Austin, one city, very different markets
Austin as a whole is balanced. Zip code by zip code, it is anything but: some parts are among the tightest in the region, and others have more homes than buyers.
Austin as a whole is balanced. Zip code by zip code, it is anything but: some parts are among the tightest in the region, and others have more homes than buyers.
Where the market is
Homes for sale
4,541
Median sale price
$571,000
Months of supply
5.4
Listings with a price cut
54%
As of October 27, 2026. Median sale price is closed sales so far in 2026. Months of supply is how long the homes for sale today would last at the current pace of sales. Source: Team Price Real Estate market report, built from Austin MLS data.
Forty-five hundred homes for sale, about five and a half months of supply, and a median of five hundred and seventy-one thousand, roughly flat with last year. Fewer listings have cut their price here than in the suburbs I cover, a little over half.
The citywide number is only a starting point. Depending on the zip code, months of supply runs from about two to almost fifteen, and that decides who has the leverage.
A quick way to read months of supply: under five months tilts toward sellers, five to seven is balanced, and above seven buyers start to have the leverage.
Before real estate I was a Senior Auditor at PwC, so with me the numbers come first and the showing comes second.
Where the market is
Months of supply below are for resale homes, by zip code, as of October 27, 2026.
78701 · 78702 · 78741
The most supply in the city, much of it condos. Downtown 78701 has close to fifteen months of resale supply. This is where a buyer has the most room to negotiate.
78739 · 78749 · 78737
The tightest part of Austin. 78739 has a little over two months of supply and is one of only two zip codes in the metro the market report rates hot.
78750 · 78759 · 78731
Established neighborhoods with around three months of supply. Well-priced homes move quickly, and sellers still have the edge.
78753 · 78758 · 78724
More supply, around seven months in several zip codes, and more room to negotiate. Often the most house for the money inside city limits.
Before you write an offer
None of these are unique to this city, but they come up here more than people expect.
Parts of Austin sit in or near a floodplain, and the map can change street by street. I check the FEMA and city flood maps before you make an offer.
Downtown condos have more supply than buyers. Before you buy one, I look at the reserves, the insurance, any special assessments coming, and the rental rules.
Central Texas clay moves. On older homes in central and east Austin, the foundation is the first thing I want an inspector to look at.
With supply this different from one area to the next, a strategy that works in 78739 loses money in 78701. I set the offer by the zip code, not the city.
See what is available
Current listings from the Austin MLS, filtered to Austin, on my Team Price Real Estate site. Send me anything you want a closer look at and I will pull the full history on it.
Other areas I cover
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Fourteen pages, written for Central Texas. The ten steps in the order they happen, what the option period really gives you, and how long each stage takes.
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