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Austin Housing Market: Trends and Forecast 2026-2027

January 1, 2026 by Marco Santarelli

Austin Housing Market: Trends and Forecast

The Austin housing market is showing signs of cooling, with a notable drop in closed sales and median sales price, suggesting a shifting balance towards buyers, though inventory still needs to catch up. This past November felt like a bit of a deep breath after a period of intense activity. We're not seeing the frenzied bidding wars that were commonplace just a year or two ago. Instead, things are settling into a more predictable rhythm, which, for many, is actually a good thing.

Let's dive into what the numbers are telling us, and more importantly, what it means for anyone looking to buy or sell in Austin.

Austin Housing Market Update and Trends

Home Sales: A Noticeable Slowdown

One of the most striking figures based on November 2025 data from Unlock MLS & ABoR is the 15.9% drop in closed sales, bringing the total to 1,895. This is a significant year-over-year decrease. What does this tell me? It suggests fewer homes are changing hands compared to last year. This isn't necessarily a bad sign, but it points to a market that's not as hot as it was. Buyers might have a bit more breathing room, and sellers might need to adjust their expectations.

The sales dollar volume also saw a decrease of 14.5%, totaling $1.07 billion. This aligns with the drop in closed sales, indicating that the total value of homes sold is down.

Home Prices: A Slight Dip, But Still Elevated

The median sales price for homes in the Austin-Round Rock-San Marcos MSA was $430,000 in November 2025, showing a slight decrease of 1.1% compared to the previous year. While this is a dip, it’s crucial to remember that prices are still considerably higher than they were a few years ago. This gentle decline could be interpreted as the market finding its footing rather than experiencing a crash. For buyers, this might present a more opportune moment to enter the market, possibly with less competition and slightly more negotiation power. However, it's not a buyer's free-for-all yet; prices are still firm.

Housing Supply: Signs of Improvement for Buyers

This is where things get interesting. The months of inventory rose to 6.3 months, a significant increase of 1.5 months year-over-year. For context, a balanced market typically has 4-6 months of inventory. This increase suggests that the supply of homes is growing, which is generally good news for buyers. When there are more homes available, buyers have more choices and less pressure to make rushed decisions.

On the listing side, we saw 11,926 active listings, a considerable increase of 11.2%. This means more homes are on the market and staying there longer. New listings, however, saw a slight dip of 3.1%, with 2,477 new homes hitting the market. This could indicate that while inventory is growing, the rate at which new homes are being added has slowed a bit.

Looking at pending sales, there was a 4.5% increase, with 2,269 homes under contract. This is a positive sign, showing continued buyer interest and activity, even with the overall slowdown in closed sales.

Market Trends: Shifting Towards a Buyer's Advantage (with caveats!)

Based on this data, I’d say the Austin housing market is leaning more towards a buyer's market, or at least a more balanced one, compared to the seller's dominance of previous years.

Here’s a breakdown of what I’m seeing:

  • Average Days on Market: Homes are taking longer to sell, with the average days on market now at 79 days, an increase of 13 days year-over-year. This gives buyers more time to consider their options and negotiate.
  • Average Close to List Price: The average sale price is coming in at 91.7% of the list price, down from 92.5% in November 2024. This indicates that sellers are becoming more agreeable to offers below their initial asking price, another strong indicator of a buyer’s advantage.

My take: While it's not the cutthroat seller's market of yesteryear, it’s also not a buyer's paradise where you can get houses for a song. Instead, it feels like a more rational, predictable market. Sellers need to be realistic with their pricing and presentation, and buyers have an opportunity to negotiate more effectively.

Here's a quick look at the key metrics:

Metric November 2025 Data Year-over-Year Change My Interpretation
Median Sales Price $430,000 ↓ 1.1% Slight decrease, market stabilizing.
Closed Sales 1,895 ↓ 15.9% Significant drop, fewer transactions.
Sales Dollar Volume $1.07 Billion ↓ 14.5% Reflects fewer sales and slightly lower prices.
Months of Inventory 6.3 Months ↑ 1.5 Months Growing supply, good for buyers, signs of balance.
Active Listings 11,926 ↑ 11.2% More homes available, more choice.
New Listings 2,477 ↓ 3.1% Slower pace of new homes entering the market.
Pending Sales 2,269 ↑ 4.5% Continued buyer interest and activity.
Average Days on Market 79 Days ↑ 13 Days Homes taking longer to sell, more buyer control.
Avg. Close to List Price 91.7% ↓ 0.8% (vs 92.5%) Sellers more open to offers below asking price.

Austin Home Price Forecast for 2026: Will Prices Drop?

After diving into the November 2025 data, a natural question on everyone's mind is: what’s next for Austin’s housing market? Will prices continue to dip? Will a crash be heading our way? It’s a complex picture, and a simple “yes” or “no” doesn't quite capture the nuances. My read? A significant crash is unlikely, but expect continued moderation and potential price stabilization, possibly with slight dips in some areas, rather than a widespread freefall.

The data from late 2025 paints a picture of a market that's recalibrating. We're seeing slower sales and a shift towards more inventory, which naturally puts downward pressure on prices. However, Austin’s fundamental strengths – its booming tech sector, growing population, and desirable lifestyle – are powerful counterbalances that tend to support home values.

Will Home Prices Drop in Austin in 2026?

My professional opinion is that some localized price adjustments are probable throughout 2026, but a dramatic, across-the-board price drop is less likely. Here’s why I believe this:

  • Still High Demand (Underlying): While affordability has been a challenge, Austin remains a magnet for talent and businesses. The underlying demand for housing, especially in desirable locations and for well-maintained homes, is still strong. This inherent demand acts as a floor for prices.
  • Affordability as a Constraint: The rapid price appreciation of previous years has pushed many potential buyers to the sidelines. As prices moderate, we might see some of these buyers re-enter the market, providing a stabilizing force.
  • Interest Rate Environment: While it's impossible to predict precisely, if interest rates remain elevated or only see modest decreases, this will continue to temper demand and price growth. Buyers are more sensitive to monthly payment than ever before.
  • Inventory Growth: As we saw in the November 2025 data, months of inventory are increasing. While this is good for buyers, if inventory continues to creep up substantially without a corresponding increase in demand, it could lead to more price pressure to move those homes.

So, instead of a widespread “drop,” I anticipate more of a price stabilization or potentially minor declines in less sought-after areas or for properties that are overpriced or in poor condition. The market will likely become more segmented, with well-positioned homes holding their value better than others.

