6 Creeks Entry-Level Homes: Affordability Check

What does an entry-level home cost in 6 Creeks when rates are high? The median price for the bottom quartile of sales is $490,476 across 81 closed sales in the rolling six months ending September 30, 2026. ALEX Intelligence analyzed this segment to determine affordability against current financing costs. With a 7.32% mortgage rate from the Freddie Mac Primary Mortgage Market Survey (week of October 22, 2026), a buyer putting 20% down on a median entry-level home faces a principal and interest payment of $2,695 per month. The data shows that homes in this price tier are selling for a median of $199 per square foot. While the median days on market has dropped to 104 days compared to 140 days in the prior period, affordability remains a key factor. A 3-2-1 buydown would cost approximately $18,252, reducing the first-year payment to $1,946, while a 2-1 buydown costs about $9,264 for a first-year payment of $2,184. These figures represent the median entry-level price point and do not reflect individual property values or appraisals. The market shows that even at this price level, nearly all sales (93.8%) closed below the original list price, indicating buyers are negotiating effectively in the current environment. 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