. This represents a 14.5% increase from the prior period and matches the same growth rate seen year-over-year. In contrast, the wider Unlock MLS region saw a median price of $397,794, while Bastrop County as a whole recorded a median of $330,545 during the same window. The pace of sales in Red Rock has also accelerated relative to its neighbors. Homes sold in an average of 82 days, which is 42.3% faster than the prior period and significantly quicker than the 97-day average for Bastrop County or the 66-day regional average. However, buyers in this specific market faced a steeper climb on price per square foot, which rose to $280.16, a 29.3% jump compared to the prior period. This is notably higher than the regional median of $197.37 and the county median of $174.17. Despite the faster sales velocity, negotiation leverage remains tight for sellers in Red Rock. The median close-to-original list ratio was 0.896, meaning homes sold for roughly 89.6% of their original asking price. This is slightly better than the prior period's 0.884 but still lower than the regional average of 0.94. Additionally, 85.7% of Red Rock sales closed below the original list price, compared to 83.1% across the region. ALEX Intelligence analyzed these figures against peer data to highlight that while Red Rock is experiencing rapid price appreciation and faster turnover than the county average, it remains a market where buyers typically negotiate down from the initial list price. The sample size for this specific analysis covers 7 closed sales in the rolling 12-month window ending October 31, 2026. Want a closer look? Reply or call George at 713.918.9951 and we'll set up a showing. Based on 7 closed sales in the 12 months ending Oct 31, 2026. 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