Kissing Tree: How Rates Affect Buying Power This Month

What does a 7.32% mortgage rate mean for buyers in Kissing Tree today? With the median home price at $451,750 across 54 closed sales in the rolling six-month window, monthly payments are significantly higher than they were when rates were lower. A buyer purchasing at the median with a 20% down payment faces a principal and interest payment of $2,483 per month. ALEX Intelligence modeled two common buydown scenarios to show how these costs shift affordability. A standard 3-2-1 buydown reduces the rate to 4.32% in year one, saving $690 monthly, but requires an upfront cost of $16,836. A 2-1 buydown offers a smaller reduction to 5.32% in year one for a total cost of $8,556. These figures represent the median sale price with a 20% down payment and are estimates based on current market data, not appraisals. The high rate environment has also influenced how long homes stay on the market. The median days on market rose to 126 days compared to 64 days in the same period last year, reflecting the time buyers need to secure financing at these levels. While prices have risen 3.9% year-over-year, the cost of borrowing remains the primary factor determining what a buyer can afford. The data reflects sales from the rolling six months ending September 30, 2026. Mortgage rates are sourced from the Freddie Mac Primary Mortgage Market Survey for the week of October 22, 2026. 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