Jonestown Market Recap: Prices Drop as Sales Slow in Late 2026

Jonestown home prices have dropped significantly over the past year, with the median closing price falling to $550,000 in the six-month period ending October 31, 2026. This represents a 34.9% decrease compared to the same window last year and a 22.0% drop from the prior six-month period. The market has also seen a shift toward smaller homes, with the median living area shrinking by 38.1% year-over-year to 1,892 square feet. Despite the price declines, buyers are still negotiating hard. Homes sold for an average of 92.5% of their original list price, down from 94.4% in the prior period and 89.2% a year ago. The share of homes selling below the original list price rose to 88.9%, indicating that nearly nine out of ten transactions required price concessions or negotiation. Days on market have also improved, dropping 32.7% from last year to 72 days, suggesting properties are moving faster than they were a year ago despite lower prices. New construction activity remains a small but steady part of the mix, with five new homes closing in the period compared to ten in the prior six months and eight a year ago. The current inventory level stands at 8.24 months of supply, suggesting a buyer-favorable environment where buyers have more choices than sellers. While prices remain well below their peaks from late 2025, the market is showing signs of stabilization with sales volume holding steady relative to the prior period. ALEX Intelligence analyzed these trends using a rolling six-month window to smooth out seasonal volatility and provide a clear view of current market conditions for buyers and sellers in Jonestown. 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