Morningstar: How Rates Shape Buying Power This Month

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%.

34 homes for sale now, about 6.6 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.

What does a 7.11% mortgage rate mean for a buyer in Morningstar today? With the median closed price at $323,150 across 31 sales in the rolling six months ending October 31, 2026, monthly payments are sensitive to every basis point. A standard purchase with a loan amount of $258,520 and a 7.11% rate results in a principal-and-interest payment of $1,739 per month. ALEX Intelligence modeled the impact of common buydowns to show how buyers can manage this cost. A 3-2-1 buydown reduces the rate to 4.11% in year one, dropping the monthly payment to $1,251 and saving $488 each month for that first year. The total cost for this three-year buydown is $11,916, or roughly 3.7% of the median home price. A shorter 2-1 buydown costs $6,060 and lowers the rate to 5.11% in the first year, saving $334 monthly. These figures are ALEX Intelligence estimates based on the median sale price and current market rates; they are not appraisals. While the median days on market has dropped 61.2% compared to the prior six-month period, affordability remains the key variable for buyers entering the market now. Understanding these payment scenarios helps clarify what is achievable at today's price points. https://alex.realestate 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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