Thorndale Monthly Market Pulse: Prices Dip Slightly in Rolling Year

Thorndale's housing market saw a modest cooling in prices over the trailing twelve months, with the median sale price settling at $374,754. This figure represents a 1.7% decrease compared to the same period last year and a similar drop from the prior rolling window. The analysis covers 26 closed sales of single-family homes, providing a snapshot of activity through October 2026. While prices adjusted downward, the time required to sell a home increased noticeably. Properties spent an average of 118 days on market, which is 18% longer than in the previous year. This extended timeline suggests buyers are taking more time to evaluate listings or that inventory levels have shifted relative to demand. The median price per square foot also declined by 1.2%, settling at $175.02. Homebuyers and sellers should note that the final sale price typically reached 92.6% of the original list price, a slight dip from the prior period. In this market, nearly 89% of homes sold for less than their initial asking price. Despite these adjustments, the average home size grew slightly, with median living area reaching 2,150 square feet. Current mortgage rates stand at 7.18%, influencing buyer purchasing power in this rural Texas community. 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