Market Intelligence Report — MN-380

Austin, MN

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-MN-06
As of the latest 2026 data
Accelerated

Median Listing

$259K
-2.3% YoY

Pending Ratio

0.69
-16.1% YoY

Active Inventory

94
+21.4% YoY

Median DOM

43 Days
+13.3% YoY

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The Austin, MN market currently exhibits an Accelerated condition, primarily driven by a pending ratio of 0.69, indicating active demand absorption relative to available inventory. Though the median listing price experienced a month-over-month decline of 3.9%, its year-over-year performance is down by 2.3%, alongside an upward trend in active listings.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Austin market right now.

Active listings have seen a substantial year-over-year increase of 21.4%, with new listings also growing by 14.8% over the past year. Despite this growth in available properties, the pending ratio, while still elevated at 0.69, has declined by 16.1% year-over-year, suggesting a moderating but still robust pace of demand. The median listing price has observed a modest year-over-year decrease of 2.3%.

Alex Hernandez-Bobrow
Keller Williams Realty

Local pricing and inventory dynamics across Austin shift block by block — happy to walk through what's actually closing.

Historical Analysis

Market Trends

Median Price

$259K-3.9% MoM

Active Inventory

94+21.4% YoY

Days on Market

43+13.3% YoY

Sold Score™

67-16.1% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

67
Jun 23May 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Jul 23Jun 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Jul 23Feb 24Sep 24Apr 25Nov 25Jun 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The current market dynamics suggest that properties are moving at an accelerated pace, exerting pressure on inventory, as evidenced by the consistently high pending ratio. While price adjustments are occurring, with a 14.9% share of listings seeing reductions, the overall speed of transactions indicates that properties perceived as well-priced are likely to attract swift engagement. Price discipline remains important for sellers.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

94 active listings represent the current floor, with new supply arriving at roughly 62 per month.

Pricing Pressure
14.9%

of active listings carry a price reduction, -0.7% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +2.1% year-over-year.

Absorption
0.69

Pending-to-active ratio — Accelerated.

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Metro Demographics

Metro Area
Austin, MN
CBSA Code
12380
State
MN

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