Will Austin's Housing Market Crash?

A “crash” typically implies a rapid and significant decline in home values, often driven by economic collapse, overbuilding, or widespread foreclosures. I don't see the conditions for a true crash in Austin for 2026.

  • Limited Oversupply: While inventory is up, we’re not seeing a glut of new construction that hasn’t been absorbed, which was a hallmark of past market crashes.
  • Sustained Job Growth: Austin’s economy, particularly its tech sector, has shown resilience. While there might be industry-specific adjustments, the city isn't facing the kind of widespread economic devastation that would trigger mass foreclosures and a market collapse.
  • Lender Conservatism: Lending standards are generally tighter now than they were before previous major downturns, meaning fewer subprime or overly risky loans are on the books.

Instead of a crash, I foresee a market correction or normalization. This means prices might come down from their peak, but not in a way that causes widespread panic or financial distress for most homeowners. It's more about the market returning to a more sustainable growth trajectory.

Possible Forecast for End of 2026 and Early 2027

Forecasting can be a tricky business, but drawing on current trends and economic indicators, here’s what I’m thinking for the near future:

Rest of 2026:

  • Continued Buyer Negotiation Power: I expect buyers will continue to have a relatively strong position, with more options and opportunities to negotiate prices and terms.
  • Slightly Longer Selling Times: Homes will likely continue to take longer to sell on average than in the peak market years.
  • Inventory Stabilization: While inventory might still be higher than the ultra-low levels of the past, I anticipate the rapid growth we’ve seen might slow down, leading to a more stable, albeit still healthy, supply.
  • Price Trends: Median sales prices might continue to see slight year-over-year decreases or flat performance in the first half of 2026, potentially stabilizing or seeing very modest gains in the latter half as demand begins to absorb some of the increased inventory. The average close-to-list price might tick up slightly from the 91.7% mark if sellers start holding firmer on prices.

Early 2027:

  • Potential for Renewed Buyer Interest: If interest rates offer any significant relief or if the economy shows robust growth, we could see increased buyer activity.
  • Price Growth Re-emergence: This could lead to a return of modest price appreciation. It’s unlikely to be the double-digit growth seen in the past, but rather a steady, sustainable increase. Think in the low single digits (2-4%).
  • Inventory Slowly Declining: As sales pick up and new listings perhaps moderate, the months of inventory might start to tick down slightly from its peak.
  • A More Balanced Market: By early 2027, I believe the Austin market will likely settle into a more balanced state – not a strong seller’s market, but also not an overt buyer’s market. This is often considered a healthier market for long-term stability and growth.

Key Takeaways for 2026 and Early 2027:

  • Don't expect a crash. Austin's underlying economic strengths offer significant support.
  • Expect continued moderation. Prices may see slight drops or flatness in certain segments, but overall stability is more probable.
  • Buyers have leverage, but should still be prepared to act decisively on good opportunities.
  • Sellers need to be realistic with pricing and expectations.
  • The market is returning to normalcy. This is a good thing for long-term health and affordability.

The Austin housing market is a dynamic entity, influenced by national economic trends, local job growth, and interest rate fluctuations. While the days of breakneck appreciation might be behind us for now, it’s still a highly desirable place to live, and its housing market reflects that resilience. Keep an eye on these trends, and always consult with local real estate professionals for the most current and localized advice.

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Recommended Read:

  • Austin Real Estate Market Forecast 2025 to 2030
  • Is The Austin TX Housing Market in Big Trouble?
  • Will the Austin Housing Market Crash?
  • Is the Austin Housing Market Shifting? Here's What Experts Say
  • Austin House Prices Are ‘Going Back To Normal’
  • Austin Housing Market is Losing Homebuyers to Other Cities

Filed Under: Housing Market, Real Estate Market Tagged With: Austin, Housing Market

Austin vs. Raleigh: Which Tech Hub Has the Stronger Housing Market for Investors?

December 18, 2025 by Marco Santarelli

Austin vs. Raleigh: Which Tech Hub Has the Stronger Housing Market for Investors?

For years, investors chasing tech money have looked at two Sun Belt superstars: Austin, Texas, and Raleigh, North Carolina. Both cities have rocketed up the rankings for population growth, job creation, and overall “cool factor.” But if you’re putting your hard-earned capital into property, you need to know which city gives you the better investment.

Austin vs. Raleigh: Which Tech Hub Has the Stronger Housing Market for Investors?

We aren't looking for the better place to live—we are looking for the strongest financial returns. So, let’s answer the million-dollar question right upfront: Austin vs. Raleigh: Which Tech Hub Offers Stronger Real Estate Returns?

The short answer, based on current affordability and market maturity, is that Raleigh, NC, currently offers a more sustainable and less volatile path to long-term returns, while Austin, TX, remains the higher-risk, higher-reward play that requires far more precise timing.

I’ve been tracking the incredible shifts in these competitive markets for over a decade, and what I’ve seen recently suggests that the rules have changed. Austin’s massive run-up has created hurdles, while Raleigh’s measured, diversified growth keeps making it an investor darling. Let’s dive deep into the specific dynamics that make these two cities fundamentally different when it comes to stacking up profit.

The Tale of Two Texas Towns (and the Other One in NC)

When we look at both metros, we are analyzing two distinct styles of economic development. Austin is the flashy newcomer; Raleigh is the quiet anchor.

Feature Austin, TX (The Rocket) Raleigh, NC (The Anchor)
Primary Growth Driver Corporate relocations (Tesla, Samsung, Oracle), Venture Capital (VC) funding. Research Triangle Park (RTP), Universities (UNC, Duke, NC State), Biotech/Pharma.
Market Maturity Highly mature, high prices, rapidly compressed yields. Maturing rapidly, but still maintains a significant affordability gap advantage over Austin.
Population Growth Rate Explosive (Historically among the fastest in the US). Very strong and steady.
State Tax Structure No state income tax. High property taxes. State income tax. Lower property taxes (generally).
Investment Profile Appreciation heavy (Capital Gains). Balanced (Appreciation + Cash Flow potential).

The Beast Under the Bridge: The Austin Model

When I think about investing in Austin, I think about momentum. For a long time, Austin couldn't lose. The city became the premier destination for tech workers fleeing California, driving prices up at an absolutely staggering rate.

The Volatility Factor

In real estate, growth often comes with a bill, and for Austin, that bill is volatility. We saw median prices soar by 40% in a single year during the peak pandemic boom. This level of rapid appreciation is thrilling, but it dramatically increases the risk of market correction—which is exactly what we saw when interest rates climbed.

