What is the current market condition in Austin?

As of May 2026, the Austin metro is classified as Stabilizing. Pending ratio is 0.92 with median days on market at 33.

Are home prices dropping in Austin?

Median listing price is $269K, +1.5% year over year. 17.5% of active listings carry a price reduction.

How fast are homes selling in Austin?

The typical listing sits 33 days on market, a -21.4% change YoY. New listings are arriving at 64 per month.

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.

← Metro Index

Market Intelligence Report — MN-380

Austin, MN

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

Ref. No: 2026-MN-05
Updated: May 2026

Median Listing

$269K

+1.5% YOY

Pending Ratio

0.92

+8.8% YOY

Active Inventory

+20.0% YOY

Median DOM

33 Days

-21.4% YOY

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Market Signals & Indicators

Supply Dynamics

84 active listings represent the current floor, with new supply arriving at roughly 64 per month.

Pricing Pressure

17.5%

of active listings carry a price reduction, +0.2% from prior period.

$/Sq Ft

$0K

Median price per square foot has moved +1.2% year-over-year.

Absorption

0.92

Pending-to-active ratio — supply and demand dynamics are mixed.

Metro Demographics

Metro Area

Austin, MN

CBSA Code

Keller Williams Realty

★ 5.0 (31)

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