TX · Metro #29

Austin - TX housing market

The Austin metro has a typical home value of $424,339, down 5.2% from a year ago. Homes are sitting 48 days on average, buyers have negotiating room. 30% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$424,339
-5.2% vs. year ago
Median sale price
$453,314
-2.0% YoY
Median list price
$479,667
Sale-to-list ratio
97.5%
Selling below ask
Days on market
48d
Listings w/ price cut
29.9%
New listings / mo
3,335
-5.6% YoY
Homes for sale
15,228
-6.2% YoY
Typical rent
$1,647/mo
-0.8% YoY
Context

How to read this data

The typical home value ($424,339) is the Zillow Home Value Index for the Austin - TX metro area: a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are down 5.2% over the past year. A home worth $447,615 last year is now worth roughly $424,339.

The median sale price, what homes actually close for, is $453,314. Homes are selling at 97.5% of list price, meaning buyers have room to negotiate.

Homes listed in Austin - TX sit on the market for roughly 48 days before going pending. Shorter = seller's market; longer = buyer's market.

About 29.9% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 3,335 new listings hit the market each month in Austin - TX. There are currently 15,228 homes for sale, down 6.2% from a year ago.

The typical monthly rent in Austin - TX is $1,647, down 0.8% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 21.5x, renting territory (#36 of 195 metros). The mortgage on a typical home here, 20% down at today's 6.66% 30-year rate, runs about $2,182 a month in principal and interest, $535 more than renting before taxes, insurance and upkeep. The two break even at a 4.13% rate.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Data: Zillow Research (ZHVI and market indicators), refreshed monthly at the source. This page was rebuilt September 2026. Methodology →

Related

Other metros in TX

MetroHome value1-yr changeDays on market
Dallas - TX$364,793 -2.6% 30.0d
Houston - TX$307,772 -2.0% 36.0d
San Antonio - TX$279,434 -1.9% 39.0d
McAllen - TX$191,508 +0.0% 78.0d
El Paso - TX$233,302 +1.8% 30.0d
Killeen - TX$251,916 -1.5% 42.0d
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