My personal analysis of Austin's growth trajectory is that it mirrors markets that rely heavily on a constant injection of VC money and “big fish” corporate moves. When the tech sector hiccups or national interest rates rise, the brakes slam harder here than almost anywhere else.

The Property Tax Headache

One major fundamental difference that impacts long-term investment returns in Austin is the property tax situation. Texas prides itself on having no state income tax, but they make up for it aggressively at the local level.

If you are a buy-and-hold investor aiming for cash flow, those constantly rising property valuations mean your tax burden rises annually, often eating away at your net operating income (NOI). In markets like Dallas or Houston, you have higher rent-to-value ratios to absorb this, but in prime Austin, yield compression is severe. Many investors are simply betting on massive appreciation, effectively turning their rental property into an asset where the income is just enough to cover the massive operating costs. That is a dangerous, appreciation-only strategy.

The Steady Hand: The Raleigh/Research Triangle Model

Now let’s look east to Raleigh, the anchor of the Research Triangle Park (RTP), which includes Durham and Chapel Hill. Raleigh is not a new contender, but it didn't get the same blinding media spotlight as Austin, and that’s a good thing for investors.

The Power of Diversification

The key to Raleigh’s resilience is its foundation. Where Austin relies heavily on IT and venture-backed startups, Raleigh’s economy is built upon three pillars:

  1. Academia: The triangle is anchored by three major research universities (UNC, Duke, NC State) that generate a constant, highly educated talent pipeline.
  2. Government: As the state capital, Raleigh has a stable base of state and federal jobs that act as a buffer during recessions.
  3. Biotech and Pharma: The RTP is one of the world's leading centers for life sciences. These companies—think major, stable employers like Pfizer and Merck—are less susceptible to the immediate cyclical downturns that plague the pure tech sector.

When the 2022 market slowdown hit, Raleigh felt the cooling effects, but its descent was far more gentle and controlled than Austin’s sharp drop. Why? Because the job market didn't panic. The pharmaceutical companies still needed scientists, and the universities still needed staff. This translates directly into more stable housing demand.

The Affordability Advantage for Investors

This is the big one. Even after years of growth, Raleigh remains significantly more affordable than Austin, particularly when you look at median home price versus median rent.

In my professional opinion, the stronger the rent-to-value ratio, the stronger the long-term investment.

While Austin’s median prices pushed into the mid-six figures long ago, Raleigh has maintained better entry points. This means:

  • Lower initial capital outlay.
  • Better potential for positive cash flow from day one (or at least much sooner).
  • A wider tenant pool, as housing remains accessible to mid-level income earners, not just highly paid tech execs.

The Critical Factors: Where Investors Need to Look Beyond Price

To truly decide which market offers stronger returns, we have to look past the superficial trends and examine the regulatory and construction environment. This is where real expertise comes in.

1. The Inventory Battle (Permitting and Supply)

When a city has incredible demand, the smart response is to build, build, build. But Austin has had a massive supply problem, worsened by local permitting delays that made it difficult for housing supply to catch up with demand. Developers, driven by high prices, eventually rushed in.

Expert Insight: Austin has experienced a significant surge in multi-family and single-family permitting. While this is necessary, rapid, large-scale supply hitting the market during a slowdown leads to oversupply issues and potential pressure on rental rates. It’s a boom-and-bust cycle.

Raleigh, while also experiencing a construction boom, has maintained a more balanced development pace. This slower pace, while sometimes frustrating for renters, is beneficial for property owners because it prevents catastrophic supply gluts that kill rental price growth.

2. Taxation and Regulation: The State Matters

A common mistake new investors make is ignoring the regulatory differences between states.

Factor Texas (Austin) North Carolina (Raleigh) Impact on Returns
Income Tax 0% State Income Tax Progressive State Income Tax TX sounds better, but NC's slightly higher state taxes often fund better infrastructure, lowering city operational costs.
Property Tax High Rates (Often 2%+) Moderate Rates (Generally below 1.2%) NC wins here for cash flow investors. Lower annual operating expenses directly boost NOI.
Landlord/Tenant Law Generally Landlord-friendly Moderate, Moving toward balance Both states are relatively fair, but local ordinances (like short-term rental rules) must be watched closely.

My opinion is clear: for the long-term rental investor prioritizing cash flow stability, North Carolina’s lower property tax burden provides a foundational competitive advantage over Austin’s structure.

3. Demographic Flow and Wage Divergence

Both cities attract highly skilled workers, but Raleigh is becoming increasingly attractive to companies due to wage arbitrage. Tech companies realize they can hire excellent engineers in Raleigh for 15-20% less than they would pay in Austin (or 30-40% less than in Silicon Valley). This allows businesses to expand aggressively without crippling payroll costs, ensuring the job machine keeps churning out new residents needing housing. This constant, slightly less expensive talent flow creates a highly stable rental demand base.

The Rubber Meets the Road: A Cash Flow Comparison

To make this tangible, let’s run a simple side-by-side calculation focusing on the cost of ownership, assuming two similar properties purchased as rentals in desirable sub-markets of each metro area. This example highlights the massive impact of property taxes on your Net Operating Income (NOI).

We will focus purely on the property tax and price differences, which are the main differentiators in annual cash flow for buy-and-hold investors.

Investment Metric Austin, TX (Approximate) Raleigh, NC (Approximate) Key Result for Investors
Purchase Price $550,000 $425,000 Raleigh requires $125k less capital.
Estimated Rent $2,800 / month $2,400 / month Austin rent is higher, but so is the price.
Effective Property Tax Rate 2.1% 1.1% This is the crucial difference.
Annual Property Tax Burden $11,550 $4,675 The silent killer of cash flow in Austin.
Annual Tax Difference N/A Saves $6,875 Raleigh investor pockets nearly $7k more annually before factoring in mortgage.
Monthly Tax Cost $962.50 $389.58 The Raleigh tax is nearly $600/month less.

Note: These figures are approximations used for comparative illustration and do not include mortgage, insurance, or maintenance costs.

What this calculation tells me, as an expert investor, is critical: Even though the Austin property rents for $400 more per month, the Raleigh investor’s annual property tax savings ($6,875) virtually wipes out that rental premium. The Raleigh property starts off with a vastly superior operational cost structure, making positive cash flow much easier to achieve and maintain, especially in the first few years.

The Rental Income Reality Check

The strongest returns are not just about sale price appreciation; they are about the total return—combining cash flow (rental income) and appreciation.

