Spicewood Market vs. Neighbors: Prices Up, Days on Market Soar

Deal of the Week

Deal of the Week · 25829 Case LN # 8, Spicewood TX 78669 · MLS #5338137 · Listed by Domum Realty Inc. ALEX valuation $440,000 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 $522,000 25829 Case LN # 8, Spicewood TX 78669 · MLS #5338137 Listed at $325,000, 4 bed, 3 bath, 2,393 sq ft. Listed 26% below the ALEX valuation; 49% under the local price per sq ft; price reduced 26% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1185502012/25829-Case-LN-8-Spicewood-TX Lower-middle quartile: $522,000 to $675,000 1025 Lake Shore DR, Spicewood TX 78669 · MLS #1233693 Listed at $639,000, 3 bed, 3 bath, 1,842 sq ft. Listed 6% below the ALEX valuation; price reduced 9% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1178341943/1025-Lake-Shore-DR-Spicewood-TX Upper-middle quartile: $675,000 to $999,000 509 Coventry RD, Spicewood TX 78669 · MLS #3978434 Listed at $749,000, 4 bed, 4.5 bath, 3,441 sq ft. Listed 17% below the ALEX valuation; price reduced 29% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1180457012/509-Coventry-RD-Spicewood-TX Upper quartile: $999,000 and up 21301 Dill CIR, Spicewood TX 78669 · MLS #4236948 Listed at $1,595,145, 4 bed, 4.5 bath, 3,667 sq ft. Listed 17% below the ALEX valuation; price reduced 28% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1071618901/21301-Dill-CIR-Spicewood-TX

Key figures · Spicewood · October 2026

23 homes sold in Spicewood in October 2026 (up 27.8% on a year earlier).

Median sale price: $690,000 (up 22.2% on a year earlier).

Median price per square foot: $304.

Median days on market: 152.

Median sale price as a share of the original list price: 88.3%.

209 homes for sale now, about 7.7 months of supply at the pace of the last six months.

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

Spicewood's median home price reached $690,000 in October 2026, a 22.2% increase from the same month last year across 23 closed sales. This price growth outpaced the broader region where the median was $400,000 and Travis County at $480,000. However, the time required to sell a home also shifted significantly. The median days on market rose to 152 days, up 50.5% from September and 16.9% higher than October 2025. ALEX Intelligence compared these figures against regional benchmarks to highlight the divergence. While Spicewood sellers achieved a close-to-original list ratio of 88.3%, this was lower than the region's 93.8% and Travis County's 94.1%. The share of homes selling below original list price climbed to 95.7%, compared to 83.5% in both the region and Travis County. Inventory levels also tell a story of shifting dynamics. With 209 active listings and 23 closings, the market held 7.65 months of inventory. This supply level suggests a transition toward buyer leverage, contrasting with the tighter conditions seen in neighboring markets where median days on market were significantly lower at 58 days for the region and 49 days for Travis County. Current mortgage rates stand at 7.18% according to Freddie Mac data from the week of November 5, 2026. At this rate, a buyer purchasing a median-priced Spicewood home with a loan amount of $552,000 would face a principal and interest payment of $3,739 per month. A 3-2-1 buydown could reduce that first-year payment to $2,693 for a total cost of $25,512. The data reflects a market where value is rising but patience is required. Buyers in Spicewood are navigating a landscape where homes take longer to sell and price negotiations are more common than in the surrounding counties. 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

George Arnold Alexander III, MPA

Partner, ALEX Companies

Associate Broker, Alexander Tiffany Southwest, LLC

Licensed Broker in TX, CO, NC, AL

[email protected] · +1 713.918.9951

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