Is Austin, TX 78799 a buyer’s or seller’s market?
Austin is a buyer’s market. With about 10.1 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 0% of U.S. ZIP codes, and #855 of 868 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Austin housing market right now
In the three months ending August 31, 2026, 2% of homes in Austin, TX 78799 sold above their list price, the typical home went under contract in 106 days and there were 10.1 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 55 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 6%, homes sold faster (117 days then) and the median sale price rose 24% to $816,147. Overall, Austin is about as competitive as it was a year ago.
On our competition score, Austin ranks #855 of 868 TX ZIP codes with enough sales (score 3 out of 100).
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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 10.1 months of supply in Austin, TX 78799 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 106 days in the latest three months.
Do homes in Austin sell over asking?
2% of homes sold above their original list price, and the typical sale closed at 94.5% of the list price.
What is the median home price in Austin?
The median sale price was $816,147 in the three months ending August 31, 2026, about $705 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