Austin, TX Housing Market
The Austin housing market is somewhat competitive. Homes in Austin receive 3 offers on average and sell in around 54 days. The median sale price of a home in Austin was $559K last month, down 2.6% since last year. The median sale price per square foot in Austin is $320, down 7.8% since last year.
Austin Housing Market Trends
In August 2023, Austin home prices were down 2.6% compared to last year, selling for a median price of $559K. On average, homes in Austin sell after 54 days on the market compared to 41 days last year. There were 906 homes sold in August this year, down from 939 last year.

How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Austin housing market?
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 3% below list price and go pending in around 49 days.
- Hot homescan sell for around list price and go pending in around 28 days.
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 2% below list price and go pending in around 53 days.
- Hot homescan sell for around list price and go pending in around 30 days.
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 40 days.
- Hot homescan sell for about 1% above list price and go pending in around 28 days.
Austin Migration & Relocation Trends
- Across the nation, 1% of homebuyers searched to move into Austin from outside metros.
- San Francisco homebuyers searched to move into Austin more than any other metro followed by Los Angeles and Chicago.
- 71% of Austin homebuyers searched to stay within the Austin metropolitan area.
- San Antonio was the most popular destination among Austin homebuyers followed by Denver and Corpus Christi.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Jun '23 - Aug '23 | ||
1 | 1,236 | ||
2 | 616 | ||
3 | 521 | ||
4 | 488 | ||
5 | 234 | ||
6 | 140 | ||
7 | 125 | ||
8 | 119 | ||
9 | 79 | ||
10 | 78 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Jun '23 - Aug '23 | ||
1 | 558 | ||
2 | 319 | ||
3 | 277 | ||
4 | 275 | ||
5 | 172 | ||
6 | 126 | ||
7 | 82 | ||
8 | 77 | ||
9 | 75 | ||
10 | 73 |
Home offer insights for Austin
Recent offers
- Winning Offer|6 Weeks Ago~$400K Offer2 bd | 2 ba | ~1,250 sqftUnder List Price2%Days on Market13Competing Offers0Down Payment~40%
- Offer Not Accepted|6 Weeks Ago~$375K OfferSold for $425K3 bd | 2 ba | ~1,500 sqftOver List Price2%Days on Market16Competing Offers9Down Payment~10%
- Offer Not Accepted|5 Weeks Ago~$700K OfferSold for $700K3 bd | 2 ba | ~1,250 sqftOver List Price2%Days on Market13Competing Offers5Down Payment~30%
- Offer Not Accepted|7 Weeks Ago~$950K OfferSold for $1M4 bd | 3 ba | ~2,250 sqftOver List Price6%Days on Market12Competing Offers10Down Payment~20%
- Offer Not Accepted|8 Weeks Ago~$900K OfferSold for $1M5 bd | 3.5 ba | ~3,500 sqftUnder List Price22%Days on Market77Competing Offers0Down Payment~20%
View houses in Austin that sold recently
Recently sold homes
- $750,000 Last List Price2 Beds1 Bath1,028 Sq. Ft.1803 Garden St, Austin, TX 78702Days on Market78 days1803 Garden St, Austin, TX 78702
- $630,000 Last List Price3 Beds2 Baths1,767 Sq. Ft.4803 Beaver Creek Dr, Austin, TX 78759Days on Market48 days4803 Beaver Creek Dr, Austin, TX 78759
- $849,000 Last List Price4 Beds2 Baths2,557 Sq. Ft.8806 Royalwood Dr, Austin, TX 78750Days on Market163 days8806 Royalwood Dr, Austin, TX 78750
- $2,350,000 Last List Price2 Beds2 Baths1,471 Sq. Ft.98 San Jacinto Blvd #1305, Austin, TX 78701Days on Market40 days98 San Jacinto Blvd #1305, Austin, TX 78701
- $375,000 Last List Price2 Beds2 Baths1,040 Sq. Ft.501 W 26th St #217, Austin, TX 78705Days on Market27 days501 W 26th St #217, Austin, TX 78705
- $339,900 Last List Price3 Beds2 Baths1,236 Sq. Ft.2507 Tracy Trl, Austin, TX 78728Days on Market88 days2507 Tracy Trl, Austin, TX 78728
- $750,000 Last List Price3 Beds2.5 Baths2,128 Sq. Ft.8305 Williamson Creek Dr, Austin, TX 78736Days on Market49 days8305 Williamson Creek Dr, Austin, TX 78736
- $679,000 Last List Price3 Beds2 Baths1,982 Sq. Ft.11713 Woodland Hills Trl, Austin, TX 78732Days on Market37 days11713 Woodland Hills Trl, Austin, TX 78732
See all recently sold homes in Austin.
See listings
Austin top 10 neighborhood and home rankings
Schools in Austin
- Elementary
- Middle
- High
GreatSchools Rating
10/10 Forest Trail Elementary School Public • K-5 | 569 Students | 9 reviews |
10/10 Canyon Creek Elementary School Public • K-5 | 438 Students | 5 reviews |
10/10 Laurel Mountain Elementary School Public • K-5 | 730 Students | 10 reviews |
10/10 Elsa England Elementary School Public • PreK-5 | 1225 Students | 24 reviews |
9/10 Patsy Sommer Elementary School Public • PreK-5 | 1257 Students | 25 reviews |
Climate's impact on Austin housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Austin.
Flood Factor - Moderate
Flood Factor

Fire Factor - Moderate
Fire Factor

Wind Factor - Severe
Wind Factor

Wind likelihood over time
Heat Factor - Severe
Heat Factor

Transportation in Austin
Walk Score®
Transit Score®
Bike Score®
More Real Estate Resources for Austin
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