Burnet County vs. Neighbors: October Market Comparison

Burnet County saw its median home price jump 30.6% month-over-month to $410,000 in October, a shift that stands out against the broader regional backdrop. Across 51 closed sales, this figure represents a significant increase from the prior month's $313,990, though it remains 16.0% below the same period last year when prices reached $488,000. ALEX Intelligence benchmarked these local figures against the wider Unlock MLS region to highlight relative performance. While Burnet's median price per square foot held steady at $201 compared to the prior month, it sits 14.8% below the regional average of $205. The county also experienced a 17.4% increase in days on market, reaching 101 days, which is notably higher than the regional median of 58 days. Inventory dynamics further distinguish Burnet from its neighbors. With 501 active listings and 51 closings last month, the area sits at 7.4 months of inventory, indicating a buyer-favorable environment compared to tighter regional markets. Additionally, 92.2% of homes sold below their original list price, a figure that rose 11.4% from the previous month but remains slightly lower than the regional average where 83.4% of sales fell under asking. Current mortgage rates stand at 7.24%, sourced from the Freddie Mac Primary Mortgage Market Survey for the week of October 29, 2026. This rate environment continues to influence buyer behavior, with the median home size in Burnet expanding 17.7% month-over-month to 2,003 square feet, suggesting buyers are seeking more space despite higher borrowing costs. 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