Llano Entry-Level Homes: Affordability Check

Can a buyer afford an entry-level home in Llano today? The median price for the bottom quartile of sales is $217,500 across 11 closed sales in the rolling 12 months ending Oct 31, 2026. This figure represents the most affordable tier available in the city market during this period. ALEX Intelligence analyzed the financing landscape for these entry-level purchases using a model based on the median sale price of $217,500 and a current mortgage rate of 7.11% from the Freddie Mac Primary Mortgage Market Survey dated Nov 12, 2026. The resulting principal and interest payment is $1,171 per month. The data shows that 90.9% of these sales closed below the original list price, indicating significant negotiation room for buyers in this segment. The median days on market for these homes is 109 days, suggesting a slower pace compared to prior periods where the median was just 39 days. Price per square foot for this tier sits at $130.56, down 21.6% from the prior period. While the sample size of 11 sales is small, the trend shows that entry-level homes in Llano are currently priced lower than they were a year ago, with median prices dropping 39.8% compared to the same window last year. Buyers should note that cash purchases were not reported for this specific cohort, and contract-to-close timelines were not tracked in this dataset. The market remains active with 19 homes currently listed, though the volume of closed sales remains low at just 11 transactions over the past year. Looking to buy in Llano? Get new listings the day they hit the market. Based on 11 closed sales in the 12 months ending Oct 31, 2026. Coverage: most home sales in Llano are listed in the Highland Lakes MLS, which ALEX does not receive yet. The figures in this post count only sales listed in Unlock MLS (ABOR), so they describe part of the local market, not all of it. 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