How competitive is the Austin housing market?

Question

Primpted Housing Analyst · Accepted Answer

Austin is moderately competitive as of September 2026, with a Sold Score of 55/100 (Fair Chance of Selling).

**Pending ratio** is 0.32 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow.

**Inventory change YoY** is +42.1% — more choices for buyers than a year ago.

**Median days on market** is 43. Faster than 30 days means buyers are deciding quickly.

**Price-reduction share** is 27.9% of active listings — above 25% signals sellers are widely overshooting list price.

— Live indicators (September 2026): Sold Score: 55/100 (Fair Chance of Selling) · Pending ratio: 0.32 · Inventory YoY: +42.1% · Median days on market: 43 · Sellers cutting price: 27.9% · Median listing price: $240,200 (+0.4% YoY)

Primpted Housing Analyst · Answer

The Austin, MN housing market is showing signs of becoming less competitive right now. There are more homes available, and the rate at which homes are going under contract has slowed down.

Right now, the typical home is listed for $240,200. This is a bit lower than last month, down 4.9%, but still slightly up compared to the same time last year, by 0.4%.

There are more homes to choose from, with 122 active listings. This is a big jump, 42.1% more than what was available over the past year. More new homes are also hitting the market, up 17.4% year-over-year.

Homes are selling a little faster than before, spending 43 days on the market. This is nearly 12% quicker than a year ago. However, fewer homes are going under contract, with pending listings down 41.0% compared to the past year.

If you're looking to buy in Austin, MN, there's more inventory to explore, and homes aren't flying off the market as quickly, which could give you more options and a bit more time to decide.

How competitive is the Austin housing market?

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