Llano County October Market Recap and Outlook

Llano County saw median home prices rise 2.9% compared to last October, reaching $520,000 across 27 closed sales. This marks a shift from the previous month, where prices dropped 21.8%, as the market stabilized after a volatile period. The number of homes sold increased slightly by 3.8% from September and rose 17.4% compared to October 2025. Days on market continued to shorten, dropping 31.2% year-over-year to a median of 95 days. This indicates that while inventory remains high with 11.25 months of supply, homes are moving faster than they were a year ago. The share of homes selling below original list price fell to 92.6%, down from 96.2% in September, suggesting sellers are regaining some pricing leverage. ALEX Intelligence analyzed the 24-month trend to contextualize these figures. October's median price of $520,000 is significantly lower than the peak seen in May ($760,000) but remains above the low point recorded in November 2025 ($380,500). The market shows resilience with sales volume recovering from the seasonal dip typical of late autumn. With 298 active listings and 27 closings this month, the market remains in a buyer-favorable environment regarding inventory levels. However, the reduction in days on market and the stabilization of prices suggest a gradual shift toward balance. Buyers should note that while competition is lower than in peak summer months, properties priced correctly are selling within three months. Current mortgage rates stand at 7.24% according to Freddie Mac data from late October. For a median-priced home, this rate impacts monthly payments significantly, though buydown options can reduce initial costs by up to $791 per month in the first year. The market is currently defined by steady activity rather than rapid appreciation or decline. 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