Austin's Compressed Yields

Due to the aggressive price increase, Austin’s cap rates (the ratio of Net Operating Income to property value) have plummeted. If you buy an expensive property but your rent barely covers the mortgage, insurance, and those heavy Texas property taxes, your yield is compressed, maybe even negative. You are effectively betting your entire return on the hope that someone will buy the property for even more money in five years.

Raleigh’s Cash Flow Potential

While Raleigh’s cap rates have also tightened, they are generally healthier than Austin’s, especially in secondary markets around RTP like Cary, Apex, or Durham. An investor in Raleigh has a much higher likelihood of achieving a small but reliable positive cash flow, providing a critical safety net against market dips.

I always advise investors to look for markets where you can be right two ways: through appreciation AND through cash flow. Raleigh provides a better opportunity to execute this dual strategy.

Investment Strategies for Each Market

Because these cities operate on different risk levels, your strategy needs to adapt:

Austin Strategy (High-Risk/High-Reward)

  • Target: Highly specialized niche properties (e.g., luxury rentals near Tesla Giga Factory, short-term rentals near downtown).
  • Focus: Capital preservation and appreciation, not immediate cash flow.
  • Best Play: Land speculation and new development in rapidly expanding submarkets (e.g., Leander, Georgetown) before they fully mature. Requires deep pockets and high risk tolerance.
  • Keywords to Track: Austin luxury housing supply, Central Texas commercial permitting, VC funding rounds.

Raleigh Strategy (Sustainable Growth)

  • Target: Single-family homes in established commuter corridors (e.g., close to I-40 access points) or townhomes near university campuses.
  • Focus: Balanced strategy—steady appreciation supplemented by reliable cash flow.
  • Best Play: Buying properties that appeal to the stable, highly educated workforce employed by RTP. This is the ultimate defensive position for real estate investing.
  • Keywords to Track: Raleigh-Durham biotech job growth, Wake County property tax rates, RTP employee headcount.

My Final Verdict on Returns

When comparing Austin vs. Raleigh: Which Tech Hub Offers Stronger Real Estate Returns, we must recognize that “stronger” doesn't just mean “highest peak.” It means the most consistent, resilient, and repeatable return profile.

Austin is like buying volatile tech stock; the gains can be huge, but the drops are sharp, and your entry point has to be perfect. Raleigh is like a blue-chip stock—steady, reliable, paying a decent dividend (cash flow) while slowly and surely increasing in value.

For the investor who values predictable cash flow, lower operating expenses, and resilient demand driven by diversified institutional anchors, Raleigh, NC, provides the stronger, more secure foundation for long-term real estate returns. Austin still has momentum, but its affordability crisis and tax structure mean the margin for error is razor-thin. Raleigh wins on fundamentals.

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Filed Under: Housing Market, Real Estate, Real Estate Investing Tagged With: Austin, Housing Market, Raleigh, Real Estate Investing

Austin Real Estate Market Forecast 2025 to 2030

November 21, 2025 by Marco Santarelli

Austin Real Estate Market Forecast 2025 to 2030

Remember the wild days of Austin real estate? Not too long ago, it felt like you had to offer your firstborn child and a lifetime supply of tacos just to get your foot in the door of a new home. Well, if you've been waiting on the sidelines, I've got some interesting news for you. The Austin housing market forecast from 2025 to 2030 shows a significant shift.

For 2025, the market is decisively cooling off, with home values projected to see a modest and gradual decline into 2026. This is a much-needed deep breath for a market that's been sprinting for years, and it's creating new opportunities for buyers who thought they were priced out forever.

For years, I've been analyzing real estate trends, and the whiplash we've seen in Austin is something special. We went from an extreme seller's market to a more balanced, and now arguably, a buyer-friendly environment. It's a correction, not a crash, but it's changing the rules of the game. Let’s dive into what’s happening right now and what we can expect in the coming years.

Austin's Current Housing Market Trends: A Snapshot of 2025

To understand where we're going, we first need to know where we are. The story of the Austin housing market in 2025 is a story told by numbers—and these numbers from Zillow paint a very different picture than they did in 2021 or 2022.

The Big Picture: What the Numbers are Telling Us

Let's break down the key stats as of late 2025. I've put them in a simple table so you can see everything at a glance.

Market Indicator Current Data (Late 2025) What This Means for You
Average Austin Home Value $428,390 Down 5.9% from last year, showing prices are softening.
Total Homes for Sale 15,222 A healthy amount of housing inventory gives buyers more choices.
New Listings This Month 2,579 New homes are still coming on the market, but not at a frantic pace.
Median Sale Price $465,417 This is the middle-ground price homes are actually selling for.
Median List Price $495,296 What sellers are asking for. Notice it's higher than the sale price.
Sale-to-List Ratio 97.8% Homes are selling for about 2.2% below the asking price on average.
% of Sales Over List Price 11.5% Only a small fraction of homes are getting into bidding wars.
% of Sales Under List Price 72.2% The vast majority of sellers are having to negotiate down.
Days to Pending 67 Days It’s taking over two months for a home to go under contract.

Source: Zillow

The most telling numbers here are the ones that show the power shifting. When over 72% of homes sell for less than the asking price and it takes two months to sell, sellers can no longer name any price they want. The days of 20 offers in a weekend are, for now, behind us.

Is It a Buyer's or Seller's Housing Market in Austin?

Based on this data, I can confidently say that Austin is currently a buyer's housing market. Here’s why:

  • High Housing Inventory: With over 15,000 homes for sale, you have choices. You don't have to rush into a decision.
  • More Time: Homes sitting on the market for 67 days means you have time to think, inspect, and negotiate without the intense pressure of it being sold out from under you in 24 hours.
  • Negotiating Power: The sale-to-list ratio being under 100% is your golden ticket. It shows that sellers are willing to come down on their price to make a deal. Buyers can ask for repairs, closing cost contributions, and other concessions that were unheard of a few years ago.

From my experience, this is the healthiest the market has been for buyers in a long time. It’s no longer a frenzy; it’s a more thoughtful, deliberate process.

What's Driving These Changes?

So, what caused this dramatic cooldown? It's a combination of a few key factors:

  1. Mortgage Rates: This is the big one. While rates have fluctuated, they are significantly higher than the rock-bottom levels of the pandemic era. Higher rates mean higher monthly payments, which reduces what buyers can afford. This has naturally cooled down demand.
  2. Increased Housing Supply: For years, Austin was chronically undersupplied with homes. But a boom in construction and more sellers deciding to cash out has finally increased the housing inventory. More supply + steady demand = stable or lower prices.
  3. Return to Normalcy: The massive “work-from-home” migration that supercharged Austin's market has slowed. While people are still moving here, the explosive, panicked rush has settled down.

