Phoenix - AZ vs Austin - TX: 2026 Housing Comparison

Side-by-side housing data for Phoenix - AZ, AZ and Austin - TX, TX - typical home value, year-over-year change, median list price, days on market, and share of listings with a price cut. Refreshed from Zillow Research public CSVs.

Metric
Phoenix - AZ
Austin - TX
Typical home value (ZHVI)
$447,054
$426,944
Year-over-year change
-1.7%
-5.7%
Median list price
$491,000
$486,333
Days on market (median)
34 days
45 days
% of listings with price cut
33.3%
28.4%

What this means for buyers

Phoenix - AZ is roughly 5% more expensive than Austin - TX in typical home value. Homes sit on market longer in Austin - TX (45 days vs 34), suggesting more buyer leverage there. Phoenix - AZ sees more listings with price cuts (33.3% vs 28.4%), a sign of softening seller expectations.

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