Published October 29, 2026 in Market Update

Sachse sales rose even with mortgage rates above 7%

By Jaime Cantu

Real estate, Sachse

CNBC reported the average 30-year mortgage rate at 7.37% on October 28, 2026. Nationally, CNBC also reported that pending home sales dropped 7.3% from August and were down 11.3% year-over-year in September 2026. Sachse told a different story.

The Real Estate Data Aggregator counted 96 homes sold in Sachse in the three months ending August 31, 2026. That is up 26.3% from the same three months a year earlier. People are still buying here, even with rates where they are.

Prices dipped a little, but homes sold faster

The Real Estate Data Aggregator shows the median sale price in Sachse was $440,000 for the three months ending August 31, 2026. That is down 4.3% from a year earlier. Prices eased a bit, but homes moved faster. The median days on market was 40 days, which is 7 days shorter than the same period last year.

The Federal Housing Finance Agency reported U.S. house prices rose 2.4% from August 2025 to August 2026. Sachse's price dip runs counter to that national trend. It is worth knowing, not worrying about. Homes here are still closing close to list price.

Sellers are getting close to what they asked

The Real Estate Data Aggregator shows the average sale price in Sachse came in at 98.4% of list price for the three months ending August 31, 2026. That is up 0.4 points from a year ago. Sellers who priced well were not leaving much on the table.

The Real Estate Data Aggregator counted 14.6% of Sachse homes selling above list price in the three months ending August 31, 2026. That share is up 4.1 points from a year earlier. It is not every home, but it is more than before.

More homes came to market, and buyers showed up

Nationally, Realtor.com reported that price cuts hit 20.8% of listings in September 2026, the highest share since October 2022. Active listings topped 1.16 million homes nationally that same month. More supply nationally can give buyers more options and more leverage.

The Real Estate Data Aggregator counted 119 new listings in Sachse in the three months ending August 31, 2026, up 14.4% from a year earlier. Homes for sale rose 19.8% to 121. More homes came to market, and buyers absorbed them. Pending sales held steady at 86, unchanged from a year ago.

Nearly 3 in 10 homes went under contract within two weeks

The Real Estate Data Aggregator shows 29.1% of Sachse homes went under contract within two weeks of listing in the three months ending August 31, 2026. That share is up 4.7 points from a year earlier. Well-priced homes are still finding buyers quickly.

Rates are real, but so is local demand

CNBC reported that mortgage applications to purchase a home were 18% lower than the same week a year ago. Buyers are feeling the pressure of a 7.37% rate. CNBC also noted that the ARM share of mortgage applications rose to 11.3%, the highest level in more than a year, as some buyers look for ways to manage their monthly payment.

Even so, the Real Estate Data Aggregator shows Sachse's months of supply at 3.9 months for the three months ending August 31, 2026. That is down 0.2 months from a year earlier. The market here is not frozen.