Milam County: New Listings Outpace Closings in Rolling Six Months

Milam County is currently experiencing a shift in inventory dynamics as new supply outpaces demand. Over the rolling six-month period ending October 31, 2026, 134 new listings entered the market while only 76 homes successfully closed. This imbalance creates a distinct supply gap where fresh inventory arrives faster than transactions are finalized. ALEX Intelligence analyzed this dual-axis trend to highlight the changing balance between available stock and buyer activity. The data shows that while 134 properties were added to the active pool, the closing volume of 76 sales indicates a slower absorption rate compared to the influx of new listings. This pattern suggests that buyers have more immediate options than in previous periods where closings might have outpaced new supply. The median home price for these 76 closed sales settled at $245,750, with properties spending an average of 76 days on market before selling. Compared to the prior six-month window, the number of days on market dropped by 30.9%, indicating that homes are moving faster even as the total volume of new listings rises. The median price per square foot also saw a slight decline of 3.7% compared to the previous period, settling at $149.10. This divergence between new listings and closings is a key indicator for local market health. While the number of closed sales remained relatively stable compared to the same window last year (76 vs 76), the surge in new supply provides a broader selection for buyers without immediate pressure from a shortage of inventory. 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