Horseshoe Bay Market Report, November 2026: Prices Slip, Buyers Still Set the Terms
Horseshoe Bay's median sale price fell 3.4% to $676K over the three months ending October 2026, homes closed at about 93.2% of list, and none sold above list, though homes sold faster than a year ago. Lake LBJ held at 96.9% full.
Median sale price down 3.4%
Redfin's three-month median through October 2026 was $676K, after a flat reading in September's report.
Sales closed near 93.2% of list
Sale-to-list fell 1.9 points year over year and no homes sold above list.
Homes sold 10 days faster
The median was 119 days on market, against 129 a year earlier.
408 homes for sale
Zillow counted 408 listings at the end of September, with a $776K median list price.
Lake LBJ steady at 96.9%
Lake LBJ moved about a tenth of a foot since May while Lake Travis moved about 16 feet.
Short answer: Horseshoe Bay prices have started to slip, and buyers still hold the leverage. Over the three months ending October 2026, homes sold for a median $676K, down 3.4% from the same period a year earlier, per Redfin.
The picture shifted since September. September's report said prices were holding: the median for the three months ending August was $724K, flat year over year. That is no longer true. The closed-sale median has now moved down in step with Zillow's typical home value, which was $698K at the end of September, also down 3.4% year over year. Estimated values and actual sale prices now point the same way.
Buyers are negotiating harder, not waiting longer. Homes closed at about 93.2% of list price, down 1.9 points year over year, and none sold above list. At the same time, homes sold faster: a median 119 days on market, 10 fewer than a year earlier. Redfin counted 80 homes sold in October, against 79 a year earlier. Read together, deals are getting done, at a discount.
Fewer price cuts, for now. 35.5% of homes took a price drop, essentially unchanged year over year. The share of listings cutting price is about where it was a year ago, even as the discount at closing widened.
Supply is ample across price points. Zillow showed 408 homes for sale at the end of September and 37 new listings that month, with a median list price of $776K. Of 343 active houses, condos and townhomes on Redfin on November 11, about 31% were listed under $500K, 31% between $500K and $1M, 20% between $1M and $2M, and 18% at $2M or more.
The lake is still the steadiest number. Lake LBJ read 824.46 feet, 96.9% full, on November 11, within about a tenth of a foot of its May level. Lake Travis rose about 16 feet over the same six months. For a waterfront buyer, that difference is the point of a constant-level lake.
Read with care. Horseshoe Bay is a thin resort market, and a handful of large waterfront or golf-course closings can move a three-month median several percent. Private golf communities such as Escondido and Summit Rock trade far above the city median and on their own timelines.
Horseshoe Bay as of November 11, 2026
These figures are frozen at publication. The Horseshoe Bay guide carries the current month's numbers.
Every number, and where it came from.
Over the three months ending October 2026, Horseshoe Bay's median sale price was $676,479, down 3.4% year over year; median days on market were 119 against 129 a year earlier; 80 homes sold in October against 79; sale-to-list was 93.2% (down 1.9 points); 0.0% sold above list (down 1.3 points); 35.5% of homes had price drops (down 0.16 points).
redfin.com ↗Zillow's typical Horseshoe Bay home value was $698,005 as of September 30, 2026, down 3.4% over the past year, with 408 homes for sale, 37 new listings and a $776,483 median list price.
zillow.com ↗Redfin's Horseshoe Bay search showed 343 active house, condo and townhouse listings on November 11, 2026: 106 at or under $500K, 213 at or under $1M, 282 at or under $2M and 323 at or under $5M.
redfin.com ↗Lake LBJ was at 824.46 feet and 96.9% full on November 11, 2026, against 824.50 feet on May 11, 2026 and 97.6% on November 11, 2025.
waterdatafortexas.org ↗Lake Travis was 98.9% full (680.35 feet) on November 11, 2026, 93.5% on November 4 and 74.1% (664.37 feet) on May 11, 2026.
waterdatafortexas.org ↗Escondido Golf & Lake Club, established in 2006, is a Mediterranean-inspired private community with a newly restored Tom Fazio championship course on Lake LBJ, at 9090 FM 2147, Horseshoe Bay.
escondidotexas.com ↗Summit Rock is a private Jack Nicklaus Signature course opened in fall 2012, par 72, 7,246 yards on about 200 acres; its clubhouse placed second in Golf Inc.'s Clubhouse of the Year competition; the resort has invested more than $350 million over the past decade with $60 million more planned for 2026.
firstcallgolf.com ↗Slick Rock was built in 1971 and Ram Rock opened in 1981; Apple Rock's reopening in 2019 completed a three-year restoration of the resort's three Robert Trent Jones Sr. courses.
clubandresortbusiness.com ↗Horseshoe Bay began processing building permits in GovWell on October 5, 2026, moved fees to a square-footage basis and doubled the short-term rental permit fee from $600 to $1,200.
dailytrib.com ↗Horseshoe Bay Resort's holiday lineup: Winter Wonderland Nov. 28, Sounds of the Season concert Dec. 5, Holiday Pickleball Classic Dec. 4-6 and New Year's Eve parties, offered to hotel guests and members of The Club at Horseshoe Bay.
firstcallgolf.com ↗Redfin's Escondido (Horseshoe Bay) search showed 28 active listings on November 11, 2026: 17 homes and 11 homesites.
redfin.com ↗
Sale price, days on market, sale-to-list, homes sold and price-drop figures are city-level Redfin data (MLS and public records) for the three months ending October 2026, read on 2026-11-11. Typical home value, for-sale inventory, new listings and median list price are Zillow data through 2026-09-30. Lake levels are Water Data for Texas daily means for 2026-11-11. The price distribution is a count of 343 active house, condo and townhouse listings on Redfin's Horseshoe Bay search on 2026-11-11, grouped by list price; vacant lots are excluded.
