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What is your Leander home worth next to a new build? $110,000 apart

By Chris Watters, Broker and CEO, Watters International Realty

What a buyer pays for it this month, and in Leander the median sale price was $464,990 in the 90 days ending September 20, 2026. The 297 resales among those 385 closings went for a median $435,000 and the 88 new builds for $545,820. Which of those two figures your house sits nearer to depends on your square footage, your price band, and which year the comp in your head closed in.

Quick answer

A Leander home is worth what a buyer will pay for it this month against the new house that same buyer can tour that afternoon, and in the 90 days ending September 20, 2026 Leander’s median sale price was $464,990, with 297 resales at a median $435,000 and 88 new builds at $545,820. Per square foot the two sets of closings sit much closer together, $194 for a resale and $198 for a new build. Builders asked a median $604,945 for their 184 Leander listings on September 21, 2026 while resale sellers asked $469,900, and an asking price is a measurement of homes that have not sold.

What we analyzed

Sources: Unlock MLS (ACTRIS) via MLS Grid, WIR analysis, pulled September 21, 2026; WIR New Construction Inventory sheet, rows for Leander read September 18, 2026; Williamson Central Appraisal District for the parcel record.

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, and every figure on this page is tabled on the 78641 housing 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.

What did Leander homes actually sell for this quarter?

A median $464,990, across 385 closings in the quarter that ended September 20, 2026. Those sales landed at 95.6% of what the sellers first asked and took a median 46 days to reach contract on a median 2,562 square feet of living area.

Buyers sort that pile into two. By the MLS proxy for a new build (a new-construction flag, or a 2025-or-later build year with a builder named on the record), 88 of the 385 were builder product, 22.9% of the quarter, and their median came in at $545,820; the 297 resales came in at $435,000. Measured by the foot the distance mostly disappears, $198 new against $194 resale. What separates them is the road to the sale, a resale going under contract in a median 39 days at 95.8% of first asking, a new build in 67 days at 94.8%.

Asking prices belong to houses nobody has bought yet. Leander’s 643 listings on September 21, 2026 carried a median ask of $519,995 and $206 a square foot, 403 of them already reduced.

What a square foot sold for in Leander, resale against new build, and what sellers are asking now Median price per square foot. Sold: 90 days ending September 20, 2026. Asking: listings as of September 21, 2026. Resales that sold $194 New builds that sold $198 Builder listings, asking $210 All listings, asking $206 Source: Unlock MLS (ACTRIS) via MLS Grid, WIR analysis, pulled September 21, 2026.
Figure 1. Resales and new builds that sold in Leander in the 90 days ending September 20, 2026 went for $194 and $198 a square foot, while sellers were asking $210 and $206 as of September 21, 2026. Median price per square foot: Resales that sold $194; New builds that sold $198; Builder listings, asking $210; All listings, asking $206. Source: Unlock MLS (ACTRIS) via MLS Grid, WIR analysis, pulled September 21, 2026.

Do the builders set the number in your part of Leander?

In the bands where a builder is standing, yes; across the rest of Leander the neighbor’s resale is still the competition. Builders held 184 of the 643 listings on September 21, 2026, 28.6% of them, under 26 different builder names, priced from $301,342 to $1,749,000 with a median of $604,945 and $210 a square foot, and 110 had been reduced after a median 52 days listed. Resale sellers held the other 459, asking a median $469,900 and $202 a square foot, 293 of them reduced.

Do not price by subtracting a round figure from $604,945. That median belongs to 184 particular houses on 184 particular lots, each with a warranty and a move-in date, so what matters is where a given company’s ladder begins and ends: Castlerock Communities starts at $301,342 in Leander and stops at $319,990, D.R. Horton runs $352,190 to $574,990, Toll Brothers, Inc. reaches from $799,000 to $1,749,000. The full roster sits on what is your Leander home competing against right now?

One Leander row appears on the WIR New Construction Inventory sheet, read September 18, 2026. Perry Homes publishes $945,900 to $1,199,900 at Palmera Ridge 70′ in 78641, with at least 5 move-in-ready specs (a spec is a house a builder finished before anyone bought it), recorded as close-out pricing carrying a $60,000 reduction on select inventory, as published. Those sheet figures and the MLS counts around them are separate computations made on their own dates, the sheet on September 18, 2026 and the listing counts on September 21, 2026.

