Giddings Median Prices Rise 5.1% in Rolling Year

What does a 5.1% rise in median home prices mean for Giddings buyers and sellers? Over the rolling 12 months ending October 31, 2026, the median closed price reached $307,900, up from $293,000 in the prior period. This increase reflects 45 closed sales of single-family homes, with prices net of seller-paid concessions. While prices moved higher, the market also saw a shift in how long homes stayed on the market. The median days on market rose to 80 days, a 21.2% increase compared to the prior period and the same time last year. This suggests that while demand remains steady enough to push prices up, buyers are taking longer to finalize purchases or sellers are adjusting expectations. The price per square foot tells a different story of value. Despite higher overall prices, the median price per square foot dropped 9.6% to $162.18, down from $179.49 in the prior period. This indicates that newer or larger homes may be entering the market at lower relative rates, or that price adjustments are occurring more frequently. Current inventory stands at 25 active listings, resulting in approximately 5.36 months of supply based on recent sales velocity. This places the market in a balanced state where neither buyers nor sellers hold a distinct advantage. For those considering a move, understanding these shifting dynamics is essential for timing a transaction effectively. 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