Lampasas Median Price Rises 16.2% in Six Months

What does a 16.2 percent jump in median price mean for buyers and sellers in Lampasas? The data shows that over the rolling six months ending September 30, 2026, the median close price rose to $345,000. This represents a 17.6 percent increase compared to the prior six-month period and a 16.2 percent gain year-over-year. ALEX Intelligence analyzed 47 closed sales to determine these trends. The market is also showing signs of tightening inventory pressure. Median days on market dropped to 59 days, down 27.2 percent from the previous six months, though it remains 13.5 percent higher than the same window last year. Homes are selling for 94.5 percent of their original list price, a slight improvement over the prior period. The median price per square foot climbed to $192, up 9.1 percent from the prior six months. With 40 active listings and 47 sales in the last half-year, the market currently holds approximately 5.11 months of inventory. This suggests a balanced environment where neither buyers nor sellers hold absolute leverage. Current mortgage rates stand at 7.32 percent as of late October 2026. For a home priced at the current median with a 20 percent down payment, the principal and interest payment is $1,896 per month. Buyers utilizing a 3-2-1 buydown could reduce that initial payment to $1,369 in the first year, though the total cost of such an incentive would be $12,852. 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