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Is Austin, TX 78719 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 12.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply12.8Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list72.1%Sold price ÷ list price
Median days on market27Listing to accepted offer
Median price per sq ft$321▲ +67.0% vs. last year

The Austin housing market right now

In the three months ending August 31, 2026, 0% of homes in Austin, TX 78719 sold above their list price, the typical home went under contract in 27 days and there were 12.8 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.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (131 days then) and the median sale price rose 129% to $864,626. Overall, Austin is more competitive than a year ago, so tougher for buyers.

Within Travis County, homes here sell faster, and less often over asking, than in any other ZIP code in the county.

Nearby, Austin 78736 (23% sold over asking) and Austin 78739 (21% sold over asking) are even more competitive.

Run the numbers for 78719

Prefilled for 78719Can I win this house?Multiple-offer likelihood for a listing Prefilled for 78719Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Austin 78701Buyer’s market $705 /sq ftAustin 78702Buyer’s market $430 /sq ftAustin 78703Buyer’s market $565 /sq ftAustin 78704Buyer’s market $507 /sq ft Browse all markets →

Towns like Austin nearby

Find towns like Austin in other states →
Kingsbury, TX78638 · 36 miles away76% similarcheaper homes ($139K less) · 9 min longer commute Martindale, TX78655 · 26 miles away73% similarcheaper homes ($186K less) · larger Rosanky, TX78953 · 28 miles away67% similarhigher income ($27K more) · cheaper homes ($131K less) Mc Dade, TX78650 · 27 miles away55% similarhigher income ($29K more) · cheaper homes ($156K less)

Where Austin is

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Questions about Austin real estate

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

A buyer’s market: there were 12.8 months of supply in Austin, TX 78719 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 72.1% of the list price.

What are property taxes in Austin?

About 1.48% of a home’s value a year in Travis County, or roughly $5,920 on a $400,000 home.

What is the median home price in Austin?

The median sale price was $864,626 in the three months ending August 31, 2026, about $321 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