Here’s a comparison table showing how mortgage rates have shifted from the pandemic era to today—highlighting the affordability squeeze buyers now face.

Time Period 30-Year Fixed Rate (Avg.) Monthly Payment on $400K Loan Buyer Impact
2020 (Pandemic Low) 2.65% ~$1,612 Exceptionally low rates boosted affordability and demand.
2022 (Rate Spike) 6.90% ~$2,636 Sharp rise in rates shocked the market, cooling activity.
Mid-2023 6.70% ~$2,580 Rates remained elevated; affordability stayed tight.
November 2025 6.16% ~$2,438 Slight relief, but still far from pandemic-era lows.

Key Insight: Even with recent easing, today’s rates are more than double the 2020 lows—translating to over $800 more per month on a typical $400K loan. That affordability gap continues to suppress buyer demand and delay purchase decisions. Let’s explore what the future holds by diving into the newest Austin housing market forecast.

Austin Real Estate Market Forecast 2025 to 2030

Alright, let's get out the crystal ball. While nobody can predict the future with 100% accuracy, we can use data and trends to make a very educated guess about the Austin housing market forecast.

The Short-Term Forecast: Late 2025 into 2026

Zillow provides some interesting forecasts for metropolitan areas, and their projections for Austin confirm the cooling trend. I’ve simplified their data into a table that’s easy to understand. This shows the predicted change in home values from the baseline in September 2025.

Texas City Forecast by Oct 2025 Forecast by Dec 2025 1-Year Forecast (by Sep 2026)
Austin, TX -0.3% -1.4% -1.8%
Dallas, TX -0.1% -0.5% +0.2%
Houston, TX 0.0% 0.0% +0.4%
San Antonio, TX -0.1% -0.4% -0.8%
Killeen, TX -0.1% -0.3% +1.0%
McAllen, TX +0.2% +0.5% +2.9%
El Paso, TX +0.1% +0.4% +2.9%

Here's what this tells us:

  • Austin's Correction is Real: The forecast predicts a continued, gentle decline in home prices through the end of 2025 and into 2026, totaling a drop of nearly 2%. This isn't a massive drop, but it's a clear signal that the market is rebalancing.
  • Austin is Cooling Faster: Compared to other major Texas cities like Dallas and Houston (which are forecast to be flat or slightly positive), Austin is seeing a more noticeable dip. In my opinion, this makes perfect sense. Austin had the most explosive price growth, so it naturally has the most room to correct. Markets that didn't fly quite so high, like Houston, don't need to come back down to earth as much.

Will Austin Home Prices Drop? And Could the Market Crash?

Let’s tackle this head-on. Yes, the forecast shows that home prices in Austin are expected to drop slightly. But will the market crash? I believe the answer is a firm no.

A market crash, like we saw in 2008, involves a rapid, deep drop in home values, often 20-30% or more, accompanied by widespread foreclosures. What we are seeing in the Austin housing market forecast is a correction. It's a slow, controlled release of pressure. A -1.8% drop over a year is a minor adjustment, not a catastrophe.

Several factors are protecting Austin from a crash:

  • A strong and diverse job market (especially in tech).
  • Continued, albeit slower, population growth.
  • Stricter lending standards than in the pre-2008 era, meaning fewer homeowners are at risk of foreclosure.

Austin's Housing Outlook for 2026 to 2030

This is where we move from hard data to expert projection. Based on the current trends and economic fundamentals, here is my personal take on the Austin housing market forecast 2025 to 2030.

  • 2026-2027: The Stabilization Phase. I expect the price correction to bottom out sometime in 2026. After that, we'll likely enter a period of stabilization where home prices remain relatively flat or grow very modestly, perhaps in the 1-3% range annually. The market will feel much more balanced, with neither buyers nor sellers having a huge advantage. Housing inventory will likely remain healthy.
  • 2028-2030: The New Normal. By this period, I predict the Austin market will have settled into a more sustainable, long-term growth pattern. The days of 20%+ annual appreciation are over. Instead, we should see a return to a healthier 3-5% annual growth in home values. This is a good thing! It allows wages to catch up, prevents the market from overheating, and builds a more stable foundation for the future. The health of the tech sector and the city's ability to keep up with infrastructure will be the key drivers during this time.

Final Thoughts: What This Means for You

So, what's the bottom line? The Austin housing market is finally calming down.

  • For Buyers: This is your window. With more inventory, less competition, and negotiating power, 2025 and 2026 could be the best time to buy a home in Austin in nearly a decade. Don't try to time the absolute bottom of the market perfectly; focus on finding a home you love at a price you can afford.
  • For Sellers: You need to be realistic. Price your home competitively from the start, make sure it's in top condition, and be prepared to negotiate. Your home will sell, but it will take more time and strategy than it did a few years ago.

The Austin market isn't collapsing; it's maturing. This shift towards a more balanced and predictable market is a positive development for the long-term health of our city. It’s a market you can navigate with a smart strategy instead of just a lucky bid.

This vibrant Texas city stands at a pivotal moment in its real estate journey, and while predicting the future has its uncertainties, being prepared and aware of market indicators provides a strategic advantage. Austin's blend of cultural richness, burgeoning tech environments, and natural beauty ensures it will remain a coveted location for many seeking a fresh start.

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Recommended Read:

  • Austin Housing Market: Prices, Trends, Forecast
  • Is The Austin TX Housing Market in Big Trouble?
  • Is the Austin Housing Market Shifting? Here's What Experts Say
  • Will the Austin Housing Market Crash in 2024?
  • Austin House Prices Are ‘Going Back To Normal’
  • Austin Housing Market is Losing Homebuyers to Other Cities

Filed Under: Housing Market, Real Estate Market Tagged With: Austin, Austin Real Estate Market Forecast, Housing Market

Austin Housing Market Transforms: From Bidding Wars to Buyer Bargains

October 15, 2025 by Marco Santarelli

Austin Housing Market Transforms: From Bidding Wars to Buyer Bargains

Austin, Texas, once the undeniable champion of the pandemic housing frenzy, has dramatically shifted its gears, transforming from a seller’s dream into a genuine buyer’s market. This isn't just a small change; it's a complete turnaround where homes are now lingering on the market, prices have softened from their crazy highs, and for the first time in what feels like forever, ordinary folks have a real shot at snagging a piece of Austin without having to sell a kidney.

