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78641 housing market report: where the Leander market slows above $550,000

By Chris Watters, Broker and CEO, Watters International Realty

78641 closed 395 homes at a median $470,000 in the 90 days ending September 20, 2026 and held 663 for sale on September 21, 2026, which is 5.0 months of inventory. Inside the ZIP, the MLS city of Leander closed 385 at a median $464,990 with 643 for sale. Each carries a seller’s-market label under WIR’s rule, a label for that geography overall, and a price point changes which market a home is in.

Quick answer

Leander measured 5.0 months of inventory against 5.6 for the Austin metro in the 90 days ending September 20, 2026, a seller’s-market label for the town overall under WIR’s rule while the metro reads balanced. Of the 643 homes for sale on September 21, 2026, 403 already ask under their original price (62.7%). The pace and the pricing answer different questions, and the band table below is where a homeowner finds their own row.

What we analyzed

Sources: Unlock MLS (ACTRIS) via MLS Grid, WIR analysis, pulled September 21, 2026.

Already know your likely price? Jump to whether this applies to your home, or run your address now.

The wider Leander story is on the Leander, TX real estate market report.

Last updated September 21, 2026. Sales data covers the 90 days ending September 20, 2026 and the twelve months ending the same day (Unlock MLS via MLS Grid); listing inventory as of September 21, 2026.

How do Leander’s numbers compare with the Austin metro?

Leander closed 385 homes in the 90 days ending September 20, 2026 and had 643 listed on September 21, 2026. Divide the listings by a month of that sales pace and the answer is 5.0 months of inventory, against 5.6 for the Austin metro. These tables are refreshed monthly from the same MLS store. The WIR labels Table 1 prints are for the town and for the metro overall, and a price point changes which market a home is in.

Table 1. Leander against the Austin metro, Residential. Sales: 90 days ending September 20, 2026. Inventory: as of September 21, 2026. Non-sale share counts listings that ended in those 90 days without a sale, as a share of every listing that reached an outcome either way. Source: Unlock MLS (ACTRIS) via MLS Grid, WIR analysis.

MeasureLeanderAustin metroWho owns the interpretation
Homes sold3858,953Should you sell your Leander home now, or wait?
Median sale price$464,990$412,250What is your Leander home worth next to a brand-new house?
Median days on market (cumulative)46 days50 daysWhy aren’t homes selling in Leander?
What homes sold for relative to their initial asking price95.6%94.8%What is your Leander home worth next to a brand-new house?
Price per square foot (median)$195What is your Leander home worth next to a brand-new house?
Homes for sale64316,672What is your Leander home competing against right now?
Months of inventory5.05.6Should you sell your Leander home now, or wait?
WIR labelseller’s marketbalancedShould you sell your Leander home now, or wait?
Listings that ended without a sale226Why aren’t homes selling in Leander?
Non-sale share37.0%36.4%Why aren’t homes selling in Leander?
Active under contract54Should you sell your Leander home now, or wait?
Pending87Should you sell your Leander home now, or wait?
New listings in the period543What is your Leander home competing against right now?
Homes for sale priced below their original asking price403 (62.7%)57.3%What is your Leander home competing against right now?

The right-hand column of Table 1 says which page argues each row. Speed: a median 46 days to contract here against 50 across the metro, with 145 of the closings inside 30 days and 98 past 90, pulled apart on the why-homes-are-not-selling page.

Discipline on price: 95.6% of original asking against the metro’s 94.8%, and 67 closings (17.4%) at or above the first number, read on the worth page. Supply in motion: 543 new listings in the period, 54 active under contract and 87 pending on September 21, 2026, which is what the sell-now-or-wait page leans on.

One row argues with the others. 403 of the 643 homes for sale (62.7%) ask under their original price, against 57.3% across the metro, at a median asking of $519,995 after a median 61 days listed. Who set those asking prices is on the competition page.

Months of inventory in Leander by ZIP code against the Austin metro Homes for sale as of September 21, 2026 divided by the monthly sales pace of the 90 days ending September 20, 2026. Lower is tighter. 5.5 seller's 6.5 buyer's Leander (city) 5.0 78641 5.0 Austin metro 5.6 Source: Unlock MLS (ACTRIS) via MLS Grid, WIR analysis, pulled September 21, 2026.
Figure 1. Leander at 5.0 months against 5.6 for the Austin metro. Months of inventory, 90 days ending September 20, 2026: Leander (city) 5.0; 78641 5.0; Austin metro 5.6. Under 5.5 is a seller’s market by WIR’s rule, over 6.5 a buyer’s; the label is for each geography overall. Source: Unlock MLS (ACTRIS) via MLS Grid, WIR analysis, pulled September 21, 2026.

