Austin

Tech capital working through a supply-driven price correction

Key Market Stats

Last updated: 2026-03

Median Price

$470K

-7.9% YoY

Month-over-Month

+3.2%

vs. last month

Active Listings

10,147

homes for sale

Months of Supply

2.4 mo.

Balanced market

Days on Market

53d

median

Cash Buyers

25.2%

of all sales

Median Home Price Trend

Austin — 24-month rolling

Months of Housing Supply

Austin — inventory trend

<2 Seller 2–4 Balanced >4 Buyer

AI Market Analysis — Austin

Austin is the Sun Belt market undergoing the sharpest correction, and also the one with the most compelling long-term case. Home prices peaked near $560,000 in mid-2022 and have since fallen roughly 20% — the largest pullback of any major Sun Belt metro. The cause is structural: Austin permitted an extraordinary volume of new housing during the pandemic boom, and that supply is now absorbing demand. Over 30,000 new apartment units delivered in 2024 alone. For buyers with a 5+ year horizon, Austin offers the most favorable entry point since 2020. Tech employment — anchored by Dell, Apple, Tesla Gigafactory, Samsung, and a dense startup ecosystem — remains resilient. Round Rock and Pflugerville to the north offer strong value relative to central Austin.

Analysis generated from Redfin, FRED, and Census Bureau data. Updated monthly.

Austin Analysis