What is the median home price in Austin?

The median home price in Austin right now is $446,450. This price has seen a small dip recently and a larger change compared to last year. Looking closer, this median price is down 0.8% from the previous month. Over the past year, it has decreased by 9.8%, meaning homes are generally listed for less money than they were at this time last year. There are 12,083 homes available for sale, which is a slight increase of 1.5% compared to a year ago. New homes coming onto the market also went up by 2.1% over the past year, with 2,926 new listings. Homes in Austin are staying on the market for about 80 days before they sell. This is a bit longer than last year, up by 1.3%. Also, 27.3% of homes have had their prices lowered, which is similar to the share from last year. If you're thinking about buying, the current market shows prices are a bit lower than they've been, and there are more homes to choose from, giving you more options.

The median price for a home in the Austin area is $446,450 right now. This is the middle price point, meaning half the homes cost more and half cost less. If you are looking at homes, this is the price to keep in mind. We have seen a small dip in this price recently. Looking back, this price is down a bit from last year. This means homes are a little more affordable now than they were at this time last year. The median price per square foot is currently $228. This is also less than it was last year, down by 8.4%. This gives you another way to think about the value of homes in the area. For buyers, these numbers suggest a slightly more favorable market compared to previous periods. You might find properties that fit your budget better than before.