Key Takeaways
- Travis County remained a buyer’s market in July. Homes sat for over two months on average, supply hovered above six months, and only 14% sold above asking—less than half the national rate.
- Home sales jumped 13% year over year even as national sales dipped, signaling that buyers re-engaged once prices leveled off.
- The median sale price held near $523,000, essentially flat from a year ago, while national prices climbed more than 3%.
Travis County, TX Housing Market Snapshot
| Median Sale Price | Pending Sales | Active Listings | Days on Market | Sold Above List |
|---|---|---|---|---|
| $523,465 (-0.3% YoY) | 1,532 (+5.3% YoY) | 9,692 (-4.6% YoY) | 61 days (-3 days YoY) | 13.9% (+2.6 ppt YoY) |
Travis County’s housing market continued to favor buyers in July, but the balance shifted slightly. Prices remained flat while the rest of the country appreciated, yet transaction volume surged—homes sold rose 13% from a year ago and pending sales climbed 5%. Inventory tightened modestly despite still sitting at elevated levels. The result was a market where buyers retained leverage on price but faced growing competition for well-priced homes.
Learn everything you need to know about the Travis County, TX housing market as we head into late summer, and what buyers and sellers can do to succeed.
U.S. Housing Market Snapshot
| Median Sale Price | Pending Sales | Active Listings | Days on Market | Buyer-Seller Balance |
|---|---|---|---|---|
| $407,730 (+3.2% YoY) | 335,051 (-0.7% YoY) | 1,462,921 (-0.6% YoY) | 49 days (0 days YoY) | Sellers outnumber buyers by 51.3% |
Nationally, home prices rose about 3% and activity was essentially flat—pending sales barely moved, inventory held steady, and homes sold at the same pace as a year ago. Travis County diverged on nearly every metric: prices stalled, but transaction volume spiked in the opposite direction from the national trend, suggesting that local buyers were waiting for price relief and found it.
“The U.S. housing market continued its slow recovery in July, but again felt some bumps in the road,” said Chen Zhao, Redfin’s head of economics research. “Both supply and demand declined for the second month in a row, propping up prices and exacerbating the slow and expensive buyer’s market that has defined the post-pandemic period. Mortgage rate and economic volatility tied to the war in Iran and an unexpectedly hot job market has added a layer of uncertainty as well. Most buyers and sellers won’t see a much improved housing market, but economists are confident that affordability and normalcy will return in the coming years.”
Travis County Prices Stayed Flat While the Nation Climbed
The median sale price in Travis County was $523,465 in July, essentially flat from a year ago, while national prices climbed 3%. This extended a pattern that began in late 2022: after peaking near $650,000 during the pandemic frenzy, Travis County prices corrected sharply and have since stabilized in the low-to-mid $500,000 range. The median price per square foot edged up about 1% year over year to $272, indicating that per-unit values are holding even as headline prices stagnate.
The typical home sold for about 97% of its list price, and 28% of active listings carried a price reduction—well above the national average of 19%. Sellers who priced aggressively still attracted offers, but the era of automatic appreciation that defined 2020-2022 has not returned. Buyers had room to negotiate, and the data showed they used it: only 14% of homes sold above asking, compared with 25% nationally.
Home Sales Surged as Buyers Jumped Back In
Homes sold in Travis County reached 1,331 in July, a 13% jump from a year ago, while national sales edged down about 1%. Pending sales also rose 5% year over year to 1,532—the strongest July reading since 2021. The surge in activity coincided with stable prices and ample inventory, a combination that drew buyers who had been sidelined during the pandemic-era run-up. Nationally, pending sales barely moved at -1%, making Travis County’s acceleration stand out.
Homes moved somewhat faster than a year ago. The median time on market fell to 61 days from 64 a year prior, and about 19% of homes went under contract within two weeks. Still, these numbers remained well above the national pace of 49 days, confirming that Travis County’s market operated on a slower rhythm. Buyers could tour, deliberate, and negotiate without the urgency that dominated in 2021.
Months of Supply Exceeded Six, Signaling a Buyer’s Market
Active listings in Travis County fell about 5% year over year to 9,692—the first sustained decline since early 2024, when inventory was still climbing. New listings rose 5% to 1,976, meaning sellers continued to enter the market. But the surge in buyer activity absorbed new supply faster than it appeared, tipping the balance toward tighter conditions. Nationally, active listings barely moved at -1%, so Travis County’s inventory contraction was roughly five times steeper.