Austin Housing Market Transforms: From Bidding Wars to Buyer Bargains

I’ve been following the Austin real estate scene for years, and honestly, what we’re seeing now is a refreshing change from the wild days of just a couple of years ago. The days of back-to-back bidding wars and homes selling faster than you could say “Austin” are, thankfully, behind us. According to Realtor.com's report, the national housing market is finally reaching a point of balance with five months of housing supply, a summer milestone we haven't seen in nearly a decade. Austin is right there with it, and in some cases, even leading the charge in this comeback for buyers. It’s a stark reminder that the real estate market is always in motion, and Austin’s story is a perfect example of that pendulum swinging back.

The Boom That Changed Everything: How Austin Got So Hot

It’s hard to believe it now, but not too long ago, Austin was the place everyone wanted to be. The pandemic really kicked things into high gear. With so many people able to work from anywhere, they looked at pricey cities like New York and California and thought, “Why stay here when I can get more bang for my buck somewhere else?” Texas cities, and Austin in particular, became the shining beacon. Not only did Texas boast no state income tax (a huge plus!), but Austin also had a special sauce that other Texas cities couldn't quite replicate.

Sure, other places have strong economies, often driven by oil, gas, or finance industry. But Austin had a thriving tech and startup scene, supercharged by the talent coming out of the University of Texas at Austin. Big names like Apple, Google, Meta, and Amazon were not just looking at Austin for its talent pool but also for its unique vibe. Beyond the jobs and the money, Austin offered this cool, quirky, creative spirit, amazing live music, and a food scene that was, frankly, legendary. It was a potent mix that drew people in like magnets.

From Rapid Expansion to a Welcome Cooling

This massive influx of well-paid workers and big companies meant Austin had to grow, and it grew fast. Homes were built, roads were widened, and everything was geared towards accommodating the ever-increasing population. The problem was, the building momentum, once started, kept going even as the pace of new residents started to slow down.

Right now, we’re seeing the results of that sustained growth meeting a more balanced demand. According to Realtor.com data, Austin now has about 7.1 months of inventory. To put that in perspective, a healthy market usually has between four to six months of supply. More than that, and you start leaning into a buyer's market. This is up significantly from last year, and it means there are simply more homes available for people to choose from.

In fact, active listings in Austin are up 20.1% compared to this time last year. That’s a huge jump, and it means that homes are staying on the market longer. Buyers aren’t feeling the pressure to instantly decide; they can actually take their time, compare options, and negotiate. This increase in inventory is thanks to a combination of continued population growth (though at a saner pace) and all that new construction finally hitting the market.

Prices Are Coming Down: A Real Win for Buyers

This is the part that probably gets most potential buyers excited: prices are retreating. Since August 2022, Austin’s median list price has dropped by a solid 13.2%. More recently, the price per square foot is down 3.5% year over year. For anyone who was priced out during the boom, this is incredibly good news. It means those dreams of owning a home in Austin are starting to feel a lot more realistic again.

The affordability score for the Austin metro area has climbed. In June 2025, it reached 0.60, up from 0.51 a year prior. While the median listing price is still sitting around $499,000—a bit higher than the national median of $429,990—the trend is heading in the right direction. This improvement is fueled by those falling prices.

Even specific counties are seeing the effects. Travis County, the heart of Austin, saw its affordability jump significantly, helped by a 6.7% drop in listing prices. Williamson County also saw an improvement, with prices down 3.5%.

New construction is playing a massive role here. It’s not just adding to the housing supply; it’s actually making homes more affordable. In Austin, nearly a quarter ( 24.2%) of all homes for sale are newly built. What’s really interesting is that these new homes are currently listed at a 7.2% discount compared to existing homes. Nationally, new builds usually cost more, so this is a unique advantage Austin buyers can take.

The Luxury Market: Still Fancy, But a Little Cooler

Even the high-end market is showing signs of change, though in a more subtle way. The 90th percentile listing price in Austin is around $1.32 million, which is actually higher than the national benchmark. However, the number of million-dollar listings is down 1.7% year over year, which is a much slower pace than the national increase. Luxury homes are also taking a bit longer to sell, with a 4.4% increase in the median days on market compared to last year. You can still find impressive properties, especially in desirable ZIP codes like 78746 (Westlake Hills) and 78733 (Lake Austin), but even there, the fever pitch has cooled a little.

Hottest Neighborhoods and Shifting Trends

When we look at specific areas, ZIP 78739 (Circle C and Shady Hollow) was the hottest spot in the first half of 2025, with a median listing price of $829,450. Homes here still sold relatively quickly, about three weeks faster than the national average. On the flip side, areas like ZIP 78616 (Dale) saw less attention, and ZIP 76527 (Florence) had homes sitting on the market for an average of 133 days. What’s fascinating is how much buyer interest can vary, with some western ZIP codes seeing 39% above the national norm for property views, while some eastern areas were at just 12%.

Even Renters Have the Upper Hand

It’s not just buyers who are seeing positive changes; renters are too! As of July 2025, the median rent for apartments in Austin is $1,460. This is actually 5.3% lower than last year and significantly below the national median of $1,712. This makes renting a much more attractive option, especially since buying a starter home in Austin still costs about $1,683 more per month than renting.

Who's Moving Where?

Data on online search behavior gives us an interesting glimpse into the move patterns. While 39.9% of people looking for homes in Austin are locals, a significant portion still comes from other parts of Texas (32%) and out-of-state (25.5%). Dallas is the top city generating interest, followed by Chicago and San Antonio. Interestingly, about 59% of Austin residents are searching for homes outside their metro area, with San Antonio, Dallas, and Houston being popular choices. Miami and Denver are also drawing attention from Austinites looking to move.

The Bottom Line: It's an Excellent Time to Be a Buyer in Austin

After what felt like an endlesssellers' market, Austin is finally offering buyers what they’ve been craving: leverage. With more homes available, prices moving in a more favorable direction, and affordability improving, it’s an opportune moment to revisit those Austin neighborhoods or home styles that might have seemed completely out of reach just a year or two ago. If you’ve been dreaming of Austin, now might just be your chance to make it happen.

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Want to Know More About the Austin Housing Market?

