Austin, TX metro area Housing Market

Cold Market

Comprehensive housing market data for the Austin, TX metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: January 2026

Median Sale Price

$409K

1.1% YoY

Days on Market

108 days

12.5% YoY

Active Inventory

11,054

1.2% YoY

Homes Sold

1,632

11.5% YoY

Cold Market

Inventory is high and homes are sitting longer — a buyer's market.

Austin, TX metro area Market Summary

The Austin, TX metro area housing market is cooling down. As of January 2026, the median home sale price is $409K, down 1.1% year-over-year. Homes are spending a median of 108 days on the market, 12.5% longer than a year ago.

There are 11,054 homes for sale — 1.2% more than last year. With 6.8 months of supply, this is a buyer's market. 3,035 new listings were added during this period, down 8.3% year-over-year.

Homes are selling for 96.8% of their list price on average, suggesting room for negotiation. 9.4% of homes sell above their asking price. 29.8% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

93

Contributing Factors

Months of Supply 6.8
Days on Market 108
Price Drops 29.8%
Sale-to-List Ratio 96.8%
Market Temperature Cold

How This Market Compares

vs. National Median

Median Price (National: $423K) 3.2%
Days on Market (National: 66) 63.6%
Inventory (National: 1,210,379) 99.1%

vs. Texas Median

Median Price (Texas: $330K) 24.2%
Days on Market (Texas: 88) 22.7%

Investor Takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage. High inventory relative to sales pace means buyers have options and sellers may be flexible on price. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals.

Austin, TX metro area Market Trends

Median Sale Price

Median Days on Market

Active Inventory

Homes Sold

Price per Square Foot

Sale-to-List Ratio

New Listings

Listings with Price Drops

Detailed Market Metrics

Median List Price

$432K

Price per Sq Ft

$203

Sale-to-List Ratio

96.8%

Months of Supply

6.8

Sold Above List

9.4%

Price Drops

29.8%

New Listings

3,035

8.3% YoY

Pending Sales

2,484

Off Market in 2 Weeks

15.7%

Analyze a deal in Austin, TX metro area

Calculate cash flow, Cap Rate, DSCR, and Cash-on-Cash Return for any rental property — free and instant.

Try It Free

Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.