Atlanta - GA vs Austin - TX: 2026 Housing Comparison

What this means for buyers

Austin - TX is roughly 10% more expensive than Atlanta - GA in typical home value. Homes sit on market longer in Austin - TX (60 days vs 46), suggesting more buyer leverage there.

Atlanta vs Austin: what the numbers say

At today's 7.24% average 30-year rate with 20% down, the typical home would cost about $2,049 a month in principal and interest in Atlanta and $2,259 in Austin, a gap of $209 a month.

Typical rent runs $1,843 in Atlanta and $1,603 in Austin, so the mortgage payment alone is 1.1 times rent in Atlanta and 1.4 times rent in Austin, before taxes and insurance.

Home prices are 17.0 years of rent in Atlanta and 21.5 in Austin; the lower ratio in Atlanta means buying there is cheaper relative to renting.

Over the last 23 months typical values moved -4.4% in Atlanta and -9.8% in Austin; over just the last three months the change was -0.2% in Atlanta and -0.1% in Austin.

Homes sell for 98.1% of list price in Atlanta and 97.3% in Austin, after 46 and 60 days on the market, with price cuts on 31% and 30% of listings. The signs are mixed: Atlanta has more price cuts, while Austin has longer time on the market and sales further below list.

The number of homes for sale is up 1% on a year ago in Atlanta and down 3% on a year ago in Austin.

Payments assume a 30-year fixed loan at the Freddie Mac weekly average rate (2026-10-29), 20% down, principal and interest only. Home values, rents and market figures are Zillow Research metro data.