Is Bastrop, TX 78602 a buyer’s or seller’s market?
Bastrop is a buyer’s market. With about 6.5 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 10% of U.S. ZIP codes, and #647 of 868 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Bastrop housing market right now
In the three months ending August 31, 2026, 9% of homes in Bastrop, TX 78602 sold above their list price, the typical home went under contract in 102 days and there were 6.5 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 169 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 7%, homes sold more slowly (68 days then) and the median sale price rose 4% to $381,835. Overall, Bastrop is less competitive than a year ago, which gives buyers more room.
Within Bastrop County, homes here sell faster than in 50% of the county’s ZIP codes, and sell less often over asking than in 67%. On our competition score, Bastrop ranks #647 of 868 TX ZIP codes with enough sales (score 17 out of 100).
Nearby, buyers who want less competition could look at Rosanky 78953 (0% sold over asking) or Red Rock 78662 (0% sold over asking), while Paige 78659 (25% sold over asking) and Smithville 78957 (14% sold over asking) are even more competitive.
Run the numbers for 78602
Nearby markets
Cedar Creek 78612Buyer’s market $181 /sq ftElgin 78621Balanced $162 /sq ftMc Dade 78650 — /sq ftPaige 78659Buyer’s market $210 /sq ft Browse all markets →Towns like Bastrop nearby
Find towns like Bastrop in other states →Where Bastrop is
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Questions about Bastrop real estate
Is Bastrop a buyer’s or seller’s market?
A buyer’s market: there were 6.5 months of supply in Bastrop, TX 78602 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Bastrop?
The typical home went under contract in 102 days in the latest three months.
Do homes in Bastrop sell over asking?
9% of homes sold above their original list price, and the typical sale closed at 97.9% of the list price.
What are property taxes in Bastrop?
About 1.41% of a home’s value a year in Bastrop County, or roughly $5,640 on a $400,000 home.
What is the median home price in Bastrop?
The median sale price was $381,835 in the three months ending August 31, 2026, about $193 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology