How much is my Austin home worth?

There are a few ways to think about your home's worth in Austin, but a good starting point is the typical listing price. The average home in the area lists for $737,300, which is down 8.5% from a year ago. The median listing price, another good measure, is $475,000, which has not changed in the last month but is 9.5% lower than last year. Looking at the price per square foot, homes are listed at $240, which is 8.3% lower than last year. This means homes are listed for less money per square foot than they were in the past. It's also taking longer to sell homes. The typical home is on the market for 56 days, which is 21.7% longer than a year ago. About 27 out of every 100 homes have recently dropped their price. While the overall number of homes for sale is down slightly, there are still 11,974 active listings. This gives buyers a good selection. Overall, the market shows that homes are listing for less than last year and taking longer to sell. When you list your home, be sure to price it competitively and understand that it might take a bit longer to find a buyer.