Cedar Park Real Estate Market Update: February 2026 Data

Q: How do Cedar Park schools compare to Round Rock?

Both markets have excellent schools -- Cedar Park is served by Leander ISD (rated highly for both academics and extracurriculars), while Round Rock is mostly in Round Rock ISD (also strong). The choice often comes down to specific neighborhood and school assignment rather than district comparisons.

Cedar Park closed 33 homes in February 2026 at a $459,000 median sale price.

Before diving into what it means, lets look at the full picture.

February 2026 by the Numbers

33 homes closed in Cedar Park last month. Here’s the snapshot:

Cedar Park real estate market snapshot for February 2026 showing median sale price of $459,000, 33 sales, $214 per square foot, 4.8 months of supply, 56 days median days on market, and -3.5% under asking — Cedar Park market stats for February 2026. Source: Unlock MLS

The numbers at a glance:

Median Sale Price: $459,000 (+2.1% year-over-year)
Average Sale Price: $468,757 (-12.4% YoY)
Price Per Square Foot: $214 (-8.5% YoY)
Total Sales Volume: $15.5 million
Homes Sold: 33 (-8.3% YoY)
Average Home Size: 2,230 square feet

Cedar Park’s February Market: What the Data Shows

Cedar Park closed 33 homes in February at a $459,000 median — a lower volume month than typical, but the median held firm. Cedar Park’s appeal is clear: Leander ISD schools (consistently top-rated), proximity to the 183A Toll Road for Domain and Austin Tech access, and a mature retail/restaurant corridor that newer suburbs are still developing.

The Inventory Picture: A Market in Balance

Cedar Park currently has 159 active listings and 4.8 months of supply at the February sales pace. Six months of supply is the generally accepted benchmark for a balanced market. Below that is a seller’s market; above it favors buyers.

That puts Cedar Park firmly in balanced market territory.

Where the Action Is (and Isn’t)

Not every price range moves the same way. The chart below breaks it down:

Cedar Park months of supply by price range chart showing which segments favor buyers and which favor sellers — Months of supply by price range in Cedar Park. Green bars indicate competitive markets, red bars indicate oversupply. Source: Unlock MLS

Under $300K, $300K-$400K, and $500K-$600K are where buyers are competing, with under 4 months of supply. If you’re selling in those ranges, you have the upper hand.

The $700K-$800K range has 12.0 months of supply (12 active listings, 1 sold in February). Buyers shopping there have real time and leverage.

How Fast Homes Are Selling

At 56 median days on market, Cedar Park homes are moving at a reasonable clip. The active listing median DOM of 41 days confirms real buyer activity. Cedar Park’s specific neighborhoods (Brushy Creek, Ranch at Cypress Creek, Twin Creeks) have their own micro-markets within this data.

The median days on market for closed sales in February was 56 days. Active listings have a median DOM of 41 days, which gives you a sense of how the current inventory is performing.

Buyer Negotiating Power

Buyers are successfully negotiating. Closings in Cedar Park came in at -3.5% below asking price in February. With a list-to-close ratio of 92.7%, sellers are giving up meaningful ground from their initial ask to final close. That pattern benefits buyers who make offers below list.

The Bigger Picture: Cedar Park Pricing Over Time

Cedar Park annual median sale price bar chart comparing 2024, 2025, and 2026 year-to-date — Cedar Park annual median sale price trend. Source: Unlock MLS

The 2024 full-year median was $506,475. The 2025 full-year median was $496,397. The 2026 YTD median (January + February combined) is $477,000.

Cedar Park peaked at a $572K median in mid-2024 and has settled to the $459K-$505K range. That’s a meaningful 10-20% correction that has brought the market closer to pre-pandemic pricing trends. The softness is most pronounced above $700K where inventory is building; under $500K remains relatively competitive.

The monthly view puts the current trend in sharper focus:

Cedar Park monthly median sale price line chart comparing 2024, 2025, and 2026 — Monthly median sale price comparison: 2024 vs 2025 vs 2026. Source: Unlock MLS

Frequently Asked Questions

Is Cedar Park TX a good place to buy a home in 2026?

Cedar Park consistently wins on school quality (Leander ISD), commute access via 183A, and community amenities. At $459K median with inventory that has corrected from the 2024 peak, the risk/reward for buyers has improved. It’s not the bargain that Kyle or Hutto is, but the long-term fundamentals are stronger.

What is the housing market like in Cedar Park TX?

Balanced to slightly favoring buyers. With 159 active listings and 33 February closings, Cedar Park is at roughly 4.8 months of supply. The under-$500K range has real competition; above $700K, buyers have significant leverage.

How do Cedar Park schools compare to Round Rock?

Both markets have excellent schools — Cedar Park is served by Leander ISD (rated highly for both academics and extracurriculars), while Round Rock is mostly in Round Rock ISD (also strong). The choice often comes down to specific neighborhood and school assignment rather than district comparisons.

How long does it take to sell a house in Cedar Park TX?

The median days on market in February 2026 was 56 days from list to contract. Well-positioned homes under $500K with updated kitchens and Leander ISD addresses still see multiple offers in competitive sub-markets.

What This Means for Buyers

Cedar Park buyers get Leander ISD schools and 183A access at a price that’s corrected meaningfully from the 2024 peak. Target the $400K-$550K range where supply is balanced — you have options without the market being completely one-sided. Above $700K, negotiate hard; sellers there have been waiting longer.

What This Means for Sellers

Cedar Park sellers should emphasize school quality and commute access — those are your competitive advantages that no amount of market softness eliminates. Price within 3% of strong comps, ensure the home photographs well, and expect offers to come in around 3.5% under asking on average. That’s the current market reality.

All data sourced from Unlock MLS, current as of March 11, 2026. Cedar Park market data includes residential single-family, townhome, and manufactured home sales.

Thinking about buying or selling in Cedar Park? Contact the Neuhaus Realty Group for a personalized market analysis based on the latest data.

See all 15 city reports: Austin Area Market Updates: February 2026 Data