What do the numbers look like for 78641 itself?

78641 is wider than the city. The ZIP counts 395 closings and 663 homes for sale where MLS Leander counts 385 and 643, because addresses carrying another city name sit inside the same boundary. At 5.0 months it holds the same seller’s-market label, which belongs to the ZIP as a whole, and a price point changes which market a home is in.

Table 2. Leander by ZIP code, whole ZIP regardless of city, 90 days ending September 20, 2026, inventory as of September 21, 2026. A label is for that ZIP overall; a price point changes which market a home is in. Source: Unlock MLS (ACTRIS) via MLS Grid, WIR analysis.

ZIPSoldMedian sale priceMedian DOMOf original askingFor saleMonthsLabelFor sale below original askingBuilder listings
78641395$470,00046 days95.5%6635.0seller’s market418 (63.0%)188 of 663

Inside that single row, 418 of the 663 (63.0%) ask under their original price and 188 are builder listings (28.4%). New builds were 90 of the 395 closings (22.8%), and 92 of those closings were built in 2025 or later against 33 before 2000.

Over the twelve months ending September 20, 2026 the ZIP closed 1,663 homes at a median $460,000 on 4.8 months, a seller’s-market label for the ZIP overall and no substitute for the band a home lists in. BAR W RANCH closed 91 at a median $399,990 and Travisso 62 at $810,000 inside that same figure. Who builds in them is on the competition page.

Is this year different from last year in Leander?

The twelve months ending September 20, 2026 closed 1,628 homes at a median $454,945, against 1,494 at $470,000 in the prior twelve months, down 3.2% on the median and up 9.0% on the count.

Table 3. Leander sales by period; each row is its own period and the rows are not a trend line. Source: Unlock MLS (ACTRIS) via MLS Grid, WIR analysis.

PeriodSoldMedian sale priceMedian DOMOf original askingPrice per square foot
90 days ending September 20, 2026385$464,99046 days95.6%$195
Same 90 days, 2025 (June 23, 2025 to September 20, 2025)385$458,99050 days93.3%$201
Twelve months ending September 20, 20261,628$454,94560 days94.0%$195
Prior twelve months (September 21, 2024 to September 20, 2025)1,494$470,00051 days93.5%$205

Per square foot, $195 against $205, down 5.0%. On the 90-day basis the median was $464,990 against $458,990 a year earlier, up 1.3%, on 385 closings either year. A homeowner still anchored to last year’s number should start at the worth page.

How does Leander sit next to the towns around it?

Over the same 90 days, Cedar Park measured 3.4 months of inventory, Georgetown 4.6, Leander 5.0, Liberty Hill 5.3 and Lago Vista 9.3. Cedar Park, Georgetown, Leander and Liberty Hill each carry a seller’s-market label on those figures and Lago Vista a buyer’s-market label; each label covers that town overall, and a price point changes which market a home is in.

Table 4. Nearby towns, each by its own MLS city field, 90 days ending September 20, 2026. Source: Unlock MLS (ACTRIS) via MLS Grid, WIR analysis.

TownSoldMedian sale priceMedian DOMOf original askingFor saleMonthsLabel
Leander385$464,99046 days95.6%6435.0seller’s market
Cedar Park210$492,50035 days96.1%2373.4seller’s market
Liberty Hill282$513,65074 days93.2%4995.3seller’s market
Georgetown808$430,00050 days95.1%1,2464.6seller’s market
Lago Vista112$407,50065 days93.4%3499.3buyer’s market

Days to contract separate the five more than supply does: 35 in Cedar Park, 46 in Leander, 50 in Georgetown, 65 in Lago Vista and 74 in Liberty Hill, and buyers paid 95.6% of original asking in Leander against 93.2% in Liberty Hill.

Does the town label hold at the price your home would list for?

Through the middle of the market it holds, and higher up it stops. Each band’s label covers that band alone, a price point changes which market a home is in, and where a band closed fewer than ten homes in the period Table 5 reads that row on the twelve months ending September 20, 2026 instead and marks it thin.

Table 5. Leander by price band, Residential; closings by sale price (90 days ending September 20, 2026), actives by asking price (as of September 21, 2026). WIR label rule: under 5.5 months seller’s, 5.5 to 6.5 balanced, over 6.5 buyer’s. A band’s label is for that band only, and a price point changes which market a home is in; the 90-day label is published only where the band had at least 10 closings, the twelve-month basis is used and named where it had fewer, and no median is published under 5. Source: Unlock MLS (ACTRIS) via MLS Grid, WIR analysis.

BandSoldMedian sale priceFor saleBuilder listings (same MLS flag as the builder table)For sale below original askingMonthsLabel
under $250,0009$215,0005022.0 (twelve-month basis)seller’s market (twelve-month basis)
$250,000 to $349,99976$315,00011412684.5seller’s market
$350,000 to $449,99996$405,00013933814.3seller’s market
$450,000 to $549,99966$485,0009133524.1seller’s market
$550,000 to $649,99928$589,4506521427.0buyer’s market
$650,000 to $749,99927$709,9005318345.9balanced
$750,000 to $849,99923$779,9903112214.0seller’s market
$850,000 to $949,99921$879,8624116305.9balanced
$950,000 to $1,049,9997$968,0003116277.9 (twelve-month basis)buyer’s market (twelve-month basis)
$1,050,000 to $1,149,99911$1,120,52314793.8seller’s market
$1,150,000 to $1,249,9999$1,198,000167158.0 (twelve-month basis)buyer’s market (twelve-month basis)
$1,250,000 and above12$1,470,0004392210.8buyer’s market

$250,000 to $349,999 closed 76 homes at 4.5 months and $350,000 to $449,999 closed 96 at 4.3, seller’s market for those bands only. $550,000 to $649,999 measured 7.0 months on 28 closings, a buyer’s-market label for that band, and $650,000 to $749,999 measured 5.9 months on 27 closings, balanced for that band.

Builders hold 184 of the 643 listings (28.6%) under 26 names, asking a median $604,945 where the 459 resale listings ask $469,900, and 110 of the builder listings have come off their original price. The names and the communities behind those figures are on the competition page.

These numbers describe your home if / they do not if

Whether the town row fits your address comes down to the price it would carry and what is being built near it. If that is you, the fastest way to know is to run your address.

What to do about either answer is on should you sell your Leander home now, or wait?

Your situation

Each figure here describes a group, and Leander’s groups have little in common. A Larkspur resale at a median build year of 2020 and a $375,000 median over the twelve months ending September 20, 2026 sits inside the same 5.0 months as a Travisso house at an $810,000 median with 31 more listed behind it. Your address is one of the 643, in one band, with a builder either two streets away or nowhere near it. How many of those 643 would a buyer at your price actually walk through?

What do these numbers mean for your home?

Pricing off the town row is how a seller in Leander ends up measured against homes their buyer was never going to tour. Give us your address and we run the process behind this page against your actual property. You get:

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No obligation. The report for your part of Leander arrives within a minute; the pricing analysis comes after we walk the home. Nothing here promises a price, a timeline, or an outcome. 34 homes sold by Watters International Realty in Leander since August 2024 (Unlock MLS).

Chris on the number this page turns on

Chris’s position, WIR positions library, approved September 9, 2026.

Months of supply is the number I watch. It means: if no more homes came on the market, how long would it take to sell everything listed at the pace homes are selling now. The right company sells a lot faster than the average listing.

Leander measured 5.0 months for the 90 days ending September 20, 2026 and the Austin metro 5.6; 78641 measured 5.0 on the same basis and 4.8 over the twelve months ending September 20, 2026. Each of those is the figure for the average listing in that geography, and a price point changes which market a home is in.

About Watters International Realty in Leander

Watters International Realty is a Texas real estate brokerage based in Austin, with Chris Watters as broker of record. This page is written from ACTRIS data pulled through MLS Grid and analyzed by WIR on September 21, 2026. 34 homes sold by Watters International Realty in Leander since August 2024 (Unlock MLS).

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Chris Watters, Broker, Watters International Realty. Texas Real Estate Commission license #567369. Broker of record for a Texas brokerage based in Austin, serving the Austin, Dallas-Fort Worth, San Antonio and Killeen-Temple-Waco metros.