Milam County: New Listings Outpace Closings in Rolling Six Months

Deal of the Week

305 N 5th ST, Thorndale TX 76577
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 $189,000 305 N 5th ST, Thorndale TX 76577 · MLS #2007096 Listed at $140,000, 2 bed, 1 bath, 1,176 sq ft. Listed 31% below the ALEX valuation; 32% under the local price per sq ft; price reduced 38% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1187301160/517-ZAPATA-CIR-New-Braunfels-TX Lower-middle quartile: $189,000 to $250,000 1902 N Fannin Ave, Cameron TX 76520 · MLS #1219290 Listed at $233,000, 3 bed, 2 bath, 1,520 sq ft. The top-scoring home for sale here this week on price per sq ft, price changes and time on market; price reduced 3% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1173685082/1902-N-Fannin-Ave-Cameron-TX Upper-middle quartile: $250,000 to $379,000 104 Kenzie ST, Thorndale TX 76577 · MLS #8327360 Listed at $366,800, 3 bed, 2 bath, 2,024 sq ft. The top-scoring home for sale here this week on price per sq ft, price changes and time on market; price reduced 9% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1182521865/104-Kenzie-ST-Thorndale-TX Upper quartile: $379,000 and up 800 Gauge RD, Thorndale TX 76577 · MLS #5833181 Listed at $398,070, 3 bed, 3 bath, 2,442 sq ft. Listed 7% below the ALEX valuation; 4% under the local price per sq ft; price reduced 10% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1189275033/800-Gauge-RD-Thorndale-TX

Key figures · Milam County · rolling 6 months ending Sep 30, 2026

Source: Unlock MLS, rolling 6 months ending Sep 30, 2026. Homes only (single-family, condo, townhome). Information deemed reliable but not guaranteed.

Market figures by town

Milam County is currently experiencing a shift in its balance between new supply and completed transactions. Over the rolling six-month period ending September 30, 2026, 106 new listings entered the market while 83 homes successfully closed. This divergence indicates that new inventory is arriving faster than sales are finalizing, creating a temporary gap between supply and demand. ALEX Intelligence analyzed the dual-axis trend of new listings versus closings to quantify this dynamic. The data shows that while 106 properties were added to the active pool, only 83 transactions reached closing status. This pattern suggests that buyers may have more options to choose from compared to previous periods where sales outpaced new supply. The median days on market for these 83 closed sales dropped significantly by 37.3% compared to the prior six-month period, falling to 64 days. Despite this acceleration in sales velocity, the cumulative effect of 106 new listings means the overall inventory pressure has shifted. The median close price settled at $245,000, reflecting a slight 1.5% decrease from the previous six months as the market absorbed the influx of new properties. This supply gap highlights a transitional phase where listing activity is outpacing transaction volume. For sellers, this environment may require competitive pricing to stand out among the growing number of available homes. For buyers, the increased availability offers more choices, though the median price remains sensitive to the balance between incoming listings and closing rates. 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
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Source data: Unlock MLS rolling 6 months ending Sep 30, 2026, n=83 closed sales and n=106 new listings
Cover photo: Black willows, Cameron by Endercase, CC BY-SA 4.0, via Wikimedia Commons; darkened, cropped and text added.
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Licensed by the Texas Real Estate Commission. Broker: Alexander Tiffany Southwest, LLC · License #565194-BB.
Diane Hart Alexander, Chair & CEO, ALEX Companies · Designated Broker · #574877-B  ·  George Arnold Alexander III, Partner, ALEX Companies · Associate Broker · #574878-B
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