Mortgage rates eased a little this week. Freddie Mac’s 30-year fixed average was 7.24% on Oct. 29, 2026, down from 7.32% the week before. Locally, 62 homes sold in the Bastrop and Cedar Creek ZIP codes in September, with prices moving in different directions by ZIP.
Where are mortgage rates this week?
| Loan | Oct. 29, 2026 | Last week | A year ago |
|---|---|---|---|
| 30-year fixed | 7.24% | 7.32% | 6.17% |
| 15-year fixed | 6.60% | 6.68% | 5.41% |
Source: Freddie Mac Primary Mortgage Market Survey. These are national averages. Your rate depends on your credit, down payment and loan type, so compare a few lenders.
What happened in Bastrop home sales in September?
According to Unlock MLS data reported by Community Impact:
| ZIP | Median price, Sept. 2025 | Median price, Sept. 2026 | Change |
|---|---|---|---|
| 78602 (Bastrop) | $345,260 | $382,500 | Up 10.79% |
| 78612 (Cedar Creek) | $409,499 | $395,000 | Down 3.54% |
Across both ZIP codes:
- 62 homes sold in September
- New listings fell from 125 to 107 compared with a year ago
- Homes under contract rose from 62 to 66
- Average price per square foot dropped from $210 to $193
- Homes spent longer on the market
Most sales, 37 of 62, were between $300,000 and $499,999. Fifteen sold under $300,000.
What does this mean for buyers and sellers?
Buyers: Fewer new listings means less to choose from, but more time on the market can give you room to negotiate. With rates above 7%, ask about seller-paid closing costs or a rate buydown.
Sellers: Pricing matters more when homes sit longer. Compare your home to recent sales in your own ZIP code, since 78602 and 78612 are moving differently.
Thinking about making a move?
See what your home might sell for on our Sell Your Home page, or contact us for a free look at recent sales near you. Not ready to buy yet? Our Renting in Bastrop guide is a good place to start.
Frequently asked questions
- What are mortgage rates this week?
- Freddie Mac's 30-year fixed average was 7.24% on Oct. 29, 2026, down from 7.32% the week before. The 15-year fixed average was 6.60%.
- How many homes sold in Bastrop in September 2026?
- Sixty-two homes sold across the 78602 and 78612 ZIP codes in September 2026, according to Unlock MLS data reported by Community Impact.
- What is the median home price in Bastrop?
- In September 2026, the median sales price was $382,500 in 78602, up 10.79% from a year earlier, and $395,000 in 78612, down 3.54%.
- Are Bastrop home prices going down?
- It depends on the measure. The 78602 median price rose year over year in September, while 78612's median and the average price per square foot fell, from $210 to $193.
Sources
- Freddie Mac Primary Mortgage Market Survey
- Community Impact: Bastrop-Cedar Creek home sales dip in September
Thinking about moving to Bastrop? Start with our moving guide and neighborhood guide, or send us a question.
