Austin - TX housing market
The Austin metro has a typical home value of $426,944, down 5.7% from a year ago. Homes are sitting 45 days on average, buyers have negotiating room. 28% of listings have had a price cut. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($426,944) 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 5.7% over the past year. A home worth $452,751 last year is now worth roughly $426,944.
The median sale price , what homes actually close for , is $454,700. Homes are selling at 97.3% of list price, meaning buyers have room to negotiate.
Homes listed in Austin - TX sit on the market for roughly 45 days before going pending. Shorter = seller's market; longer = buyer's market.
About 28.4% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 3,585 new listings hit the market each month in Austin - TX. There are currently 14,888 homes for sale, down 5.9% from a year ago.
The typical monthly rent in Austin - TX is $1,653, down 1.9% year over year. For investors, the price-to-rent ratio here is roughly 22x annual rent.
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.
Other metros in TX
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| Dallas - TX | $366,701 | -3.0% | 25.0d |
| Houston - TX | $308,933 | -2.1% | 33.0d |
| San Antonio - TX | $280,370 | -1.9% | 37.0d |
| McAllen - TX | $194,546 | +0.4% | 83.0d |
| El Paso - TX | $233,297 | +1.7% | 30.0d |
| Killeen - TX | $252,444 | -1.3% | 38.0d |