Explore these related articles for even more insights:

  • Austin Housing Market: Trends and Forecast 2025-2026
  • Austin Real Estate Market Forecast 2025 to 2030
  • Is The Austin TX Housing Market in Big Trouble?
  • Will the Austin Housing Market Crash?
  • Is the Austin Housing Market Shifting? Here's What Experts Say
  • Austin House Prices Are ‘Going Back To Normal’
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Filed Under: Housing Market, Real Estate Market Tagged With: Austin, Housing Market

Is The Austin TX Housing Market in Big Trouble?

November 30, 2024 by Marco Santarelli

Is The Austin TX Housing Market in Big Trouble?

The once-sizzling Austin, Texas housing market is experiencing a period of significant correction, raising questions about its future trajectory. This article delves deeper into the current situation, exploring the data and local factors shaping this shift.

Is The Austin TX Housing Market in Big Trouble?

A Glut of Inventory Dampens Prices

The most striking change is the dramatic increase in housing inventory. Compared to a mere five years ago, there's a staggering 26% jump in available homes, with a further 24% increase over the last year alone. This stands in stark contrast to the national trend, where inventory has shrunk by double-digits year-over-year.

The consequence? Home prices, once on a seemingly neverending upward climb, are feeling the pressure. They've dropped by 4.1% year-over-year and a concerning 19.5% compared to the peak of 2022. While this might seem alarming, it's important to consider the long-term perspective. Austin prices are still 38.8% higher than March 2020, indicating long-term growth despite the recent correction.

Price Cuts Become the New Normal

Adding to the story are the high number of price reductions. A significant portion of homes in Austin, currently a whopping 48%, have undergone price cuts, a figure considerably higher than the national average of 33%. This trend has been steadily climbing, with past years showing much lower percentages of price reductions.

A Surge in New Listings Fuels the Inventory Fire

Another factor contributing to the market shift is the unprecedented rate of new listings hitting the market. Over the past five years, Austin has seen a staggering 133% increase in new listings, compared to a national decrease. This trend continues with significant increases over shorter periods as well.

A Tale of Two Cities: Austin Diverges from National Trends

The national housing market grapples with low inventory, presenting a stark contrast to the situation in Austin. Inventory levels have skyrocketed by a staggering 342% in just the last two years, compared to a national drop of 22%. This dramatic discrepancy highlights the unique challenges Austin faces.

Beyond Inventory: Local Factors Cloud the Forecast

The story doesn't end with inventory. The Austin market is also contending with specific local factors that add pressure. The surge in new home construction, with 474 new communities boasting over 6,200 new houses for sale, further contributes to the inventory glut. Many of these new builds are resorting to price cuts, further exacerbating the issue.

Adding another layer of complexity are the recent Tesla layoffs in Austin. With nearly 2,700 workers potentially needing to relocate, the market could see an influx of houses for sale, putting additional downward pressure on prices. This could lead to a flight of some buyers who may be wary of a saturated market.

Affordability: A Double-Edged Sword

For years, affordability has been a major concern for Austin residents. The recent price drops might be seen as a welcome sign, offering a potential entry point for some buyers. However, rising interest rates coupled with overall inflation could dampen overall affordability. It's crucial to consider the entire financial picture before making a purchase.

The Tech Industry: A Wild Card

Austin's economy has been heavily driven by the tech industry's boom. While the tech sector is still a major player, recent concerns about a potential tech recession could cast a shadow on the housing market. A slowdown in tech hiring or job cuts could further impact buyer demand.

Navigating the New Landscape: A Time for Careful Consideration

The Austin housing market is undoubtedly in a period of transition. While some may view the current situation as a buying opportunity, potential buyers and investors should exercise caution. Careful consideration of these trends and a thorough understanding of the local market, including potential job market fluctuations and interest rate movements, are crucial before making any real estate decisions.

It's also important to remember that Austin's long-term economic fundamentals remain strong. Whether this is a temporary correction or a sign of a more significant shift remains to be seen. Those considering entering the Austin market should seek the guidance of experienced local real estate professionals to navigate this evolving landscape.

Recommended Read:

  • Austin Housing Market 2024: Trends and Predictions
  • Is the Austin Housing Market Shifting?
  • Will the Austin Housing Market Crash in 2024?
  • Austin Housing Market is Losing Homebuyers to Other Cities

Filed Under: Housing Market Tagged With: Austin, Housing Market, Texas

Is the Austin Housing Market Shifting? Here’s What Experts Say

May 16, 2024 by Marco Santarelli

Austin Housing Market Cools: Will It Be a Buyer's Market in 2024?

The Austin housing market, once a beacon of frenzied activity and skyrocketing prices, is now experiencing a notable shift. Prices dip, inventory rises – is it a buyer's market now? From the dizzying highs of the pandemic era to a more tempered landscape, let's explore into the dynamics shaping Austin's real estate market in 2024. Here are the latest trends in the Austin housing market.

Austin's Pandemic Boom

According to a report published on Yahoo Finance. during the COVID-19 pandemic, Austin experienced a remarkable surge in home prices, driven by an influx of remote workers seeking space, affordability, and, in Texas' case, tax advantages. The average home price in the Texas capital soared by $170,000, leading to a scenario where some buyers were offering staggering sums over asking prices. This surge in demand, coupled with limited inventory, propelled Austin's real estate market to unprecedented levels of growth.

However, as the pandemic wanes and economic dynamics evolve, the once red-hot Austin housing market is now witnessing significant corrections. According to Realtor.com, the median price per square foot has declined by 9.5% from its pandemic peak, signaling a shift in momentum. As mortgage rates rise, new construction enters the market, and some out-of-towners depart, the fervor that characterized Austin's housing boom is gradually subsiding.

Factors Driving the Change in the Austin Housing Market

Several factors contribute to the evolving landscape of Austin's real estate market. The influx of remote workers and tech employees, attracted by Austin's burgeoning tech scene and favorable tax environment, played a pivotal role in driving up home prices. However, as the initial wave of migration subsides and housing inventory increases, the dynamics are undergoing a recalibration.

Population estimates from the US Census Bureau reveal the rapid pace at which Austin's metro area expanded during the pandemic. However, recent data indicates a slowdown in population growth, with Travis County experiencing negative net migration between 2022 and 2023. While the exact reasons behind this shift are multifaceted, it suggests a nuanced interplay between economic factors and lifestyle preferences.

While new construction endeavors sought to bridge the inventory gap, they proved insufficient to meet the surging demand. Consequently, the average home price in Austin surged from $420,000 in 2020 to $590,000 in 2022, underscoring the imbalance between supply and demand.

