Lee County: New Listings Outpace Closings in Rolling Six Months

Deal of the Week

Deal of the Week · 1242 Main Ave, Lincoln TX 78948 · MLS #7787058 · Listed by Schultz Texas Properties, LLC. ALEX valuation $224,000 is an ALEX Intelligence estimate, not an appraisal.

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%.

50 homes for sale now, about 6.4 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.

Lee County is currently experiencing a distinct supply gap where new listings are outpacing closings. Over the rolling six-month period ending October 31, 2026, the market absorbed 47 closed sales while 71 new homes hit the market. This dynamic creates a net increase in available inventory, shifting the balance between buyers and sellers compared to the prior six-month window where only 34 homes sold against 67 new listings. ALEX Intelligence analyzed the dual-axis supply and demand trend to quantify this gap. The ratio of new listings to closed sales stands at approximately 1.5 to 1, indicating that for every home sold, roughly one and a half new properties were added to the market. This accumulation contributes to the current inventory levels, with 50 active homes on the market today representing about 6.4 months of supply based on the recent sales pace. While the median closing price rose 10.1% compared to the prior six-month period to $338,000, the influx of new supply is tempering price acceleration. The number of days homes remain on the market has dropped significantly by 45.5% compared to the prior window, settling at a median of 61 days, yet the volume of new entries continues to exceed the absorption rate. This pattern suggests a market where fresh inventory is arriving faster than it is being purchased, providing buyers with more selection even as prices show resilience. The data reflects a shift from the tighter constraints seen previously, where sales outpaced new listings in certain periods. With 47 closed sales recorded against 71 new entries, the market is currently in a phase of building stock rather than depleting it. This supply gap is a key indicator for understanding future price stability and negotiation leverage in Lee County. 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

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

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