Cedar Park Monthly Recap and Outlook: September 2026

Cedar Park saw median home prices drop to $436,969 in September, down 9.9% from the same month last year across 56 closed sales. This marks a significant cooling compared to the previous month, where the median price was $500,000. The market also slowed on the supply side, with only 54 new listings entering the market against 56 closings, while active inventory sits at 199 homes. Days on market extended to a median of 51 days, up 21.4% from September 2025 and 50% longer than in August. Buyers are negotiating more aggressively; the median close-to-original list ratio fell to 0.945. This is a shift from the prior month when sellers received 96.3% of their list price. The current mortgage rate stands at 7.32%, according to the Freddie Mac Primary Mortgage Market Survey for the week of October 22, 2026. At this rate and a median price of $436,969, a buyer with a down payment faces a principal and interest payment of $2,401 monthly. A 3-2-1 buydown would cost approximately $16,260 to reduce that initial payment by over $600 in the first year. Looking ahead, the market remains balanced but leans toward buyers given the rising inventory and longer selling times. The 2.52 months of supply indicates a shift away from the seller's pace seen earlier in the year. While activity remains steady with 56 sales, the downward pressure on prices suggests continued negotiation leverage for purchasers entering the market this fall. 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