The current state of Austin's housing market reflects a period of transition. While inventory levels have increased, the market remains tilted towards sellers, with a current inventory of 3.8 months. However, this represents a departure from the frenetic pace witnessed during the peak of the pandemic, signaling a gradual return to equilibrium.

The shifts in Austin's housing market are not uniform across all neighborhoods. While some areas experience significant price corrections, others maintain resilience, buoyed by factors such as proximity to urban centers and amenities. For instance, Round Rock, located just north of Austin, witnessed a softening of prices but remains above pre-pandemic levels.

Buyer behavior is also evolving in response to changing market conditions. The days of frenzied bidding wars and rushed purchases are giving way to a more deliberative approach. Homes are staying on the market longer, with some properties lingering for up to two months if not priced competitively. This shift underscores a broader trend towards market stabilization and increased buyer discretion.

In summary, Austin's once red-hot housing market is shifting gears. After a period of explosive growth, a sense of equilibrium is emerging. While numerous factors contribute to this change, the underlying story is one of a maturing market. This translates to more stability and long-term sustainability for Austin's housing scene.

Filed Under: Housing Market Tagged With: Austin, Housing Market, Texas

Austin House Prices Are ‘Going Back To Normal’

April 18, 2024 by Marco Santarelli

Austin House Prices Are ‘Going Back To Normal’

The housing market in Austin, Texas underwent a significant shift during the COVID-19 pandemic, with a surge in demand driving housing prices to unprecedented levels. Companies like Google and Amazon announced expansions in the area, drawing in professionals seeking new opportunities. The result was a frenzy of home purchases and rentals, as people sought to capitalize on low interest rates and the desire for more space.

According to Brad Pauly, a real estate broker at Pauly Presley Realty, the appeal of homeownership soared as individuals looked to transition from apartments to homes with yards. The city saw staggering numbers of offers on properties, with bidding wars often driving prices well above asking.

The Decline in Austin Home Prices

The latest data from Realtor.com reveals a decline in housing prices across the Austin metropolitan area, with the median list price dropping by 6.1% over the past two years, reaching $542,000 in February. Monthly rents also saw a decrease of 4.4% year over year, settling at a median of $1,530.

Different neighborhoods experienced varying degrees of price adjustments, with areas like the west side and suburban outskirts witnessing significant declines. For instance, the 78748 ZIP code saw median list prices decrease by 20.4% from the peak in the second quarter of 2022 to February 2024.

Future Outlook

Despite the recent price drops, experts remain optimistic about the Austin housing market. While prices have fallen from their peak, they still reflect a notable increase compared to pre-pandemic levels. Well-priced homes in good condition continue to attract multiple offers, indicating ongoing demand in certain segments of the market.

Looking ahead, the expectation is that a decrease in mortgage rates could stimulate further home sales. However, Stephanie Douglass suggests that prices are unlikely to decline significantly beyond their current levels. Instead, the market appears to be returning to a more sustainable state, where homes are once again within reach for the average salaried employee.

Understanding the Shift in Austin’s Housing Market: Affected Neighborhoods:

The recent adjustments in Austin's housing market have not only impacted individual homeowners but also investors seeking opportunities in the real estate sector. To gauge the extent of price fluctuations, we delved into Realtor.com's data on median home list prices across various ZIP codes in Austin, encompassing both the city and its surrounding suburbs.

Comparing Price Per Square Foot

By analyzing the price per square foot, we can effectively compare homes of similar sizes and gain insights into how different neighborhoods have fared over time. This method allows for a more accurate assessment of price trends, especially in areas where larger luxury homes coexist with more modest dwellings.

Notable Declines in Price

Here are some of the ZIP codes that have witnessed significant decreases in price per square foot:

1. 78733 ZIP code – Barton Creek

– Median list price: $1.75 million
– Maximum median list price per square foot in Q2 2022: $717
– Median list price per square foot in February 2024: $518
– Percentage change in price per square foot: -27.7%

Located in northwestern Austin, the Barton Creek neighborhood is renowned for its spacious luxury homes, often featuring expansive yards and swimming pools. During the pandemic, this area attracted affluent buyers from coastal regions, drawn by the allure of the Colorado River.

2. 78612 ZIP code – Bastrop

– Median list price in February 2024: $572,245
– Maximum median list price per square foot in Q2 2022: $308
– Median list price per square foot in February 2024: $230
– Percentage change in price per square foot: -25.4%

Situated approximately 40 minutes southeast of downtown Austin, Bastrop emerged as a sought-after destination during the pandemic. Builders responded to heightened demand by constructing numerous homes across various price points. However, increased supply, coupled with rising mortgage rates, likely contributed to the decline in prices.

3. 78754 ZIP code – Windsor Hills

– Median list price: $408,500
– Maximum median list price per square foot in Q2 2022: $272
– Median list price per square foot in February 2024: $205
– Percentage change in price per square foot: -24.5%

Windsor Hills, located in the northeastern part of Austin, appeals to buyers with its affordable housing options. Close proximity to downtown, combined with lower property prices, attracted many first-time homebuyers to this area. The presence of active builders further contributed to the availability of housing stock.

4. 78652 ZIP code – Manchaca

– Median list price: $596,250
– Maximum median list price per square foot in Q2 2022: $376
– Median list price per square foot in February 2024: $288
– Percentage change in price per square foot: -23.3%

Manchaca, a suburb southwest of downtown Austin, offers affordability and amenities such as parks and lower property taxes. The allure of new construction projects has drawn buyers to this area, resulting in a dynamic real estate market.

5. 78704 ZIP code – Travis Heights, Bouldin Creek

– Median list price: $997,000
– Maximum median list price per square foot in Q2 2022: $796
– Median list price per square foot in February 2024: $618
– Percentage change in price per square foot: -22.3%

Travis Heights and Bouldin Creek, located in the vibrant heart of Austin, experienced a surge in demand during the pandemic. However, as mortgage rates rose, the market cooled down, leading to a decline in prices.

In summary, these neighborhoods offer insights into the evolving dynamics of Austin's housing market. While prices have retreated from their peak levels, these areas remain attractive to buyers seeking a balance between affordability and amenities. As the market continues to adjust, opportunities abound for investors and homeowners alike to make informed decisions.

While the recent decline in Austin's housing prices may seem like cause for concern, it is viewed by experts as a natural correction rather than a crash. As the market stabilizes, opportunities for buyers to enter the market and find affordable homes are expected to increase, particularly in neighborhoods that have experienced more significant price adjustments.

Filed Under: Housing Market Tagged With: Austin, Housing Market

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