The Southwest Austin housing market is somewhat competitive. The median sale price of a home in Southwest Austin was $517K last month, down 3.5% since last year. The median sale price per square foot in Southwest Austin is $292, down 2.0% since last year.
What is the housing market like in Southwest Austin today?
In April 2024, Southwest Austin home prices were down 3.5% compared to last year, selling for a median price of $517K. On average, homes in Southwest Austin sell after 46 days on the market compared to 49 days last year. There were 342 homes sold in April this year, up from 297 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$516,500
-3.5% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Southwest Austin, TX
$516,500
-3.5%
United States
To compare other locations to the Southwest Austin and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Austin add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Southwest Austin housing market?
Southwest Austin is somewhat competitive. Homes sell in 42 days.
0
100
51
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 42 days.
Hot homes
can sell for about 1% above list price and go pending in around 25 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
98.8%
-0.18 pt YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Southwest Austin, TX
98.8%
-0.18 pt
United States
Home offer insights for Southwest Austin
Explore recent offers and recently sold homes in Southwest Austin
Recent offers
Offer Not Accepted|
9 Weeks Ago
~$500K Offer
Sold for $500K
3bd | 2.5ba | ~2,000sqft
Under List Price
1%
Days on Market
23
Competing Offers
4
Down Payment
~20%
Vickie Self
Southwest Austin Redfin Agent
5 offers total - winning offer 2-3% over list......
Offer Not Accepted|
9 Weeks Ago
~$600K Offer
Sold for $650K
3bd | 2ba | ~1,750sqft
Over List Price
0%
Days on Market
10
Competing Offers
8
Down Payment
~20%
Ian Stirling
Southwest Austin Redfin Agent
Lost to multiples offers, included was escalation clause and a partial appraisal waiver
Offer Not Accepted|
7 Weeks Ago
~$750K Offer
Sold for $750K
4bd | 2.5ba | ~2,250sqft
Over List Price
3%
Days on Market
38
Competing Offers
3
Down Payment
<10%
Vanessa Stroud
Southwest Austin Redfin Agent
Offer Not Accepted|
7 Weeks Ago
~$650K Offer
Sold for $700K
4bd | 3ba | ~2,000sqft
Under List Price
8%
Days on Market
12
Competing Offers
0
Down Payment
<10%
Robert Evans
Southwest Austin Redfin Agent
View houses in Southwest Austin that sold recently
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Climate's impact on Southwest Austin housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Southwest Austin.
Risk Factor
Flood Factor - Minor
7% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Southwest Austin has a minor risk of flooding. 1,493 properties in Southwest Austin are likely to be
severely affected
by flooding over the next 30 years. This represents 7% of all properties in Southwest Austin. Flood risk is increasing slower than the national average.
87% of properties are at risk of wildfire over the next 30 years
Fire Factor
Southwest Austin has a moderate risk of wildfire. There are 29,348 properties in Southwest Austin that have some risk of being affected by wildfire over the next 30 years. This represents 87% of all properties in Southwest Austin.
84% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
Southwest Austin has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Southwest Austin is most at risk from hurricanes. 28,155 properties in Southwest Austin have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 106 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 111 mph.
100% of properties are at severe
risk of heat over the next 30 years
Heat Factor
Southwest Austin has a severe risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Southwest Austin have a Severe Heat Factor®.
Southwest Austin is expected to see a 228% increase in the number of days over 108ºF over the next 30 years. Southwest Austin is expected to experience 9