Austin - TX housing market
The Austin metro has a typical home value of $428,524, down 6.0% from a year ago. Homes are sitting 41 days on average - buyers have negotiating room. 26% of listings have had a price cut. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($428,524) 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 $455,877 last year is now worth roughly $428,524.
The median sale price , what homes actually close for , is $455,526. Homes are selling at 97.1% of list price, meaning buyers have room to negotiate.
Homes listed in Austin - TX sit on the market for roughly 41 days before going pending. Shorter = seller's market; longer = buyer's market.
About 26.2% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 3,759 new listings hit the market each month in Austin - TX. There are currently 14,140 homes for sale, down 3.2% from a year ago.
The typical monthly rent in Austin - TX is $1,635, 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 | $366,823 | -3.3% | 24.0d |
| Houston - TX | $308,306 | -2.0% | 33.0d |
| San Antonio - TX | $280,297 | -1.9% | 38.0d |
| McAllen - TX | $193,978 | +0.6% | 79.0d |
| El Paso - TX | $232,910 | +1.6% | 33.0d |
| Killeen - TX | $252,591 | -1.1% | 40.0d |