| George Arnold Alexander III, MPA |
| Partner, ALEX Companies |
| Associate Broker, Alexander Tiffany Southwest, LLC |
| Licensed Broker in TX, CO, NC, AL |
| [email protected] · +1 713.918.9951 |
| TREC Information About Brokerage Services · TREC Consumer Protection Notice |
Lee County Inventory Signals a Balanced Market
By George Arnold Alexander III, MPA · Associate Broker · 2026-11-09
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 $206,000
1242 Main Ave, Lincoln TX 78948 · MLS #7787058
Listed at $199,000, 3 bed, 2 bath, 1,216 sq ft. Listed 11% below the ALEX valuation; 34% under the local price per sq ft.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1191039902/1242-Main-Ave-Lincoln-TX
Lower-middle quartile: $206,000 to $339,000
913 7th ST, Lexington TX 78947 · MLS #1474731
Listed at $285,000, 3 bed, 2 bath, 1,725 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.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1189785980/913-7th-ST-Lexington-TX
Upper-middle quartile: $339,000 to $476,000
831 Whispering Oaks Drive, Giddings TX 78942 · MLS #1120110
Listed at $434,900, 3 bed, 2 bath, 1,996 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.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1190663009/831-Whispering-Oaks-Drive-Giddings-TX
Upper quartile: $476,000 and up
4057 W HIGHWAY 21, Paige TX 78659 · MLS #8113669
Listed at $600,000, 3 bed, 2 bath, 1,730 sq ft. The top-scoring home for sale here this week on price per sq ft, price changes and time on market; price reduced 8% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1182808418/4057-W-HIGHWAY-21-Paige-TX
Key figures · Lee County · rolling 6 months ending Oct 31, 2026
- 47 homes sold in Lee County in the 6 months ending Oct 31, 2026 (up 23.7% on a year earlier).
- Median net sale price: $338,000 (down 0.7% on a year earlier).
- Median price per square foot: $175.
- Median days on market: 61.
- Median sale price as a share of the original list price: 93.3%.
- 49 homes for sale now, about 6.3 months of supply at the pace of the last six months.
Source: Unlock MLS, rolling 6 months ending Oct 31, 2026. Single-family homes; prices net of seller-paid concessions, the same figures as the ALEX market statistics pages. Information deemed reliable but not guaranteed.
How many months of homes are available for sale relative to the pace of closings? In Lee County, the answer is 6.26 months based on the rolling six-month window ending October 31, 2026. This figure places the market in balanced territory, where neither buyers nor sellers hold a distinct advantage.
ALEX Intelligence calculates this metric by dividing the current active inventory of 49 homes by the average monthly closing rate of roughly eight sales per month over the last half-year. A reading near six months typically indicates equilibrium, whereas figures below four months suggest a seller's market and those above seven point toward a buyer's market.
The data reveals a significant shift in speed compared to the prior six-month period. Median days on market dropped 45.5% to 61 days, while median closed prices rose 10.1% to $338,000 across 47 sales. Despite this acceleration, the inventory level remains high enough to prevent a bidding war environment.
For buyers, this balance means there is time to evaluate options without immediate pressure. Sellers should note that while homes are selling faster than before, the six-month supply suggests they must price competitively to move quickly. The market is stabilizing after a period of rapid change, offering a predictable environment for transactions.
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 and active listings, rolling 6 months ending Oct 31, 2026, n=47
Cover photo: Lake Somerville State Park, Lee County by William L. Farr, CC BY-SA 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










