Mayfield Ranch: October Market Recap and Outlook

Mayfield Ranch saw median prices climb to $555,000 across 53 closed sales in the rolling six months ending October 31, 2026. This represents a 5.7% increase compared to the prior six-month period and a 3.7% rise year-over-year. The market also tightened significantly, with median days on market dropping 44.7% to just 26 days, while homes sold at 96.5% of their original list price. ALEX Intelligence analyzed the supply dynamics alongside these sales figures. Active inventory stands at 32 homes, creating a 3.6-month supply of inventory based on current closing rates. This level indicates a balanced market where buyers and sellers have relatively equal leverage. The median home size sold in this period was 2,606 square feet, which is 9.8% smaller than the prior six months, suggesting a shift toward slightly more compact floor plans or different lot configurations. Price per square foot also increased by 2.5% to $209, outpacing the regional average of $205. While 83% of homes sold below their original list price, this share is down from the prior period, indicating that sellers are retaining more pricing power than they did six months ago. The data reflects a market where demand remains steady despite higher mortgage rates, with buyers adjusting to current conditions rather than retreating entirely. Current mortgage rates stand at 7.24% according to Freddie Mac data for the week of October 29, 2026. For a buyer purchasing a median-priced home in Mayfield Ranch, a 3-2-1 buydown could reduce the initial monthly principal and interest payment by $844 in the first year, at a total cost of roughly $20,592 or 3.71% of the sale price. 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