Austin

Bastrop-Cedar Creek Buyers Score Deals As Home Prices Slip

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Published on June 16, 2026
Bastrop-Cedar Creek Buyers Score Deals As Home Prices SlipSource: Google Street View

The Bastrop-Cedar Creek housing market heated up in May, with more deals closing even as prices cooled and sellers waited longer to seal the contract.

Market snapshot for May

Across the 78602 and 78612 ZIP codes, 77 homes changed hands in May, up from 60 in May 2025. At the same time, the area's median sales price slipped from $384,000 to $369,990, and the average price per square foot eased from $202 to $195. Homes also sat longer: average days on market climbed from 72 to 85. These figures come from Unlock MLS data as reported by Community Impact.

Zip-code level shifts

Most of the action stayed in 78602, which logged 53 sales in May, a slight uptick from 52 a year earlier. The bigger swing came in 78612, where sales jumped to 24 from just eight in May 2025. Median prices edged down in both areas. In 78602, the median slipped to $369,750 from $375,000, while in 78612 it fell more sharply, to $369,995 from $447,500. Days on market moved in different directions: 78602 lengthened to an average of 82 days while 78612 improved to 93 days. Those ZIP-level numbers are recorded by Unlock MLS.

Price bands and what sold

Most of May's deals landed in the middle of the market. Of the 77 total sales, 46 closed between $300,000 and $499,999. Another 15 sold for under $299,999, and 16 fetched $500,000 or more. That spread points to steady demand at entry and mid-tier price points, even as sellers contend with longer listing times and softer per-square-foot pricing, according to Community Impact.

What to watch next

Big-picture projects and shifting inventory could reshape how this market looks a few years from now. Large data center and commercial developments proposed near Bastrop and Cedar Creek have the potential to influence both jobs and housing demand over time. Recent filings and coverage highlight multi-campus data center plans and ongoing construction activity in Cedar Creek that could boost short-term construction demand and add longer-term economic muscle to the county tax base, according to the Houston Chronicle and industry reporting from DatacenterDynamics. Local buyers and sellers will want to keep an eye on inventory levels and financing costs as those larger developments unfold and seasonal listing patterns shift.

Austin-Real Estate & Development