Wimberley Market Recap: Prices Dip, Sales Hold Steady

Wimberley saw its median home price drop to $523,000 in the six months ending October 31, 2026, down 12.5% from the prior six-month period. This decline occurred alongside a 7.0% increase compared to the same window last year, reflecting a market that has cooled from its peak but remains active with 112 closed sales. ALEX Intelligence analyzed the supply and demand balance using current inventory levels. With 179 active listings and 112 closings over the trailing six months, the market now holds 9.6 months of inventory. This shift indicates a transition toward buyer conditions, as homes took an average of 63 days to sell, down 14.9% from the prior period but still longer than the 58-day average seen last year. Affordability dynamics have also shifted. The median close-to-original list ratio improved slightly to 0.947, suggesting buyers are negotiating closer to asking prices compared to the 0.930 ratio in the previous six months. New construction activity remained robust with 19 closings, while total new listings reached 183, adding fresh supply to the market. The data shows a clear trend where larger homes are selling at lower price points per square foot. The median living area dropped to 1,934 square feet from 2,110 in the prior period, while the median price per square foot fell 3.5% to $274. This suggests a shift toward more modestly sized properties or a repricing of larger inventory. With mortgage rates at 7.18%, buyers are navigating a market where patience and negotiation are key factors in securing a property. 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