Jonestown Entry-Level Homes: Affordability Check

What does it take to buy an entry-level home in Jonestown today? The bottom quartile of recent sales shows a median price of $550,000 across 45 closed sales in the rolling six months ending October 31, 2026. This figure represents the most affordable tier available in the current market. ALEX Intelligence applied an affordability model to these figures using the current mortgage rate of 7.11% from the Freddie Mac Primary Mortgage Market Survey dated November 12, 2026. For a buyer putting 20% down on a $550,000 home, the principal and interest payment is estimated at $2,960 per month. Buyers can lower this monthly cost through buydowns. A standard 3-2-1 buydown reduces the rate to 4.11% in year one, saving $831 monthly, but costs $20,280 upfront. A 2-1 buydown offers a smaller reduction for $10,308. These scenarios illustrate how financing terms directly impact monthly cash flow for entry-level buyers in this price range. The median home size for these transactions is 1,892 square feet, down from larger homes in prior periods. With 72 active listings and 45 closings over six months, the market shows a balanced supply relative to demand for this segment. 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