Austin - TX housing market
The Austin metro has a typical home value of $417,977, down 4.7% from a year ago. Homes are sitting 53 days on average, buyers have negotiating room. 30% of listings have had a price cut. Data from Zillow Research, updated monthly.
Austin housing market, October 2026
The typical Austin home is worth $417,977 as of August 2026, down 0.0% from the prior month, down 0.8% over three months, and down 4.7% from a year ago. Over the past two years values have ranged from $417,977 to $465,050.
Homes are going pending in about 53 days, slower than the 41 days seen three months earlier. There are roughly 15,167 homes for sale, 5% fewer than a year ago. 30.2% of listings have taken a price cut (up from 26.2% three months ago).
Typical rent is $1,622 a month, up 0.3% year over year, which puts the price-to-rent ratio at 21.5.
At this week's 7.40% mortgage rate with 20% down ($83,595), the typical Austin home costs about $2,838 a month including tax and insurance, which needs a household income of roughly $121,600 to stay under a 28% payment-to-income ratio.
Income needed to buy assumes 20% down, a 30-year fixed mortgage at 7.4% (Freddie Mac weekly average), property tax at 1.1% and insurance at 0.4% of value per year, and a 28% payment-to-income cap. Local taxes and insurance vary; treat it as a comparison figure across metros, not a lender's answer. All metros ranked →
How to read this data
The typical home value ($417,977) 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 4.7% over the past year. A home worth $438,591 last year is now worth roughly $417,977.
The median sale price, what homes actually close for, is $455,204. Homes are selling at 97.6% of list price, meaning buyers have room to negotiate.
Homes listed in Austin - TX sit on the market for roughly 53 days before going pending. Shorter = seller's market; longer = buyer's market.
About 30.2% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 2,989 new listings hit the market each month in Austin - TX. There are currently 15,167 homes for sale, down 4.9% from a year ago.
The typical monthly rent in Austin - TX is $1,622, up 0.3% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 21.5x, renting territory (#32 of 195 metros). The mortgage on a typical home here, 20% down at today's 7.4% 30-year rate, runs about $2,315 a month in principal and interest, $693 more than renting before taxes, insurance and upkeep. The two break even at a 4.13% rate.
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.
Data: Zillow Research (ZHVI and market indicators), refreshed monthly at the source. This page was rebuilt October 2026. Methodology →
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Other metros in TX
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| Dallas - TX | $360,437 | -2.3% | 34.0d |
| Houston - TX | $305,001 | -1.9% | 40.0d |
| San Antonio - TX | $276,747 | -1.9% | 45.0d |
| McAllen - TX | $193,007 | -0.2% | 75.0d |
| El Paso - TX | $234,069 | +2.2% | 29.0d |
| Killeen - TX | $250,457 | -1.5% | 45.0d |