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 $318, down 8.2% 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 48 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 50 days.
- Hot homescan sell for around list price and go pending in around 29 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 27 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|5 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|6 Weeks Ago~$950K OfferSold for $1M4 bd | 3 ba | ~2,250 sqftOver List Price6%Days on Market12Competing Offers10Down Payment~20%
- Offer Not Accepted|10 Weeks Ago~$350K OfferSold for $375K3 bd | 2.5 ba | ~2,000 sqftUnder List Price5%Days on Market36Competing Offers2OfferAll Cash
- Offer Not Accepted|11 Weeks Ago~$850K OfferSold for $900K5 bd | 4 ba | ~3,000 sqftUnder List Price9%Days on Market25Competing Offers1Down Payment~40%
View houses in Austin that sold recently
Recently sold homes
- $545,000 Last List Price1 Bed1 Bath565 Sq. Ft.300 Bowie St #2604, Austin, TX 78703Days on Market21 days300 Bowie St #2604, Austin, TX 78703
- $955,900 Last List Price4 Beds3.5 Baths2,999 Sq. Ft.8408 Hillock Trce, Austin, TX 78744Days on Market237 days8408 Hillock Trce, Austin, TX 78744
- $720,000 Last List Price4 Beds3.5 Baths2,701 Sq. Ft.5820 Harper Park Dr #4, Austin, TX 78735Days on Market49 days5820 Harper Park Dr #4, Austin, TX 78735
- $2,100,000 Last List Price2 Beds2 Baths1,408 Sq. Ft.301 West Ave #4807, Austin, TX 78701Days on Market70 days301 West Ave #4807, Austin, TX 78701
- $649,900 Last List Price1 Bed1 Bath704 Sq. Ft.300 Bowie St #1204, Austin, TX 78703Days on Market29 days300 Bowie St #1204, Austin, TX 78703
- $1,499,000 Last List Price4 Beds3 Baths2,529 Sq. Ft.4910 Duval St, Austin, TX 78751Days on Market36 days4910 Duval St, Austin, TX 78751
- $3,200,000 Last List Price4 Beds3.5 Baths4,912 Sq. Ft.5905 Spanish Oaks Club Blvd, Austin, TX 78738Days on Market43 days5905 Spanish Oaks Club Blvd, Austin, TX 78738
- $660,412 Last List Price4 Beds3.5 Baths2,610 Sq. Ft.8113 Donnie Junction Way, Austin, TX 78744Days on Market661 days8113 Donnie Junction Way, Austin, TX 78744
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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