Austin - TX housing market
The Austin metro has a typical home value of $430,490, down 6.0% from a year ago. Homes are sitting 49 days on average - buyers have negotiating room. 24% of listings have had a price cut. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($430,490) 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 6.0% over the past year. A home worth $457,968 last year is now worth roughly $430,490.
The median sale price , what homes actually close for , is $461,837. Homes are selling at 96.7% of list price, meaning buyers have room to negotiate.
Homes listed in Austin - TX sit on the market for roughly 49 days before going pending. Shorter = seller's market; longer = buyer's market.
About 23.9% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 3,537 new listings hit the market each month in Austin - TX. There are currently 12,895 homes for sale, up 0.8% from a year ago.
The typical monthly rent in Austin - TX is $1,604, down 2.5% 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 | $366,743 | -3.5% | 28.0d |
| Houston - TX | $308,211 | -2.0% | 38.0d |
| San Antonio - TX | $280,170 | -2.1% | 48.0d |
| McAllen - TX | $192,808 | +0.5% | 82.0d |
| El Paso - TX | $231,422 | +1.5% | 35.0d |
| Killeen - TX | $252,395 | -1.0% | 54.0d |