Llano County October Market Pulse: Prices Dip 22%

Median home prices in Llano County dropped 21.8% in October compared to September, settling at $520,000 across 29 closed sales. Despite the price correction, market activity increased with 29 homes selling, a 11.5% rise from the 26 closings recorded in the prior month. This volume boost helped push the median days on market up slightly by 2.1% to 98 days, while the share of homes selling below original list price dipped 3.2% to 93.1%. Compared to October 2025, prices were up 2.9% and sales volume jumped 26.1%, indicating a recovery in transaction activity despite lower median values than the previous month. The median price per square foot fell 3.1% to $278, while the average home size sold shrank significantly by 33.2% compared to September, likely reflecting a shift toward smaller properties in this month's sales mix. With 296 active listings and 29 closings last month, the market holds approximately 11 months of inventory, suggesting continued buyer leverage. Current mortgage rates stand at 7.18% as of November 5, 2026. For a $520,000 home, a standard 3/2/1 buydown would cost approximately $19,248 to reduce the initial interest rate from 7.18% to 4.18% in the first year. ALEX Intelligence analyzed these figures to provide a clear snapshot of current market conditions without projecting future trends. The data reflects actual closed transactions and active inventory as of October 31, 2026. 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