Milam County Market Recap: Sales Rise, Prices Hold Steady

Milam County saw 78 closed sales over the rolling six-month period ending October 31, 2026, a slight increase from the 73 sales in the prior six-month window. The median closing price settled at $249,500, which is effectively flat compared to the previous period and up 0.9% from the same timeframe last year. ALEX Intelligence analyzed the market dynamics across these 78 transactions to determine current conditions. Homes spent a median of 68 days on the market, down 32.0% compared to the prior six months and 18.1% faster than last year. This reduction in time on market suggests increased buyer activity or more competitive pricing strategies from sellers. The ratio of final sale price to original list price averaged 92.2%, up slightly from 91.1% previously, indicating that homes are closing closer to their asking prices than before. While the median living area shrank by 4.8% compared to the prior period, the market remains active with 105 new listings entering the pool during this window. With 88 active listings currently on the market and 78 sales over six months, the inventory level stands at approximately 6.77 months of supply. This places the market in a balanced state where neither buyers nor sellers hold a distinct advantage. The data reflects a stable environment where prices are holding steady despite fluctuations in monthly sales volume. 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