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)
$448,160
$427,045
Year-over-year change
-2.0%
-5.9%
Median list price
$489,967
$474,667
Days on market (median)
32 days
67 days
% of listings with price cut
32.9%
22.2%

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 (67 days vs 32), suggesting more buyer leverage there. Phoenix - AZ sees more listings with price cuts (32.9% vs 22.2%), a sign of softening seller expectations.

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