Spicewood Home Sizes Shrink as Prices Rise in October

Spicewood buyers are closing on smaller homes at higher prices than a year ago. In October 2026, the median living area for 20 closed sales was 2,124 square feet, down from 2,348 square feet in September and 2,710 square feet in October 2025. This represents a 9.5% drop compared to the prior month and a 21.6% decline year-over-year. ALEX Intelligence analyzed the rolling trend of home sizes across the market to identify this shift toward smaller footprints. While the median sale price rose 4.5% from September to $667,500 and jumped 18.2% compared to last October, the average size of homes sold has contracted significantly. The median price per square foot also increased by 14.1% month-over-month to $291, reflecting the higher cost per unit of space. This trend suggests a market where buyers are prioritizing location or specific features over total square footage, or that new construction and lot constraints in Spicewood are limiting buildable area. The data covers all closed sales in the city for the month, providing a clear view of how home dimensions are evolving alongside price points in this Hill Country community. 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