Is Austin, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2021
At the same time last year, Austin was a Seller's Market.
Key Takeaway
Austin is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
How much do homes in Austin, TX cost?
Median Sold Price
$599,823
$376/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2021
+$64,035(+12.0%)
Key Takeaway
Homes in Austin have sold for 12% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Nov 2021 | Nov 2022 | % |
|---|---|---|---|
| 1 Bedroom | $290.5K | $349.8K | +20.4% |
| 2 Bedrooms | $432.3K | $486.8K | +12.6% |
| 3 Bedrooms | $525.5K | $579.8K | +10.3% |
| 4 Bedrooms | $687.1K | $749.9K | +9.1% |
| 5+ Bedrooms | $965.4K | $1.0M | +11.9% |
Median Sold Price Compared To Nearby Cities
| Sunset Valley | $980K | $1.2M | +29.7% |
| Austin | $535.7K | $599.8K | +12.0% |
| West Lake Hills | $2.3M | $2.2M | -6.2%  |
How many homes are available in Austin, TX?
Number of Homes For Sale
| Oct 2022 | Nov 2022 | % |
|---|---|---|
| 3,154 | 3,143 | -0.3% |
Homes For Sale By Bedroom Count
| # BEDS | Oct 2022 | Nov 2022 | % |
|---|---|---|---|
| 1 Bedroom | 142 | 147 | +3.5%  |
| 2 Bedrooms | 517 | 517 | 0.0% |
| 3 Bedrooms | 1,472 | 1,473 | 0.1% |
| 4 Bedrooms | 842 | 834 | -1.0%  |
| 5+ Bedrooms | 181 | 172 | -5.0% |
Number of Homes Sold
| Oct 2022 | Nov 2022 | % |
|---|---|---|
| 550 | 425 | -22.7% |
Asking Price vs. Sold Price
302 Homes Were Sold
Under Asking
67 Homes Were Sold
At Asking
55 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Austin, you may be able to get a good deal. 71.2% of homes here sold below asking price last month.
Average Sale Time
| Nov 2021 | Nov 2022 | % |
|---|---|---|
| 19 Days | 43 Days | +121.0% |
Breakdown of Home Sale Times
194 Homes Were Sold
Under 30 Days
176 Homes Were Sold
In 30 - 90 Days
54 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Austin are selling fast, if you're buying plan to act quickly.
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS)®. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price. 
Disclaimer: Certain information contained herein is derived from information which is the property of, and copyrighted by, Houston Realtors Information Service, Inc. The listing information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Copyright© 2022 Houston Realtors Information Service, Inc. All rights reserved.
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the San Antonio Board of Realtors. Real estate listings held by brokerage firms are indicated by detailed information about them such as the name of the listing firms. © 2022 San Antonio Board of Realtors®. All Rights Reserved. 
©2022 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.