Mortgage Rates and Buying Power in Morningstar

Deal of the Week

Deal of the Week · 129 Tall Grass DR, Georgetown TX 78628 · MLS #2334169 · Listed by Texas Ally Real Estate Group. ALEX valuation $278,000 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 $302,000 129 Tall Grass DR, Georgetown TX 78628 · MLS #2334169 Listed at $274,900, 3 bed, 2 bath, 1,591 sq ft. Listed 1% below the ALEX valuation; 10% under the local price per sq ft; price reduced 4% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1185837231/129-Tall-Grass-DR-Georgetown-TX Lower-middle quartile: $302,000 to $345,000 116 Mauldin ST, Georgetown TX 78628 · MLS #9583358 Listed at $340,000, 3 bed, 2 bath, 1,707 sq ft. The top-scoring home for sale here this week on price per sq ft, price changes and time on market. See it on alex.realestate: https://www.alex.realestate/listing-detail/1190815123/116-Mauldin-ST-Georgetown-TX Upper-middle quartile: $345,000 to $405,000 108 Evening Star LN, Georgetown TX 78628 · MLS #3062611 Listed at $374,900, 5 bed, 3 bath, 2,847 sq ft. Listed 8% below the ALEX valuation; 31% under the local price per sq ft; price reduced 10% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1187624245/108-Evening-Star-LN-Georgetown-TX Upper quartile: $405,000 and up 128 Comet Pointe DR, Georgetown TX 78628 · MLS #3125282 Listed at $429,950, 4 bed, 2.5 bath, 2,422 sq ft. Listed 4% below the ALEX valuation; 7% under the local price per sq ft; price reduced 9% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1183443637/128-Comet-Pointe-DR-Georgetown-TX

Key figures · Morningstar · rolling 6 months ending Oct 31, 2026

31 homes sold in Morningstar in the 6 months ending Oct 31, 2026 (down 52.3% on a year earlier).

Median net sale price: $323,150 (down 5.1% on a year earlier).

Median price per square foot: $179.

Median days on market: 40.

Median sale price as a share of the original list price: 95.6%.

35 homes for sale now, about 6.8 months of supply at the pace of the last six months.

Source: Unlock MLS, rolling 6 months ending Oct 31, 2026. Single-family homes; prices net of seller-paid concessions, the same figures as the ALEX market statistics pages. Information deemed reliable but not guaranteed.

How does a current mortgage rate affect what you can afford in Morningstar? With the median home price at $323,150 across 31 closed sales in the rolling six months ending October 31, 2026, monthly payments are sensitive to interest rate shifts. A standard purchase with a loan amount of $258,520 and a note rate of 7.18% results in a principal-and-interest payment of $1,751 per month. ALEX Intelligence modeled the cost of buydowns to show how buyers can temporarily reduce that burden. A 3-2-1 buydown costs $11,952 (3.7% of the median price) and lowers the rate to 4.18% in year one, saving $490 monthly, then 5.18% in year two ($335 savings), and 6.18% in year three ($171 savings). A 2-1 buydown costs $6,072 (1.88% of price) and reduces the rate to 5.18% for year one and 6.18% for year two. These scenarios assume a median sale price of $323,150 with a loan amount of $258,520. The data shows that while prices have dipped 7.7% from the prior six-month period, the rate environment remains a key factor in monthly affordability. Buyers should weigh the upfront cost of a buydown against their expected holding period and cash reserves. Mortgage rates are sourced from Freddie Mac Primary Mortgage Market Survey, 30-year fixed, week of November 5, 2026 (FRED MORTGAGE30US). All model outputs are ALEX Intelligence estimates, not appraisals. 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

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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