Austin, MN Housing Market & Real Estate

Balanced market+31.4% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Austin, MN is $207,000, up 31.4% year-over-year. Homes sell in an average of 60 days with 58 active listings. The market is currently a balanced market.

$207,000median sale price

Is Austin a buyer's or seller's market?

Balanced market3.6 months of supply60 avg. days on market

Austin, MN is currently a balanced market, based on 3.6 months of supply and homes selling in about 60 days. How we determine this →

Homes sold

16

Last 12 weeks

Days on market

60

Average pace

Active listings

58

3.6 months supply

Sale-to-list

96.9%

Below asking

Austin, MN market data

Current housing market statistics for Austin, MN
MetricValue
Median sale price$207,000
Median list price$264,900
Year-over-year price change+31.4%
Average days on market60 days
Active inventory58 listings
Months of supply3.6 months
Sale-to-list price ratio96.9%
Market conditionBalanced market

Source: Redfin · Updated weekly

The Austin housing market is currently classified as a balanced market with a median sale price of $207,000. Prices have risen 31.4% compared to last year, with homes spending an average of 60 days on market, indicating 3.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Austin

There are currently 58 homes listed for sale in Austin, Minnesota. The median listing price is $265K.

Active listings

58

Homes on market

Median list price

$265K

Avg. days on market

60

Days until sale

New this week

15

Newly listed

Price drops:32.8%of listings
Sale-to-list:96.9%

Top public schools in Austin

18 schools tracked · 5,268 students

The largest public schools serving Austin, MN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

AUSTIN SENIOR HIGH

Grades 9-12 · 1,408 students

Public

ELLIS MIDDLE

Grades 7-8 · 713 students

Public

I.J. HOLTON INTERMEDIATE SCHOOL

Grades 5-6 · 700 students

Public

BANFIELD ELEMENTARY

Grades 1-4 · 478 students

Public

SOUTHGATE ELEMENTARY

Grades 1-4 · 460 students

Public

WOODSON KINDERGARTEN CENTER

Grades PK-K · 366 students

Public

NEVELN ELEMENTARY

Grades 1-4 · 352 students

Public

SUMNER ELEMENTARY

Grades 1-4 · 341 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

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Frequently asked questions

What is the average home price in Austin?

The median home sale price in Austin is $207,000, up 31.4% from last year.

How long do homes stay on market in Austin?

Homes typically spend 60 days on market before going under contract.

Is Austin a buyer's or seller's market?

With 3.6 months of supply, Austin is currently a balanced market.

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