How Competitive is the Cedar Park, TX Housing Market?
Cedar Park, a city near Austin, TX, is currently a moderately competitive housing market. About 19% of homes sold above list price in the 3 months ending June 2026, and the typical home spent 40 days on market.
The National Picture
Across the U.S., 24.6% of homes sold above list price in June 2026, with a national median of 50 days on market. Cedar Park's 19.2% sold-above rate falls below that national benchmark, giving buyers here more room to negotiate.
Buyers Compete Aggressively for Limited Homes
Homes in Cedar Park sold for an average of 98.3% of list price, with 41.2% going under contract within two weeks. Compared to Buttercup Creek (28.1% sold above, 32 days), Cedar Park has a lower overbid rate. Ranch at Brushy Creek (27.9% sold above, 41 days) is even more competitive.
Why is Cedar Park, TX Moderately Competitive?
Cedar Park is moderately competitive because moderate supply and steady demand keep the market balanced without extreme bidding pressure. Active listings fell 1% year over year to 622, while pending sales grew 10% to 278. The 3.9 months of supply indicates a relatively balanced market, though some pockets still attract competitive offers. About 36% of listings have seen a price drop, suggesting sellers are adjusting expectations where needed.
Nearby Neighborhoods
| Neighborhood | Sold Above List | Sale-to-List | Days on Market | Off Market in 2 Wks |
|---|---|---|---|---|
| Cedar Park ★ | 19.2% | 98.3% | 40 days | 41.2% |
| Buttercup Creek | 28.1% | 99.6% | 32 days | 46.8% |
| Ranch at Brushy Creek | 27.9% | 98.4% | 41 days | 37.6% |
| Crystal Falls | 7.1% | 97.5% | 61 days | 24.7% |
| Block House Creek | 12.5% | 98.6% | 69 days | 31.9% |
| Berry Creek | 21.7% | 98.6% | 35 days | 61.7% |
Limited to neighborhoods with at least 10 home sales in the period.
All data comes from Redfin and represents a three-month rolling average ending June 2026. This article has been generated, in whole or in part, using generative artificial intelligence (AI) technology, with input from Redfin head of economics research Chen Zhao. While efforts have been made to ensure the accuracy and reliability of this information, you should independently verify all data, facts, and citations contained in this article before relying on it for any purpose. This information is not a substitute for advice from a real estate agent, financial advisor, or other licensed professional. Check the Redfin Data Center for additional in-depth housing market data.
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