Local home value data · Austin, TX
What's my home worth in Austin, TX?
Austin's pandemic-era surge made it one of the most expensive major cities in Texas, and the market has since cooled from its peak, with prices roughly flat to slightly lower and buyers no longer facing the rush they once did.
Is Austin a buyer's or seller's market?
Leaning buyer's. Redfin rates Austin 44/100 (not very competitive), based on how quickly homes sell, how often they get multiple offers, and how close they sell to list price.
What this means if you're selling in Austin
A median sale price of $550,000, down 1.0% year-over-year, suggests prices have largely stopped moving in either direction. Homes in Austin average about 57 days on market, faster than the 65 days a year ago, and receive around two offers, a sign that activity is picking up even as the price level holds steady.
How Austin compares
Austin has the highest median of the 8 markets shown, and sits 36% above the U.S. median.
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Is Austin a buyer's or seller's market right now?
It is still tilted toward buyers. Redfin scores Austin 44 out of 100 on its Compete Score, in the somewhat competitive range, and the median price is down 1.0% year-over-year. Homes are selling faster than last year, though, taking about 57 days compared with 65, so the market is improving for sellers.
Are Austin home prices going up or down?
They are roughly flat to slightly lower. The median sale price for the three months ending August 2026 was $550,000, which is 1.0% below the same period last year.
How accurate is the Austin median for my neighborhood?
The $550,000 citywide median hides wide differences between neighborhoods, so it can be well off from what your area sees. For an estimate based on your own home and nearby recent sales, request a free home value report, which is reviewed by a local agent.
Home values in nearby markets
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Market data (median sale price, year-over-year change, days on market, and buyer competition) sourced from Redfin, trailing 3-month data as of August 2026. Figures are approximate, change frequently, and are not a substitute for a formal appraisal or a local agent's comparative market analysis. Read more about how home value estimates work.