Major metropolitan market · Texas · September 2026 data

What is the Austin, TX real estate market doing?

As of September 2026, the median home listed in Austin, TX asks $446,450, down 9.8% year over year. Homes spend a median of 80 days on market, with 12,083 active listings and 27% carrying a price cut; pending contracts equal 27% of active listings, and inventory sits at 158% of the same month in 2019 — a buyer's market. Estimated gross rental yield on the median listing is 5.0%. Figures come from public records and industry data, updated monthly.

Median listing price
$446,450
▼ 9.8% YoY
Median $ / sq ft
$228
2,001 sq ft median
Median days on market
80
September 2026
Active listings
12,083
For sale now
New listings
2,926
September 2026
Listings with price cuts
27%
Share of active
Inventory vs 2019
158%
Same month, 2019 = 100
Pending / active
27%
Contract activity
Median sale price (closed)
$435,000
▲ 1.1% YoY · closed sales · July 2026
Sale-to-list ratio
n/a
Non-disclosure state: sale prices are not public record, so WealthyBud does not show or rank this ratio
Homes sold / month
2,625
Closed sales · July 2026, seasonally adjusted

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

The Austin, TX housing market lists at a $446,450 median as of September 2026, down 9.8% year over year, with an 80-day median market time and 12,083 homes for sale (27% with a price cut). Active inventory is 158% of the 2019 level, reading as a buyer's market under WealthyBud's published buyer/seller rule. Gross rental yield is about 5.0%.

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, TX housing market at a glance — September 2026
MetricLatestDetail
Median listing price$446,450-9.8% YoY
Median price per sq ft$2282,001 sq ft median
Median days on market80+1% YoY
Active listings12,083+1% YoY
New listings this month2,926September 2026
Listings with a price cut27%Share of active
Median sale price (closed)$435,000+1.1% YoY · closed sales, July 2026
Sale-to-list ration/aNon-disclosure state: sale prices are not public record, so WealthyBud does not show or rank this ratio
Pending-to-active ratio26.9%3,249 pending
Inventory vs 2019158%Active listings vs same month in 2019
Gross rental yield5.0%2BR fair market rent

How have home prices changed in Austin?

Austin home prices are down 9.8% year over year and -0.8% month over month as of September 2026, at a $446,450 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.

$525K$505K$486K$466K Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26Q3'26

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

The 10-year view
$622K$559K$496K$432K '17'18'19'20'21'22'23'24'25'26

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

How much inventory is on the market in Austin?

Austin has 12,083 active listings, 2,926 new this month, 3,249 pending as of September 2026. About 27% of active listings have cut their price, and inventory sits at 158% of its 2019 level — a buyer's market by pace.

Active listings
12,083
New this month
2,926
Pending
3,249
Price-reduced
3,299

Is Austin a good real estate investment?

Austin scores 48/100 on WealthyBud's composite Investor Score, ranking #494 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
48/100
#494 of 933 covered metros
12-month outlook
-2.0%
▼ Cooling · model output, not advice
Price volatility
High
σ 8.3% · 20-yr price-index swings
Momentum
44
Value
77
Rental yield
81
Supply risk
92
Market heat
25

Austin scores 48/100 on our composite Investor Score (#494 of 933 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 5.0%; active inventory sits at 158% 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 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 $446,450 median listing runs about $2,444 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%
$2,206/mo
−$238/mo vs today
At today's rate · 7.28%
$2,444/mo
National weekly average
If rates rise 1% · 8.28%
$2,691/mo
+$247/mo vs today

Principal & interest on the $446,450 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 $446,450 median listing with 20% down, a household needs about $130,000 a year in gross income, keeping principal, interest and property tax ($3,039/mo) at 28% of income. That is 1.3× the area’s $97,638 median household income, so a typical Austin household cannot afford the median listing on these terms.

Income needed to buy the median home in Austin, TX — September 2026
ItemAmountBasis
Median listing price$446,450September 2026
Down payment (20%)$89,290Assumption
Principal & interest (7.28%, 30-yr fixed)$2,444/moRate as of 2026-10-01
Property tax (1.60% effective rate)$595/moCensus ACS
Income needed (28% rule)$130,000Gross household income / yr
Median household income$97,638Census 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 26,964 homes permitted in 2025; net migration of +16,734 residents; +1.2% job growth. Natural-hazard risk rates Relatively High. These federal supply-pipeline, migration and jobs signals shape where prices head next.

Building permits (2025)
26,964
▼ 16.5% vs 2024
11.4 per 1,000 residents
Net migration (2022–2023)
+16,734
▲ people, via tax-return records
net income flow +$1411.4M/yr
Job growth (YoY)
+1.2%
▲ 1,415.9k nonfarm jobs · August 2026
Natural-hazard risk
Relatively High
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.

What is the latest Austin real estate news?

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.

Headlines collected 2026-07-05; each links to the original publisher.

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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, TX is $446,450, down 9.8% year over year (source: public records and industry data).
How much does it cost to buy a home in Austin?
The median home listed in Austin asks $446,450 as of September 2026. With 20% down on a 30-year fixed loan at the current 7.28% national average rate, that runs about $2,444 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Austin?
The median property in Austin spends 80 days on the market, with 12,083 homes actively listed and 27% of them carrying a price cut — a buyer's market as of September 2026.
Is it a buyer's or seller's market in Austin?
With a median 80 days on market and 27% of active listings carrying a price cut, pending contracts at 27% of active listings, Austin reads as a buyer's 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 48/100 on WealthyBud's Investor Score, ranking #494 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 Texas 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 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.

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Jasper Lindqvist Commercial Real Estate Analyst

Jasper Lindqvist is a commercial real estate analyst who covers office, retail and industrial property trends, cap rates and vacancy using public REIT filings and market reports. He focuses on how commercial demand shifts ripple into residential markets.

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.