Uhland Entry-Level Homes: Can Buyers Afford the Drop?

Can buyers afford the current entry-level price drop in Uhland? The median sale price for homes in the bottom quartile of the market is now $231,990, down 9.0% from the same period last year across 83 closed sales in the rolling six months ending September 30, 2026. ALEX Intelligence analyzed affordability using current mortgage rates and median entry-level pricing. With a 30-year fixed rate at 7.32% (Freddie Mac, week of Oct 22, 2026), a buyer purchasing an entry-level home for $231,990 with a 20% down payment faces a principal and interest payment of $1,275 per month. To lower that monthly burden, a 3-2-1 buydown could reduce the rate to 4.32% in year one, saving $354 monthly at a total cost of $8,640. A 2-1 buydown would start at 5.32%, saving $242 monthly for a total cost of $4,392. These figures represent the median sale price and do not include taxes or insurance. While prices have softened, the market remains active with 83 closed sales in the last six months. The median home size has grown to 1,575 square feet, up 5.8% from a year ago, suggesting buyers are getting more space for their money even as rates remain elevated. 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