Austin - TX vs Jacksonville - FL: 2026 Housing Comparison

What this means for buyers

Austin - TX is roughly 18% more expensive than Jacksonville - FL in typical home value. Homes sit on market longer in Austin - TX (60 days vs 49), suggesting more buyer leverage there.

Austin vs Jacksonville: what the numbers say

At today's 7.40% average 30-year rate with 20% down, the typical home would cost about $2,295 a month in principal and interest in Austin and $1,942 in Jacksonville, a gap of $353 a month.

Typical rent runs $1,603 in Austin and $1,680 in Jacksonville, so the mortgage payment alone is 1.4 times rent in Austin and 1.2 times rent in Jacksonville, before taxes and insurance.

Home prices are 21.5 years of rent in Austin and 17.4 in Jacksonville; the lower ratio in Jacksonville means buying there is cheaper relative to renting.

Over the last 23 months typical values moved -9.8% in Austin and -3.3% in Jacksonville; over just the last three months the change was -0.1% in Austin and +0.1% in Jacksonville.

Homes sell for 97.3% of list price in Austin and 96.8% in Jacksonville, after 60 and 49 days on the market, with price cuts on 30% and 29% of listings. The signs are mixed: Austin has more price cuts and longer time on the market, while Jacksonville has sales further below list.

The number of homes for sale is down 3% on a year ago in Austin and down 13% on a year ago in Jacksonville.

Payments assume a 30-year fixed loan at the Freddie Mac weekly average rate (2026-10-15), 20% down, principal and interest only. Home values, rents and market figures are Zillow Research metro data.