Burnet County Market Pulse: Prices Rise in October

What does a 21.8% jump in median price mean for Burnet County buyers and sellers? In October 2026, the median close price reached $380,000 across 50 closed sales, up from $312,000 in September. This surge marks the highest monthly gain in over a year, though prices remain 20.8% below the $479,750 recorded in October 2025. ALEX Intelligence analyzed the month-over-month shift to highlight how quickly conditions are changing. While the median price climbed significantly, the number of homes sold dropped by 23.1% compared to September, falling from 65 to 50 transactions. This divergence suggests that while demand is driving prices up, fewer homes are closing due to limited inventory or shifting buyer timelines. The time it takes to sell a home also increased. The median days on market rose to 118 days, an 18.0% jump from the previous month and 9.3% higher than last year. Homes are staying listed longer, yet those that do close are commanding higher prices, with 92% selling below their original list price compared to 83% in September. Inventory remains tight relative to sales volume. With 485 active listings and 50 closings, the market shows 7.17 months of inventory, indicating a shift toward buyer leverage despite the price gains. The median home size also expanded, with living area growing 17.3% month-over-month to nearly 2,000 square feet. For those tracking affordability, current mortgage rates stand at 7.18% as of November 5, 2026, according to the Freddie Mac Primary Mortgage Market Survey. This rate environment continues to influence how much buyers can afford in a market where prices are rising faster than sales volume. 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