Market Intelligence Report — MN-380

Austin, MN

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

Ref. No: 2026-MN-09
As of the latest 2026 data
Cooling

Median Listing

$240K
+0.4% YoY

Pending Ratio

0.32
-41.0% YoY

Active Inventory

122
+42.1% YoY

Median DOM

43 Days
-11.9% YoY

Primary Intelligence Tool — Sold Score™

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The Austin, MN housing market is experiencing a cooling trend, with the pending ratio at 0.32, indicating demand absorption is lagging supply. Active listings have risen to 122, marking a significant year-over-year increase of 42.1%.

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.

Inventory levels have expanded considerably, with active listings up 42.1% year-over-year and new listings increasing by 17.4% over the past year. Concurrently, the pending ratio has declined sharply, contracting by 41.0% year-over-year to 0.32. While the median listing price shows a modest 0.4% year-over-year increase, it has seen a month-over-month decrease of 4.9%.

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

$240K-4.9% MoM

Active Inventory

122+42.1% YoY

Days on Market

43-11.9% YoY

Sold Score™

55-41.0% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

55
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 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 expansion in active listings suggests reduced inventory pressure, shifting the pace of transactions. A declining pending ratio indicates that buyers have more options and less urgency, leading to more negotiations. This environment necessitates price discipline from sellers to align with current demand absorption rates.

Luxury Segment

The average listing price has declined by 4.7% year-over-year, contrasting with a slight increase in the median listing price. This widening spread between average and median pricing, alongside a year-over-year decline in median $/sqft by 2.1%, suggests some softening in the higher-priced segments of the market.

Supply Dynamics

122 active listings represent the current floor, with new supply arriving at roughly 54 per month.

Pricing Pressure
16.4%

of active listings carry a price reduction, -3.1% from prior period.

$/Sq Ft
$0K

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

Absorption
0.32

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Austin, MN? Homes here are taking 6 days less to sell than last year.

Buyers have leverage in Austin, MN. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
32%
Median Days on Market
43 days
Inventory YoY
+42%

In a buyer's market, strategy beats timing. See how your home scores in Austin, MN and what moves the number.

See my Sold Score & selling strategy →

Talk to a listing expert who is actively selling in Austin, MN.

Alex Hernandez-Bobrow →

Keller Williams Realty

How these recommendations are chosen →

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Metro Demographics

Metro Area
Austin, MN
CBSA Code
12380
State
MN

Vetted Local Practitioners

Direct Consultation

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Analysis FAQ
  • What is the current market condition in Austin?+

    As of the latest 2026 data, the Austin metro is classified as Cooling. Pending ratio is 0.32 with median days on market at 43.

  • Are home prices dropping in Austin?+

    Median listing price is $240K, +0.4% year over year. 16.4% of active listings carry a price reduction.

  • How fast are homes selling in Austin?+

    The typical listing sits 43 days on market, a -11.9% change YoY. New listings are arriving at 54 per month.

  • What's happening in the Austin luxury market?+

    The average listing price has declined by 4.7% year-over-year, contrasting with a slight increase in the median listing price. This widening spread between average and median pricing, alongside a year-over-year decline in median $/sqft by 2.1%, suggests some softening in the higher-priced segments of the market.

  • Where can I find a trusted Austin real estate expert?+

    Primpted maintains a vetted registry of Austin agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 12380 · 36mo history