Months of supply stood at 6.1—still elevated compared with the national figure of 3.9 and well above the 2-3 months typical of a seller’s market. But that number fell from last summer, when supply exceeded 6.5 months. If the current trajectory holds—rising demand absorbing a still-generous but shrinking pool of homes—buyers who wait may face a tighter market by fall.
Luxury Led Price Gains; Lower Tiers Continued to Correct
| Price Tier | Median Price (YoY) | Sold (YoY) | DOM (YoY) | % Above List (YoY) |
|---|---|---|---|---|
| Luxury (top 5%) | $1,839,700 (+5.7%) | 466 (+13.1%) | 52 days (-5 days) | 14.4% (+5.2 ppt) |
| High (65th-95th%) | $738,492 (-1.1%) | 1,665 (+16.1%) | 46 days (-3 days) | 17.6% (+4.1 ppt) |
| Non-luxury (35th-65th%) | $434,917 (-1.9%) | 1,087 (+2.3%) | 55 days (-3 days) | 13.2% (-2.6 ppt) |
| Starter (5th-35th%) | $316,677 (-3.2%) | 973 (+20.4%) | 66 days (+3 days) | 13.8% (-3.1 ppt) |
| Bottom (bottom 5%) | $199,113 (-3.8%) | 187 (+19.1%) | 87 days (+16 days) | 7.0% (-0.7 ppt) |
Redfin analysis of MLS data • Rolling three-month period (April-June 2026)
Only luxury homes ($1.84M median) posted price gains, rising nearly 6% year over year. That tier also saw the largest increase in above-list activity, jumping 5 percentage points. The high tier ($738K median) led in volume growth at 16%, with above-list rates also rising 4 percentage points. Both upper tiers sold faster, with days on market falling 3 to 5 days.
Below the midpoint, prices declined across the board. Starter homes fell about 3%, and bottom-tier prices dropped nearly 4%—with homes in that bracket sitting for 87 days on average, 16 more than a year ago. The divergence between tiers reflected a market where high-end demand remained resilient, while affordable segments continued to correct from pandemic-era overpricing.
How Buyers and Sellers Can Navigate the Travis County, TX Housing Market
If you’re buying in Travis County, you have unusual leverage for a major metro. Over six months of supply, 28% of listings with price cuts, and 61 days on market all point toward room to negotiate. Lean into inspections, request concessions, and don’t rush—the data shows homes stay available long enough to make informed decisions. If you’re targeting the starter or mid-tier segment, prices have fallen 2-3% from a year ago, and fewer than 14% of homes sell above asking.
If you’re selling, pricing accurately from day one is critical. The average home sold for about 97% of its list price, and more than a quarter of all listings required a price cut. Overpricing is the fastest path to a stale listing in a market where buyers have options. The bright spot: transaction volume is surging, meaning well-priced homes are finding buyers. If your property is in the upper tiers, demand is accelerating fastest there—luxury sales grew 13% and above-list activity climbed.
Travis County, TX Market Data by City
Rolling three-month period (May-July 2026). Cities with 50+ sales shown.
| City | Median Sale Price (YoY) | Sold | New List. | Active | DOM | % Above | Supply |
|---|---|---|---|---|---|---|---|
| Austin | $561,969 (+0.8% YoY) | 2,922 | 4,479 | 9,016 | 52 | 14.9% | 5.4 |
| Pflugerville | $365,317 (-9.8% YoY) | 219 | 296 | 586 | 61 | 12.6% | 4.6 |
| Lakeway | $784,607 (-3.3% YoY) | 152 | 209 | 459 | 61 | 9.4% | 5.6 |
| Lago Vista | $404,797 (-8.0% YoY) | 99 | 116 | 326 | 75 | 18.6% | 6.2 |
| Manor | $324,832 (-4.5% YoY) | 78 | 163 | 317 | 67 | 15.8% | 8.2 |
| Steiner Ranch | $829,085 (-2.9% YoY) | 74 | 101 | 182 | 57 | 8.4% | 4.2 |
This article has been generated, in whole or in part, using generative artificial intelligence (AI) technology, with input from Redfin head of economics research Chen Zhao. While efforts have been made to ensure the accuracy and reliability of this information, you should independently verify all data, facts, and citations contained in this article before relying on it for any purpose. This information is not a substitute for advice from a real estate agent, financial advisor, or other licensed professional. County-level data is not seasonally adjusted. Check the Redfin Data Center for additional in-depth housing market data.