Which year is the comp in your head from?

That question decides more here than most sellers expect, because Leander’s year and Leander’s quarter disagree. Across the twelve months to September 20, 2026, 1,628 homes closed at a median $454,945, where the twelve months before them saw 1,494 close at $470,000, down 3.2%, with the per-foot pair at $195 and $205, down 5.0%. Take only the last quarter and it tips the other way: 385 sales at $464,990 this year against 385 at $458,990 in the matching 90 days of 2025, up 1.3%.

Anyone anchored to a 2025 sale is anchored to the higher of the two, which is precisely why a Leander number gets settled on the walkthrough and never on a web page. Plenty of sellers here do hold their price: 67 of the 385 closings, 17.4%, got their original asking price or more, even while 403 of the 643 homes on the market September 21, 2026, 62.7%, had already come off theirs. On 5.0 months of inventory Leander’s label reads seller’s market, against 5.6 months for the Austin metro, and that is a reading for the town as a whole, since a price point changes which market a home is in. Listings that end with no buyer get counted on why aren’t homes selling in Leander?, and the calendar question belongs to should you sell your Leander home now, or wait?

Is the house across the street even an older house?

Usually not, which raises what a buyer expects on walking into yours. Among the 385 closings, 151 dated from 2015 through 2024 and 90 from 2025 or later, while 32 predated 2000.

Two subdivisions make the point. Bar W Ranch closed 91 homes over the twelve months to September 20, 2026 at a median $399,990, median build year 2025; Larkspur closed 45 at $375,000, median build year 2020. Their medians land near one another and the standard a buyer brings through each front door does not.

What does your appraisal notice have to do with this?

It answers a tax question, and you are asking a sale question. Once a year the Williamson Central Appraisal District assigns your parcel an appraised value so that taxing units have something to bill against, and a homestead cap (the state’s ceiling on annual movement in a homesteaded property’s taxable portion) may keep the taxable figure under it. A sale price gets settled at the closing table instead, and Leander’s 385 sales in the quarter to September 20, 2026 settled at a median $464,990. WIR keeps no appraisal records for this town and forecasts no appraisal result for any house.

Watters International Realty is a real estate brokerage and not a tax or legal adviser. Questions about your own appraised value, your homestead cap, whether to protest, a PID or MUD assessment on your lot, or what a bond election would do to your own tax bill belong with a tax professional, and the record for your specific parcel is held by the Williamson Central Appraisal District (https://www.wcad.org). What WIR can tell you is what a buyer would pay.

Worth more than the spec down the road if, worth less if

Square footage, band and inspection report carry this one, and each band figure below is that band’s own 90-day reading, since a price point changes which market a home is in. If that is you, the fastest way to know is to run your address.

Sitting on the good side of that list is still not a price. The band tables behind these figures are on the 78641 housing market report, and only the walkthrough produces a number for your address.

Your situation

Four numbers frame it: $464,990 at the town median, $435,000 for a resale, $545,820 for a new build, and $195 a square foot paid against the $210 a square foot builders are asking. Everything after that is particular to your house, and a sale you remember from while the twelve-month median stood at $470,000 is answering for a different year.

Which leaves a narrower question than any median can settle. On your street, in the shape the house is in right now, what does a buyer put on the contract?

What would a buyer pay for your home this month?

The medians, the bands and the builder asking prices here describe 643 listings and 385 sales, and none of them is your house. 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 Watters on appraised value, comps and what your competition is doing

Chris Watters’s position, stated September 9, 2026. WIR does not forecast prices; the figures on this page are one period’s measurements.

Your appraised value and recent sold comps is where the market was yesterday. Tomorrow, the market is where your competition stands on price and features.

Leander’s competition, counted September 21, 2026: 184 builder listings asking a median $604,945 at $210 a square foot, 110 of them already reduced, and 459 resale listings asking $469,900 at $202. Yesterday, in his terms, is the twelve months to September 20, 2026 at a median $454,945 where the prior twelve closed at $470,000, down 3.2%.

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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No obligation. The report arrives within a minute; the pricing analysis comes after we walk the home. Nothing here promises a price, a timeline, or an outcome.

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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.