The Downtown Austin housing market is not very competitive. The median sale price of a home in Downtown Austin was $675K last month, down 12.3% since last year. The median sale price per square foot in Downtown Austin is $785, up 1.6% since last year.
What is the housing market like in Downtown Austin today?
In January 2025, Downtown Austin home prices were down 12.3% compared to last year, selling for a median price of $675K. On average, homes in Downtown Austin sell after 129 days on the market compared to 110 days last year. There were 43 homes sold in January this year, up from 28 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$675,000
-12.3% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
Downtown Austin, TX
$675,000
-12.3%
United States
To compare other locations to the Downtown 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.
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How hot is the Downtown Austin housing market?
Downtown Austin is not very competitive. Homes sell in 120 days.
0
100
11
Not Very 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
Multiple offers are rare.
The average homes sell for about 4% below list price and go pending in around 120 days.
Hot homes
can sell for about 2% below list price and go pending in around 66 days.
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
Downtown Austin, TX
95.8%
+2.5 pt
United States
Schools in Downtown Austin
Learn about schools in the Downtown Austin area
Elementary
Middle
High
GreatSchools Rating
5/10
Sanchez Elementary School
Public • PreK-5
218
Students
4 reviews
NR
Austin St Hospital
Public • 5-12
15
Students
N/A
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Downtown Austin housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Downtown Austin.
Flood Factor - Minor
28% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown Austin has a minor risk of flooding. 221 properties in Downtown Austin are likely to be
severely affected
by flooding over the next 30 years. This represents 28% of all properties in Downtown Austin. Flood risk is increasing slower than the national average.
2% of properties are at risk of wildfire over the next 30 years
Fire Factor
Downtown Austin has a minor risk of wildfire. There are 26 properties in Downtown Austin that have some risk of being affected by wildfire over the next 30 years. This represents 2% of all properties in Downtown Austin.
99% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
Downtown Austin has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Downtown Austin is most at risk from hurricanes. 1,286 properties in Downtown 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 99 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 106 mph.
100% of properties are at severe
risk of heat over the next 30 years
Heat Factor
Downtown Austin has a severe risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Downtown Austin have a Severe Heat Factor®.
Downtown Austin is expected to see a 257% increase in the number of days over 108ºF over the next 30 years. Downtown Austin is expected to experience 10