Spring Branch Market Pulse: Median Price Rises to $764K

What does a 38% jump in median home prices mean for the Spring Branch market? Over the rolling 12 months ending October 31, 2026, the median close price reached $763,985 across 27 closed sales. This represents a significant increase compared to the prior 12-month period and the same window last year, where the median was $553,748. The market is also seeing larger homes sell for higher prices. The median living area grew by 22.8% to 2,608 square feet, while the price per square foot dipped slightly by 2% to $249. Homes are taking longer to sell as well; median days on market rose 15.7% to 96 days. This slower pace coincides with a shift in negotiation dynamics, where the share of homes selling below original list price dropped from 88.5% to 77.8%. ALEX Intelligence analyzes these KPIs to track how supply and demand interact in this specific city. With only 27 closed sales in the analysis window, the data reflects a low-volume market where individual transactions can significantly influence the median. Buyers and sellers should note that while prices are up, the extended time on market suggests a more measured pace than in previous periods. The current mortgage rate of 7.18% from Freddie Mac influences affordability calculations for these higher-priced properties. As inventory remains tight with only 16 active listings today, the balance of power continues to shift based on how quickly qualified buyers respond to the current price levels. 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