Burnet Market Recap: Sales Up, Prices Down in Six Months

Deal of the Week

321 Wheel Horse RD, Burnet TX 78611
Deals of the Week by price quartile. The quartiles come from the last 12 months of closed sales here. Each pick has the top ALEX deal score in its price range. Lower quartile: under $293,000 321 Wheel Horse RD, Burnet TX 78611 · MLS #9769796 Listed at $289,990, 4 bed, 2 bath, 1,688 sq ft. Listed 7% below the ALEX valuation; 4% under the local price per sq ft; price reduced 12% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1184862226/321-Wheel-Horse-RD-Burnet-TX Lower-middle quartile: $293,000 to $335,000 308 Wheel Horse RD, Burnet TX 78611 · MLS #7424965 Listed at $294,990, 4 bed, 2 bath, 1,688 sq ft. Listed 6% below the ALEX valuation; price reduced 9% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1188129448/308-Wheel-Horse-RD-Burnet-TX Upper-middle quartile: $335,000 to $542,000 611 Zuleme ST, Burnet TX 78611 · MLS #1675429 Listed at $350,000, 3 bed, 2 bath, 1,680 sq ft. Listed 4% below the ALEX valuation; 9% under the local price per sq ft; price reduced 12% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1191062914/611-Zuleme-ST-Burnet-TX Upper quartile: $542,000 and up 1604 County Road 128, Burnet TX 78611 · MLS #4766063 Listed at $599,500, 3 bed, 3 bath, 1,813 sq ft. Listed 13% below the ALEX valuation; price reduced 25% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1172654070/1604-County-Road-128-Burnet-TX

Key figures · Burnet · rolling 6 months ending Oct 31, 2026

Source: Unlock MLS, rolling 6 months ending Oct 31, 2026. Single-family homes; prices net of seller-paid concessions, the same figures as the ALEX market statistics pages. Information deemed reliable but not guaranteed.

All Burnet market figures and ALEX agents

Burnet saw 103 closed sales in the rolling six months ending October 31, 2026, an increase from the 95 closings in the prior six-month period and a jump compared to the 77 sales recorded in the same window last year. The median closing price settled at $332,500, which is up 2.5% from the previous six months but remains 22.7% lower than the $430,000 recorded in the same period a year ago. ALEX Intelligence analyzed the pricing dynamics to show that while homes are selling slightly slower on average at 88 days on market compared to 78 days previously, the time has increased by 3.5% year-over-year. The median price per square foot rose to $202.18, up 2.9% from the prior period but down 7.2% from last year. Sellers accepted offers at 91.1% of their original list price, a slight decline from 92.3% in the prior six months and 92.4% a year ago. Inventory remains elevated with 157 active listings today, creating a 9.15-month supply based on the current sales pace. New construction accounted for just 8 of the 103 closings, while the median home size was 1,777 square feet. The data indicates a market where volume has recovered significantly from last year, yet prices have not returned to their previous peaks. https://alex.realestate/market/burnet 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
George Arnold Alexander III, MPA
Partner, ALEX Companies
Associate Broker, Alexander Tiffany Southwest, LLC
Licensed Broker in TX, CO, NC, AL
[email protected] · +1 713.918.9951
TREC Information About Brokerage Services · TREC Consumer Protection Notice
Source data: Unlock MLS rolling 6 months ending Oct 31, 2026, n=103
Cover photo: Buchanan Dam, west of Burnet by Larry D. Moore, CC BY 4.0, via Wikimedia Commons; darkened, cropped and text added.
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Licensed by the Texas Real Estate Commission. Broker: Alexander Tiffany Southwest, LLC · License #565194-BB.
Diane Hart Alexander, Chair & CEO, ALEX Companies · Designated Broker · #574877-B  ·  George Arnold Alexander III, Partner, ALEX Companies · Associate Broker · #574878-B
Texas Real Estate Commission Information About Brokerage Services · TREC Consumer Protection Notice · trec.texas.gov