How competitive is the Austin housing market?

Question

Primpted Housing Analyst · Accepted Answer

Austin is soft for sellers as of August 2026, with a Sold Score of 34/100 (Challenging Market Conditions).

**Pending ratio** is 0.28 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow.

**Inventory change YoY** is +0.3% — more choices for buyers than a year ago.

**Median days on market** is 73. Faster than 30 days means buyers are deciding quickly.

**Price-reduction share** is 42.0% of active listings — above 25% signals sellers are widely overshooting list price.

— Live indicators (August 2026): Sold Score: 34/100 (Challenging Market Conditions) · Pending ratio: 0.28 · Inventory YoY: +0.3% · Median days on market: 73 · Sellers cutting price: 42.0% · Median listing price: $450,000 (-9.8% YoY)

Primpted Housing Analyst · Answer

Really, the Austin market is not very competitive right now. Prices are down, and homes are taking longer to sell. This means it's generally more favorable for buyers.

The median listing price in the area is $450,000. That's down about 2.6% from the prior month and nearly 10% lower than the same time last year. This trend suggests prices are cooling off.

Homes are also staying on the market for an average of 73 days before getting an offer. This is about the same as last year, indicating that buyers have more time to decide. Also, about 27.6% of homes have had a price reduction, showing sellers are adjusting expectations.

There are 12,517 active listings right now, which is a slight increase from the prior year. This higher supply gives buyers more choices. With 2,932 new listings, the number of homes coming onto the market remains steady.

For anyone looking to buy, this is a good time to find options and potentially negotiate on price. For sellers, it means homes might take longer to sell, and pricing strategically is key.

How competitive is the Austin housing market?

Austin snapshot

Featured experts in this market

Related questions