Austin Real Estate Market

As of June 2026, the median home listed in Austin, TX asks $473,500 — down 9.8% from a year ago. Homes are taking a median of 63 days to go under contract, and 28% of the 12,456 active listings have taken a price cut, which points to a balanced market. Based on public records and industry data, updated monthly.

Austin scores 48/100 on our composite Investor Score (#498 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; the metro's long-run house price index has it up 28% over five years and +85% over ten, leaving prices 22% above its own 2000–2019 trend; at the published FY2026 fair market rent of $1,852/mo for a two-bedroom, the gross rental yield on the median listing is about 4.7%; active inventory sits at 161% of its June 2019 level, so supply is fully rebuilt past pre-pandemic norms; listing prices are down 9.8% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).

Austin's housing market sees rising sales and dropping prices in some areas, potentially offering more predictability. — AI-generated summary of the headlines above; read the linked coverage before relying on it.