Market Intelligence Report — TX-420

Austin, TX

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

Ref. No: 2026-TX-08
As of the latest 2026 data
Cooling

Median Listing

$450K
-9.8% YoY

Pending Ratio

0.28
+0.2% YoY

Active Inventory

12,517
+0.3% YoY

Median DOM

73 Days
+1.4% YoY

Primary Intelligence Tool — Sold Score™

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The Austin-Round Rock-San Marcos market is currently experiencing a cooling phase, with a pending ratio of 0.28 indicating that demand absorption continues to lag supply. The median listing price has declined 9.8% year-over-year, alongside a 2.6% month-over-month decrease.

Local Market Signals

Source: FRED (St. Louis Fed)

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

Job Market

4.0%+0.4 pp YoY

Unemployment rate · Jul 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

2.62M+2.1% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

2,605-10.7% YoY

Building permits (private housing units) · Jul 2026

Shows whether future inventory pressure may increase.

U.S. Census Bureau building permits via FRED (St. Louis Fed).

Market Analysis

What's moving the Austin market right now.

The most recent data indicate a decelerating market. While active listings have remained relatively stable with a 0.3% year-over-year increase, and new listings saw a marginal 1.2% year-over-year rise, the pending ratio of 0.28 suggests a limited appetite for available inventory. Median days on market have edged up slightly by 1.4% year-over-year, reaching 73 days, further reflecting the moderated pace. The median $/sqft also decreased by 8.1% over the past year.

Texas capital with a still-cooling tech-fueled market and renewed buyer leverage.

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

$450K-2.6% MoM

Active Inventory

12,517+0.3% YoY

Days on Market

73+1.4% YoY

Sold Score™

34+0.2% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

34
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 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

Current market dynamics suggest that demand pressure is diminished, allowing for more extended marketing periods for properties. With the pending ratio at 0.28, inventory is not being absorbed rapidly, which generally affords greater flexibility to prospective buyers regarding pace and price negotiations. Price discipline for sellers remains critical in this environment.

Luxury Segment

The average listing price of $704,101, significantly higher than the median listing price of $450,000, suggests some stratification. However, without additional data on top-tier specific $/sqft or direct luxury inventory metrics, a definitive signal of luxury-segment softness cannot be established solely from these figures. The overall declining average prices also affect this segment.

Supply Dynamics

12,517 active listings represent the current floor, with new supply arriving at roughly 2,932 per month.

Pricing Pressure
27.6%

of active listings carry a price reduction, -1.1% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -8.1% year-over-year.

Absorption
0.28

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Austin, TX? Buyer Demand Index is running at 28%.

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

Buyer Demand Index
28%
Median Days on Market
73 days
Inventory YoY
+0%

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

See my Sold Score & selling strategy

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

Alex Hernandez-Bobrow

Keller Williams Realty

How these recommendations are chosen →

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Metro Demographics

MSA Population
2.3M
Metro Area
Austin–Round Rock
CBSA Code
12420
State
TX

ZIPs in Austin, TX

Sorted by active inventory · click a ZIP for its full report

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 0.28 with median days on market at 73.

  • Are home prices dropping in Austin?+

    Median listing price is $450K, -9.8% year over year. 27.6% of active listings carry a price reduction.

  • How fast are homes selling in Austin?+

    The typical listing sits 73 days on market, a +1.4% change YoY. New listings are arriving at 2,932 per month.

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

    The average listing price of $704,101, significantly higher than the median listing price of $450,000, suggests some stratification. However, without additional data on top-tier specific $/sqft or direct luxury inventory metrics, a definitive signal of luxury-segment softness cannot be established solely from these figures. The overall declining average prices also affect this segment.

  • 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 12420 · 36mo history