Austin, MN Housing Market & Real Estate
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?
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
| Metric | Value |
|---|---|
| Median sale price | $207,000 |
| Median list price | $264,900 |
| Year-over-year price change | +31.4% |
| Average days on market | 60 days |
| Active inventory | 58 listings |
| Months of supply | 3.6 months |
| Sale-to-list price ratio | 96.9% |
| Market condition | Balanced 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
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
ELLIS MIDDLE
Grades 7-8 · 713 students
I.J. HOLTON INTERMEDIATE SCHOOL
Grades 5-6 · 700 students
BANFIELD ELEMENTARY
Grades 1-4 · 478 students
SOUTHGATE ELEMENTARY
Grades 1-4 · 460 students
WOODSON KINDERGARTEN CENTER
Grades PK-K · 366 students
NEVELN ELEMENTARY
Grades 1-4 · 352 students
SUMNER ELEMENTARY
Grades 1-4 · 341 students
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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