Metropolitan market · Minnesota · September 2026 data

What is the Austin, MN real estate market doing?

As of September 2026, the median home listed in Austin, MN asks $240,200, up 0.4% year over year. Homes spend a median of 43 days on market, with 122 active listings and 16% carrying a price cut; pending contracts equal 32% of active listings, and inventory sits at 91% of the same month in 2019 — a balanced market. Figures come from public records and industry data, updated monthly.

Median listing price
$240,200
▲ 0.4% YoY
Median $ / sq ft
$138
1,850 sq ft median
Median days on market
43
September 2026
Active listings
122
For sale now
New listings
54
September 2026
Listings with price cuts
16%
Share of active
Inventory vs 2019
91%
Same month, 2019 = 100
Pending / active
32%
Contract activity
Median sale price (closed)
$234,000
▲ 5.2% YoY · closed sales · July 2026
Sale-to-list ratio
98.9%
Closed sales · July 2026, seasonally adjusted
Homes sold / month
47
Closed sales · July 2026, seasonally adjusted

What is the Austin, MN housing market doing right now?

The Austin, MN housing market lists at a $240,200 median as of September 2026, up 0.4% year over year, with a 43-day median market time and 122 homes for sale (16% with a price cut). Active inventory is 91% of the 2019 level, reading as a balanced market under WealthyBud's published buyer/seller rule.

Austin housing market statistics

The table summarizes Austin's key housing figures for September 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data. Closed-sale figures are Redfin's July 2026 data, the latest settled month Redfin reports for Austin.

Austin, MN housing market at a glance — September 2026
MetricLatestDetail
Median listing price$240,200+0.4% YoY
Median price per sq ft$1381,850 sq ft median
Median days on market43-12% YoY
Active listings122+42% YoY
New listings this month54September 2026
Listings with a price cut16%Share of active
Median sale price (closed)$234,000+5.2% YoY · closed sales, July 2026
Sale-to-list ratio98.9%Closed sales, July 2026, seasonally adjusted
Pending-to-active ratio32.1%39 pending
Inventory vs 201991%Active listings vs same month in 2019

How have home prices changed in Austin?

Austin home prices are up 0.4% year over year and -4.9% month over month as of September 2026, at a $240,200 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.

$303K$276K$249K$222K Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26Q3'26

Median listing price, Austin MN · trailing 8 quarters · source: public records and industry data.

The 10-year view
$265K$225K$185K$145K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Austin MN · June of each year, 2017–2026 · source: public records and industry data.

How much inventory is on the market in Austin?

Austin has 122 active listings, 54 new this month, 39 pending as of September 2026. About 16% of active listings have cut their price, and inventory sits at 91% of its 2019 level — a balanced market by pace.

Active listings
122
New this month
54
Pending
39
Price-reduced
20

Is Austin a good real estate investment?

Austin scores 62/100 on WealthyBud's composite Investor Score, ranking #227 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.

Investor Score
62/100
#227 of 933 covered metros
12-month outlook
+1.2%
Flat · model output, not advice
Momentum
46
Value
91
Rental yield
60
Supply risk
50
Market heat
69

Austin scores 62/100 on our composite Investor Score (#227 of 933 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; active inventory sits at 91% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are up 0.4% year over year; all against a national 30-year fixed mortgage rate of 7.28% (national weekly average, 2026-10-01).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Austin ranks on the trending markets index.

How much is a monthly mortgage payment in Austin?

A home at Austin's $240,200 median listing runs about $1,315 a month in principal and interest — 20% down on a 30-year fixed loan at the current 7.28% national average rate. Taxes, insurance and HOA are extra.

If rates fall 1% · 6.28%
$1,187/mo
−$128/mo vs today
At today's rate · 7.28%
$1,315/mo
National weekly average
If rates rise 1% · 8.28%
$1,448/mo
+$133/mo vs today

Principal & interest on the $240,200 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 7.28% (national weekly average, 2026-10-01). Model a full deal in the deal analyzer.

How much income do you need to buy a home in Austin?

To buy Austin’s $240,200 median listing with 20% down, a household needs about $65,000 a year in gross income, keeping principal, interest and property tax ($1,527/mo) at 28% of income. The area’s median household income is $71,495, so the median listing is within reach of a typical Austin household on these terms.

Income needed to buy the median home in Austin, MN — September 2026
ItemAmountBasis
Median listing price$240,200September 2026
Down payment (20%)$48,040Assumption
Principal & interest (7.28%, 30-yr fixed)$1,315/moRate as of 2026-10-01
Property tax (1.06% effective rate)$212/moCensus ACS
Income needed (28% rule)$65,000Gross household income / yr
Median household income$71,495Census ACS 2023 ACS 5-year

Excludes homeowners insurance, HOA dues and mortgage insurance, so the true income needed is higher. Compare every market in the income-needed ranking and the price-to-income ranking.

What is driving the Austin housing market?

Longer-run demand in Austin shows up in 136 homes permitted in 2025; net migration of -228 residents. Natural-hazard risk rates Relatively Low. These federal supply-pipeline, migration and jobs signals shape where prices head next.

Building permits (2025)
136
▲ 156.6% vs 2024
3.4 per 1,000 residents
Net migration (2022–2023)
-228
▼ people, via tax-return records
net income flow −$9.97M/yr
Natural-hazard risk
Relatively Low
National hazard index · top hazard: Riverine flooding

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

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Austin housing market FAQ

What is the median home price in Austin?
As of September 2026, the median listing price in Austin, MN is $240,200, up 0.4% year over year (source: public records and industry data). Figures cover the Austin, MN metro area.
How much does it cost to buy a home in Austin?
The median home listed in Austin asks $240,200 as of September 2026. With 20% down on a 30-year fixed loan at the current 7.28% national average rate, that runs about $1,315 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Austin?
The median property in Austin spends 43 days on the market, with 122 homes actively listed and 16% of them carrying a price cut — a balanced market as of September 2026.
Is it a buyer's or seller's market in Austin?
With a median 43 days on market and 16% of active listings carrying a price cut, pending contracts at 32% of active listings, Austin reads as a balanced market as of September 2026. Labels use WealthyBud's published DOM / sale-to-list / price-cut / pending rule. Conditions shift monthly.
Is Austin a good place to invest in real estate?
Austin scores 62/100 on WealthyBud's Investor Score, ranking #227 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Austin?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Austin and the wider Minnesota market, ranked by recent sales from public profile data.
Based on public records and industry data, September 2026 — see our methodology for how every figure is computed. Figures cover the Austin, MN metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.

More Minnesota housing markets

Priya Nandakumar Housing Economist

Priya Nandakumar is a housing economist who tracks national and regional housing-supply trends, mortgage rates and affordability using public Census and housing-starts data. She translates federal housing releases into metro-level takeaways for buyers and investors.

Editorial persona: WealthyBud bylines are editorial personas, not real individuals. Pages are produced by the WealthyBud research team from the public data cited on each page.