Lago Vista Market Recap: Sales Drop, Prices Soften in September

Deal of the Week

Deal of the Week · 20701 Camel Back ST, Lago Vista TX 78645 · MLS #6398406 · Listed by eXp Realty, LLC. ALEX valuation $336,000 is an ALEX Intelligence estimate, not an appraisal.

Deals of the Week by price quartile. The quartiles come from the last 12 months of closed sales here. Each pick has the top ALEX deal score in its price range. Lower quartile: under $340,000 20701 Camel Back ST, Lago Vista TX 78645 · MLS #6398406 Listed at $334,900, 3 bed, 2 bath, 1,759 sq ft. Listed 0% below the ALEX valuation; 8% under the local price per sq ft; price reduced 4% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1185888056/20701-Camel-Back-ST-Lago-Vista-TX Lower-middle quartile: $340,000 to $415,000 20900 Boggy Ford RD, Lago Vista TX 78645 · MLS #2376259 Listed at $385,000, 3 bed, 3 bath, 2,021 sq ft. Listed 5% below the ALEX valuation; 8% under the local price per sq ft; price reduced 10% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1186569376/20900-Boggy-Ford-RD-Lago-Vista-TX Upper-middle quartile: $415,000 to $600,000 3721 Firemans TRL, Lago Vista TX 78645 · MLS #8879039 Listed at $495,000, 1 bed, 1 bath, 873 sq ft. Listed 10% below the ALEX valuation; price reduced 45% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1182519947/3721-Firemans-TRL-Lago-Vista-TX Upper quartile: $600,000 and up 3206 Marshall Ave, Lago Vista TX 78645 · MLS #5601067 Listed at $849,000, 4 bed, 4 bath, 3,050 sq ft. Listed 7% below the ALEX valuation; price reduced 15% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1172611549/3206-Marshall-Ave-Lago-Vista-TX

Key figures · Lago Vista · September 2026

12 homes sold in Lago Vista in September 2026 (down 50.0% on a year earlier).

Median sale price: $378,500 (down 2.3% on a year earlier).

Median price per square foot: $198.

Median days on market: 78.

Median sale price as a share of the original list price: 90.5%.

193 homes for sale now, about 6.5 months of supply at the pace of the last six months.

Source: Unlock MLS, September 2026. Homes only (single-family, condo, townhome). Information deemed reliable but not guaranteed.

Lago Vista saw only 12 closed sales in September, the lowest monthly volume in over two years. The median closing price settled at $378,500, down 9.9% from August and 2.3% lower than September 2025. This marks a continued cooling trend where homes are selling for less relative to their original list prices, with the close-to-list ratio dropping to 90.5%. Inventory remains elevated at 193 active listings, creating 6.5 months of supply. While this suggests a balanced market leaning toward buyers, the pace of sales has slowed significantly compared to the spring peak. The median days on market rose to 78 days, up 21.9% from August, indicating that properties are staying listed longer before going under contract. Despite the slowdown in volume and price, the market shows resilience in specific segments. New construction accounted for two of the twelve closings, and the Lago Vista elementary school zone saw eleven sales with a median price of $368,000. The average home size sold was 1,780 square feet, down from the prior month's larger transactions. ALEX Intelligence analyzed the trailing twelve-month data to contextualize these figures. While September activity is thin compared to the 24 sales recorded a year ago, the median price remains within historical ranges for this time of year. The market is currently defined by higher inventory and longer selling times rather than a collapse in value. Current mortgage rates stand at 7.32% according to Freddie Mac data from late October. For a buyer purchasing a $378,500 home, a 3-2-1 buydown could reduce the initial interest rate to 4.32%, saving roughly $578 per month in the first year at a total cost of $14,100. The data reflects a market adjusting to higher rates and increased supply, with buyers gaining more negotiating power as sellers compete for fewer active transactions. 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 MIT, Nvidia, Google & IBM-Trained. Cross Domain-Expert: Quantum, AI, Ethics, Sovereignty, Intelligence, Philanthropy. Solepoint Planning. VUI AI Cloud Architect. AI Certifications Development. Quant/AI Instructor. Castor Venture Club Member. Associate Broker. George Arnold Alexander III, MPA Partner, ALEX Companies Associate Broker, Alexander Tiffany Southwest, LLC dba ALEX.realestate, et.al. Texas License #574878-B · Broker License #565194-BB Broker, ALEX Real Estate · North Carolina License #367733 Independent Broker, ALEX Real Estate · Colorado License #II.100112456 [email protected] · +1 713.918.9951