Cimarron Market Pulse: Prices Drop 13.5% in Rolling Year

Median home prices in Cimarron dropped 13.5% to $416,268 over the trailing 12 months compared to the prior period. This shift occurred alongside a significant increase in time on market, which rose 279% to a median of 53 days. The data reflects a transition where sellers are accepting lower offers, with the close-to-original list ratio falling 5.4% to 0.937. ALEX Intelligence analyzed 18 closed sales to track these trends. The median price per square foot also declined 4.8% to $216.46, while the average home size shrank slightly by 2.3% to 2,016 square feet. Currently, there are only 3 active listings remaining, creating a tight inventory environment with 1.64 months of supply. Despite the lower prices, affordability remains a key factor given current mortgage rates of 7.11%. A buyer purchasing at the median price would face a principal and interest payment of $2,240 monthly based on the loan amount of $333,014. The market shows that while sales volume is low, the properties that do sell are taking significantly longer to close than in previous periods. Planning a move from Cimarron, Round Rock? Get your home's value and the right list price, free. Based on 18 closed sales in the 12 months ending Oct 31, 2026. 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