Is Austin, TX 78715 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Austin is a buyer’s market. With about 9.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply9.6Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list98.3%Sold price ÷ list price
Median days on market27Listing to accepted offer
Median price per sq ft$233

The Austin housing market right now

In the three months ending August 31, 2026, 0% of homes in Austin, TX 78715 sold above their list price, the typical home went under contract in 27 days and there were 9.6 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.

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Questions about Austin real estate

Is Austin a buyer’s or seller’s market?

A buyer’s market: there were 9.6 months of supply in Austin, TX 78715 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Austin?

The typical home went under contract in 27 days in the latest three months.

Do homes in Austin sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 98.3% of the list price.

What is the median home price in Austin?

The median sale price was $442,309 in the three months ending August 31, 2026, about $233 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology