Milam County Inventory Signals Buyer Market Conditions

Milam County currently holds 7.11 months of inventory based on the pace of sales over the last six months. This figure places the market firmly in buyer territory, where supply exceeds demand and gives purchasers more negotiating power. The analysis relies on a rolling six-month window ending October 31, 2026, covering 76 closed sales. During this period, the median home price settled at $247,000, down slightly from $250,000 in the prior six months. Homes are taking longer to sell as well; the median days on market dropped to 76 days from 100 days previously, yet remains higher than the 83-day average seen in the same window last year. ALEX Intelligence calculates the months of inventory by dividing the current active listings count of 90 homes by the monthly sales rate derived from the trailing six-month total. A reading above six months typically indicates a buyer's market, while below four suggests a seller's market. With 7.11 months available, buyers have a wider selection and less pressure to act immediately compared to tighter markets. The data also shows that 81.6% of homes sold for less than their original list price, reinforcing the shift in leverage toward purchasers. This metric has remained stable compared to the same period last year but improved slightly from the prior six-month window where 86.3% of sales fell below asking. https://alex.realestate/milam-county 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