$310,000
16400 Fetching Ave
Austin, TX
3 bd2 ba1,294 sqft$240/ft²
House6,586 sqft lot
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Sarah Mitchell
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Compass Real Estate · Austin, TX
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
Austin, TX(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews
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Austin, TX Housing Market & Real Estate
Leaning buyer's+2.7% YoY
Housing market overview · Updated monthly ·
$570,000median sale price
How is the Austin, TX housing market right now?
The median home sale price in Austin, TX is $570,000, up 2.7% year-over-year. Homes sell in an average of 47 days with 4,942 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Austin a buyer's or seller's market?
Leaning buyer's5.1 months of supply47 avg. days on market
Austin, TX is currently a leaning buyer's, based on 5.1 months of supply and homes selling in about 47 days. How we determine this →
Homes sold
960
Last 12 weeks
Days on market
47
Average pace
Active listings
4,942
5.1 months supply
Sale-to-list
97.7%
Below asking
What does the Austin housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $570,000 |
| Median list price | $580,000 |
| Year-over-year price change | +2.7% |
| Average days on market | 47 days |
| Active inventory | 4,942 listings |
| Months of supply | 5.1 months |
| Sale-to-list price ratio | 97.7% |
| Median price per sq ft | $316/sq ft |
| Homes sold (latest month) | 960 |
| New listings (latest month) | 1,643 |
| Listings with a price cut | 32.4% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Austin by property type?
How the Austin, TX market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $600,000 | $317/sq ft | 754 | 42 days |
| Condo / Co-op | $365,000 | $326/sq ft | 161 | 67 days |
| Townhouse | $613,000 | $334/sq ft | 18 | 50 days |
Source: Redfin · Updated monthly
The Austin housing market is currently classified as a leaning buyer's with a median sale price of $570,000. Prices have risen 2.7% compared to last year, with homes spending an average of 47 days on market, indicating 5.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.6x provides context for how home values compare to local earning capacity.
Homes for sale in Austin
There are currently 4,942 homes listed for sale in Austin, Texas. The median listing price is $580K. Featured listings range from $310,000 to $1,500,000.
$385,000
11558 Spicewood Pkwy Apt 15
Austin, TX
3 bd2 ba1,475 sqft$261/ft²
Condo8,520 sqft lot
View photos & details
$399,995
8903 Pocono Cv
Austin, TX
3 bd2 ba1,438 sqft$278/ft²
House9,936 sqft lot
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$400,000
908 Nueces St Unit 24
Austin, TX
1 bd1 ba862 sqft$464/ft²
Condo318 sqft lot
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$429,990
12706 Heinemann Dr
Austin, TX
3 bd2 ba1,182 sqft$364/ft²
House6,299 sqft lot
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$455,000
11700 Carshalton Dr
Austin, TX
3 bd2 ba1,757 sqft$259/ft²
House8,668 sqft lot
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$489,000
13355 Water Oak Ln
Austin, TX
4 bd4 ba2,018 sqft$242/ft²
Multi-family6,534 sqft lot
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$645,000
4411 Cumbria Ln
Austin, TX
3 bd3 ba1,941 sqft$332/ft²
House8,377 sqft lot
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$849,995
1205 Elm St Apt 8
Austin, TX
2 bd2 ba1,366 sqft$622/ft²
Townhouse1,995 sqft lot
View photos & details
$850,000
8014 Tisdale Dr Unit 1
Austin, TX
4 bd4 ba2,374 sqft$358/ft²
House5,340 sqft lot
View photos & details
$999,824
4001 Greystone Dr
Austin, TX
5 bd3 ba3,010 sqft$332/ft²
House9,496 sqft lot
View photos & details
$1,500,000
2410 Elmglen Dr
Austin, TX
4 bd3 ba1,534 sqft$978/ft²
House8,451 sqft lot
View photos & details
Looking to buy in Austin?
Get connected with a local real estate expert — free, no obligation.
Active listings
4,942
Homes on market
Median list price
$580K
Avg. days on market
47
Days until sale
New this week
1,643
Newly listed
Price drops:32.4%of listings
Sale-to-list:97.7%
Who lives in Austin?
Population
967,862
Median income
$91,461/yr
Median age
34.5 years
Owner-occupied
44.4%
College grads
58.2%
Avg commute
24 min
Source: U.S. Census Bureau ACS
What are homes worth in Austin?
Zillow home value
$507,622
Zillow rent index
$1,615/mo
Price-to-rent ratio
26.2x
Price-to-income
5.6x
Source: Zillow Research
What is it like to live in Austin?
Austin is a community of approximately 968K residents with a median age of 34.5 years.The median household income is $91,461, which reflects a relatively affluent area with strong earning potential. 58.2% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 44.4%, showing a blend of owner and renter-occupied properties. The average commute time is 24 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Austin offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Austin?
50 schools tracked · 68,154 students
The largest public schools serving Austin, TX 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.
LAKE TRAVIS H S
Grades 9-12 · 3,677 students
BOWIE H S
Grades 9-12 · 2,899 students
WESTLAKE H S
Grades 9-12 · 2,811 students
WESTWOOD H S
Grades 9-12 · 2,792 students
AKINS H S
Grades 9-12 · 2,542 students
MCNEIL H S
Grades 9-12 · 2,533 students
VANDEGRIFT H S
Grades 9-12 · 2,522 students
AUSTIN H S
Grades 9-12 · 2,296 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Austin, TX?
Want a head-to-head view? Compare Austin side-by-side with any other U.S. city using our market-comparison tool.
Is Austin a good real estate investment market?
For investors evaluating Austin, the price-to-rent ratio of 26.2x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 2.7% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Austin's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Austin's median home price.
Frequently asked questions
What is the average home price in Austin?
The median home sale price in Austin is $570,000, up 2.7% from last year.
How long do homes stay on market in Austin?
Homes typically spend 47 days on market before going under contract.
What is the median income in Austin?
The median household income is $91,461 per year.
Is Austin a buyer's or seller's market?
With 5.1 months of supply, Austin is currently a leaning buyer's.
How many homes are for sale in Austin?
There are currently 4942 homes listed for sale in Austin, TX.
What is the Zillow home value estimate for Austin?
The Zillow Home Value Index (ZHVI) for Austin is $507,622, representing the typical home value in the area.
What is the median condo price in Austin?
The median condo/co-op sale price in Austin, TX is $365,000, compared to $600,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Austin?
The median single-family home price in Austin, TX is $600,000 (about $317 per square foot).
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