Liberty Hill Entry-Level Homes: Affordability Check

What does it cost to buy an entry-level home in Liberty Hill today? The bottom quartile of the market closed at a median price of $472,400 across 88 sales in September 2026. This figure represents the most affordable tier available in the city for buyers seeking a primary residence. ALEX Intelligence applied an affordability model using the current mortgage rate of 7.32% to estimate monthly payments for these homes. The buydown analysis uses a loan amount of $377,920 at a note rate of 7.32%, resulting in a principal and interest payment of $2,596 per month. This calculation reflects the cost of borrowing at the prevailing market rate without including taxes or insurance. The data shows that while prices in this tier have risen 5.8% compared to September 2025, the number of closed sales increased by 18.9%. This suggests that despite higher rates, demand for entry-level properties remains active. The median price per square foot for these homes sits at $199, consistent with the prior month but up 5.3% year-over-year. Buyers in this segment should note that 76% of entry-level listings sold below their original asking price. This indicates that negotiation is still a viable strategy for those entering the market at the lower end of the price spectrum. The median home size for these transactions was 2,557 square feet, slightly smaller than the previous month but larger than the same period last year. This analysis focuses strictly on the financial mechanics of entry-level purchases and does not predict future price movements or individual property values. 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