What are buyers paying for Cherry Creek homes this year?
Quick answer
A bit less per square foot than a year ago, and close to asking for a house that shows well. Cherry Creek homes closed at 95.0% of original asking over the last three months, a balanced market for the neighborhood as a whole.
What we analyzed
- 23 homes sold in Cherry Creek in the 90 days ending October 20, 2026, 98 in the twelve months ending the same day
- 29 Cherry Creek homes for sale as of October 21, 2026, 13 of them below their original asking price
- 3.6 months of inventory in Cherry Creek on the twelve-month pace, against 5.2 for South Austin as a whole
Sources: Unlock MLS, pulled October 21, 2026. Cherry Creek is the MLS subdivision name, with its recorded spellings counted as one.
207 homes sold by Watters International Realty in South Austin. That count is every home we listed and closed in South Austin, and it doesn’t include a single buyer we’ve represented. Everything on this page comes from the same MLS record we used to price those homes.
Homes I’ve sold in Cherry Creek: 18.
How South Austin as a whole is doing is on the South Austin, TX market report, and the town and ZIP code tables are on the 78745 housing market report.
Last updated October 21, 2026. Sales data covers the 90 days ending October 20, 2026 and the twelve months ending the same day (Unlock MLS via MLS Grid); listing inventory as of October 21, 2026.
Are Cherry Creek prices lower than a year ago?
Yes, modestly. Over the past twelve months the typical Cherry Creek sale was $497,500, against $522,000 in the twelve months before.
The houses that sold were about the same size both years, and price per square foot fell to $306 from $320. So this is a real dip in what buyers paid, not a change in which houses happened to sell.
Table 1. Cherry Creek sales in each period, from the MLS subdivision records for Cherry Creek in South Austin. Each row stands on its own. A median is left out when a period has fewer than 5 sales. 29 Cherry Creek homes were for sale as of October 21, 2026. Source: Unlock MLS.
| Period | Sold | Median sale price | Price per square foot (median) | Median days on market | Share of original asking price | Median living area (square feet) | Median build year |
|---|---|---|---|---|---|---|---|
| 90 days ending October 20, 2026 | 23 | $485,000 | $320 | 37 days | 95.0% | 1,480 | 1979 |
| Same 90 days a year earlier (July 23, 2025 to October 20, 2025) | 26 | $518,500 | $305 | 55 days | 94.8% | 1,632 | 1978 |
| Twelve months ending October 20, 2026 | 98 | $497,500 | $306 | 33 days | 95.9% | 1,574 | 1977 |
| Prior twelve months (October 21, 2024 to October 20, 2025) | 122 | $522,000 | $320 | 41 days | 95.3% | 1,540 | 1979 |
How close to asking do Cherry Creek homes sell?
Closer than South Austin as a whole. Cherry Creek sellers kept 95.0% of original asking over the last three months, where the area came in at 93.8%.
That makes Cherry Creek a balanced market overall, and the range table shows where your own price point fell this past year.
Table 2. Cherry Creek homes by price range, twelve months ending October 20, 2026; homes for sale as of October 21, 2026. A range is a seller’s market when homes sold for at least 97% of their original asking price, balanced from 94% to 97%, and a buyer’s market below 94%. Only price ranges with at least 10 sales in the twelve months are shown. Source: Unlock MLS.
| Price range | Sold | Median sale price | For sale | New builds for sale | Homes that cut their price | Months of supply | Market |
|---|---|---|---|---|---|---|---|
| $400,000 to $449,999 | 11 | $400,000 | 5 | 0 | 0 | 5.5 | balanced |
| $450,000 to $499,999 | 21 | $450,000 | 2 | 0 | 1 | 1.1 | buyer’s market |
| $500,000 to $549,999 | 10 | $502,500 | 4 | 0 | 1 | 4.8 | seller’s market |
| $550,000 to $599,999 | 15 | $565,000 | 6 | 0 | 4 | 4.8 | balanced |
| $600,000 to $649,999 | 15 | $605,000 | 6 | 0 | 5 | 4.8 | seller’s market |
The busiest range, $450,000 to $499,999, was the weakest one, a buyer’s market for that range over the past twelve months.
How much competition does a Cherry Creek seller face?
A moderate amount. There are 29 homes for sale, or 3.8 months of supply at the recent pace, and fewer than half have cut their price.
Over the last three months 30.3% of Cherry Creek listings that reached an outcome expired or were withdrawn, against 46.2% for South Austin. That share is the listings that failed to sell divided by those plus the homes that closed.
Every Cherry Creek sale this past year was a house built before 2000, and no builder lists here, so your buyer is comparing houses much like yours. Some of them were recently flipped: 9 sold this past year that had last sold within two years and came back on the market well above that price.
Sell now, or wait?
In Cherry Creek the renovated house down the street sets the bar a buyer carries into yours.
- Sell now if your asking price is based on this year’s closed sales, not last year’s, and the house is ready to show.
- Sell now if you sit in a range that held up, such as $550,000 to $599,999.
- Wait if the roof, the HVAC or the original plumbing would land on an inspection report, and fix them first.
- Wait if your number depends on beating a flipped house without the updates it has.
A Cherry Creek home I list goes to my buyer network during the coming-soon stage, 4,000 cash buyers in the black book among them, not counting buyers using traditional financing. You see every option and choose.
Your situation
Cherry Creek is a neighborhood of 1970s and 1980s houses where condition does most of the pricing. A buyer will walk through a flip and an original-owner house on the same Saturday and pay for the difference.
Before You Put Your Home on the Market, See the Homes You’ll Have to Beat
If you can’t tell whether your Cherry Creek house prices with the flips or with the original-condition homes, the listings near you will show it. Request my complimentary Home Competitor Analysis for your address. You get:
- The Cherry Creek listings a buyer would tour alongside yours
- Which nearby homes were recently renovated and resold
- What we look at during the walkthrough
No obligation. The report for your part of South Austin arrives within a minute; the pricing analysis comes after we walk the home. Nothing here promises a price, a timeline, or an outcome. 207 homes sold by Watters International Realty in South Austin (Unlock MLS, all time).
About Watters International Realty in South Austin
Watters International Realty is a Texas real estate brokerage, and I am its broker of record. This page is based on Unlock MLS data analyzed on October 21, 2026. 207 homes sold by Watters International Realty in South Austin (Unlock MLS, all time).
See the homes you’d be competing against
You get the Cherry Creek listings a buyer would weigh against yours, which ones were renovated, and a walkthrough before we talk price.
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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