| George Arnold Alexander III, MPA |
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Lampasas: How Close to List Price Did Homes Sell?
By George Arnold Alexander III, MPA · Associate Broker · 2026-10-23
Deal of the Week

Deals of the Week by price quartile. The quartiles come from the last 12 months of closed sales here. Each pick has the top ALEX deal score in its price range.
Lower quartile: under $249,000
1120 Nix RD, Lampasas TX 76550 · MLS #2075197
Listed at $229,900, 3 bed, 1 bath, 1,180 sq ft. The top-scoring home for sale here this week on price per sq ft, price changes and time on market; price reduced 4% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1182517483/1120-Nix-RD-Lampasas-TX
Lower-middle quartile: $249,000 to $325,000
708 W North Ave, Lampasas TX 76550 · MLS #7163525
Listed at $285,000, 2 bed, 2 bath, 1,972 sq ft. The top-scoring home for sale here this week on price per sq ft, price changes and time on market; 7% under the local price per sq ft; price reduced 12% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1182888413/708-W-North-Ave-Lampasas-TX
Upper-middle quartile: $325,000 to $432,000
502 W Avenue A, Lampasas TX 76550 · MLS #4942110
Listed at $325,000, 3 bed, 2 bath, 2,341 sq ft. The top-scoring home for sale here this week on price per sq ft, price changes and time on market; 10% under the local price per sq ft; price reduced 7% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1185314914/502-W-Avenue-A-Lampasas-TX
Upper quartile: $432,000 and up
224 Blackbuck Ridge DR, Lampasas TX 76550 · MLS #1114216
Listed at $749,000, 3 bed, 3 bath, 2,532 sq ft. Listed 24% below the ALEX valuation; price reduced 16% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1180099851/224-Blackbuck-Ridge-DR-Lampasas-TX
Key figures · Lampasas · rolling 6 months ending Sep 30, 2026
- 47 homes sold in Lampasas in the 6 months ending Sep 30, 2026 (up 123.8% on a year earlier).
- Median sale price: $345,000 (up 16.2% on a year earlier).
- Median price per square foot: $192.
- Median days on market: 59.
- Median sale price as a share of the original list price: 94.5%.
- 41 homes for sale now, about 5.2 months of supply at the pace of the last six months.
Source: Unlock MLS, rolling 6 months ending Sep 30, 2026. Homes only (single-family, condo, townhome). Information deemed reliable but not guaranteed.
In Lampasas, buyers and sellers are negotiating closer to the asking price than they were a year ago. Over the rolling six months ending September 30, 2026, homes sold for a median of $345,000, which represents 94.5% of the original list price across 47 closed sales. This figure marks a 1.7% increase compared to the prior six-month period and is up slightly from the same window last year.
The List-to-Sale Price Ratio measures how much of the initial asking price a home ultimately fetches upon closing. A ratio below 100% indicates that homes sold for less than listed, while a ratio above 100% means they sold for more. In Lampasas, the median ratio of 94.5% suggests that most properties are still selling at a discount to their original list price, though the gap is narrowing.
ALEX Intelligence analyzed the pricing trends to show how this metric shifts across different price tiers. While 89.4% of homes sold below their original list price during this period, the average discount has decreased compared to previous months. This trend indicates a market where sellers are becoming more realistic with initial pricing, or buyers are offering closer to asking in competitive scenarios.
The median days on market also dropped significantly to 59 days, down 27.2% from the prior six-month period. Faster sales combined with improved price realization suggest that inventory is moving efficiently. However, with 41 active listings and a months of inventory reading of 5.23, the market remains balanced rather than favoring one side exclusively.
The data reflects a steady recovery in value retention, with median prices rising 17.6% from the prior six-month period and 16.2% year-over-year. As buyers navigate this environment, understanding the list-to-sale ratio provides a clearer picture of what to expect when making an offer or listing 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
Source data: Unlock MLS closed sales, rolling 6 months ending Sep 30, 2026, n=47
Cover photo: (311-319 E. 3rd Street - Lampasas Texas) - DPLA - 0ff185c8d1885a854ec9b2b7818b51e5 by Hicks, William, CC BY 4.0, via Wikimedia Commons; darkened, cropped and text added.
Licensed by the Texas Real Estate Commission. Broker: Alexander Tiffany Southwest, LLC · License #565194-BB.
Diane Hart Alexander, Chair & CEO, ALEX Companies · Designated Broker · #574877-B · George Arnold Alexander III, Partner, ALEX Companies · Associate Broker · #574878-B
Texas Real Estate Commission Information About Brokerage Services · TREC Consumer Protection Notice · trec.texas.gov
Diane Hart Alexander, Chair & CEO, ALEX Companies · Designated Broker · #574877-B · George Arnold Alexander III, Partner, ALEX Companies · Associate Broker · #574878-B
Texas Real Estate Commission Information About Brokerage Services · TREC Consumer Protection Notice · trec.texas.gov










