Lockhart Market Pulse: Prices Jump 27% in September

Deal of the Week

Deal of the Week · 703 Rosewood ST, Lockhart TX 78644 · MLS #3594141 · Listed by Joseph Walter Realty, LLC. ALEX valuation $99,000 is an ALEX Intelligence estimate, not an appraisal.

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 $220,000 703 Rosewood ST, Lockhart TX 78644 · MLS #3594141 Listed at $94,900, 4 bed, 1 bath, 1,195 sq ft. Listed 4% below the ALEX valuation; 51% under the local price per sq ft; price reduced 4% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1189899321/703-Rosewood-ST-Lockhart-TX Lower-middle quartile: $220,000 to $270,000 223 Pitkin DR, Lockhart TX 78644 · MLS #1452688 Listed at $259,999, 4 bed, 2 bath, 1,454 sq ft. Listed 3% below the ALEX valuation; price reduced 7% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1187159902/223-Pitkin-DR-Lockhart-TX Upper-middle quartile: $270,000 to $390,000 2024 Applewood DR, Lockhart TX 78644 · MLS #7205974 Listed at $289,000, 4 bed, 3 bath, 1,686 sq ft. Listed 5% below the ALEX valuation; price reduced 10% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1176886282/2024-Applewood-DR-Lockhart-TX Upper quartile: $390,000 and up 9765 FM 20, Lockhart TX 78644 · MLS #7316724 Listed at $450,000, 3 bed, 2 bath, 1,856 sq ft. Listed 17% below the ALEX valuation; price reduced 18% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1187045433/9765-FM-20-Lockhart-TX

Key figures · Lockhart · September 2026

16 homes sold in Lockhart in September 2026 (down 46.7% on a year earlier).

Median sale price: $354,900 (up 13.6% on a year earlier).

Median price per square foot: $165.

Median days on market: 92.

Median sale price as a share of the original list price: 86.6%.

130 homes for sale now, about 5.5 months of supply at the pace of the last six months.

Source: Unlock MLS, September 2026. Homes only (single-family, condo, townhome). Information deemed reliable but not guaranteed.

What does a 26.8% jump in median price mean for Lockhart buyers and sellers? In September 2026, the median closed sale price reached $354,900 across 16 transactions, up from $280,000 in August. This sharp increase follows a similar 13.6% rise compared to September 2025, when the median was $312,500. The market is also showing signs of cooling on the speed front. Homes spent an average of 92 days on the market, a 119% increase from the 42 days seen in August and a 76.9% rise compared to the previous year. This suggests that while prices are higher, properties are taking significantly longer to sell. The gap between asking and selling prices has also widened. The median close-to-original list ratio dropped to 0.866, meaning homes sold for roughly 86.6% of their original list price on average. In August, that figure was 0.936. Additionally, 100% of the closed sales in September were below the original list price, compared to 88% in the prior month. Inventory remains a key factor with 130 active listings today. The larger living area of homes sold this month, averaging 1,964 square feet, is 13.4% larger than in August. With only 16 sales recorded, the market volume is lower than the typical monthly pace, yet the price per square foot held steady at $165. ALEX Intelligence analyzes these KPIs to provide a clear snapshot of current conditions. The data reflects a month where fewer homes sold at higher prices but with more negotiation room for buyers. 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 MIT, Nvidia, Google & IBM-Trained. Cross Domain-Expert: Quantum, AI, Ethics, Sovereignty, Intelligence, Philanthropy. Solepoint Planning. VUI AI Cloud Architect. AI Certifications Development. Quant/AI Instructor. Castor Venture Club Member. Associate Broker. George Arnold Alexander III, MPA Partner, ALEX Companies Associate Broker, Alexander Tiffany Southwest, LLC dba ALEX.realestate, et.al. Texas License #574878-B · Broker License #565194-BB Broker, ALEX Real Estate · North Carolina License #367733 Independent Broker, ALEX Real Estate · Colorado License #II.100112456 [email protected] · +1 713.918.9951