Lockhart Market Heat Score: A Balanced Shift in October

What does the current market balance look like for buyers and sellers in Lockhart? This composite index blends four key metrics to gauge whether the local market favors buyers, sellers, or remains balanced. ALEX Intelligence calculated this score using data from October 2026, analyzing 23 closed sales. The calculation weighs median days on market, the close-to-list price ratio, inventory levels, and the share of listings with price cuts. In Lockhart, the median home sold for $329,800, which is 36% higher than the same month last year, yet properties stayed on the market for a median of 73 days. The score reflects a shift toward balance. While prices have surged significantly compared to October 2025, the 73-day median time on market indicates that homes are not selling as quickly as they did in the previous year. Additionally, 87% of closed sales were below their original list price, and inventory levels suggest roughly 5.18 months of supply. These factors combined with a close-to-list ratio of 85.6% pull the heat score down from a seller-favorable range into a balanced zone. For buyers, this suggests there is room for negotiation compared to a hot market, while sellers must price realistically to compete in an environment where nearly nine out of ten homes sell below asking. The data shows a market that is active but cooling slightly in terms of speed, even as values continue to climb. 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