Is Austin, TX 78762 a buyer’s or seller’s market?
Austin is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Austin housing market right now
In the three months ending August 31, 2026, 0% of homes in Austin, TX 78762 sold above their list price, the typical home went under contract in 61 days and there were 6.4 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 more slowly (43 days then) and the median sale price fell 19% to $313,164. Overall, Austin is less competitive than a year ago, which gives buyers more room.
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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 6.4 months of supply in Austin, TX 78762 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 61 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 93.5% of the list price.
What is the median home price in Austin?
The median sale price was $313,164 in the three months ending August 31, 2026, about $419 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