Housing · Austin

Austin, TX housing market

The typical Austin home is worth about $497,000, down 3.7% in a year, 66% above the Texas typical home. Homes typically sell in 47 days, below asking.

Home values, sales, trends and how Austin compares with the towns next door — updated as new data is published.

The market right now

Austin at a glance

Typical home value
$497K
▼ 3.7% in a year · Zillow
Median sale price
$570K
May 2026 · Redfin
Days on market
47
Texas: 56 days
Sale-to-list
97.7%
Homes sell below asking
Homes sold
960
in May · 4,942 for sale
Market temperature

A balanced market

Buyer's marketBalancedSeller's market

About 5.1 months of supply: neither buyers nor sellers have a clear edge.

Ten-year trend

Typical home value, 2016–2026

AustinTexas
$100K$200K$300K$400K$500K$600K$700K 20182020202220242026 Austin $497K Texas $299K
Show as a table
JanuaryAustinTexas
2017$355,000$190,000
2018$369,000$202,000
2019$383,000$214,000
2020$405,000$223,000
2021$464,000$242,000
2022$608,000$286,000
2023$611,000$313,000
2024$567,000$311,000
2025$544,000$311,000
2026$511,000$303,000
August 2026$497,000$299,000
New construction

8,893 new homes permitted in 2025

Builders were permitted 8,893 new homes in Austin in 2025: 2,079 single-family houses and 6,814 in buildings with two or more homes, worth about $1.6 billion to build. That's 9.1 per 1,000 residents, about the pace of Texas as a whole. Over the past 10 years, Austin has permitted 135,353 homes in all.

New homes, 2025
8,893
▼ 6% vs 2024
2026 so far
4,381
Jan–Aug · ▼ 16% vs last year
Per 1,000 residents
9.1
Texas: 8.1
Single-family
23%
6,459 in 113 apartment buildings
Single-familyTwo or more homes per building2026 so far
05,00010,00015,00020,000 2000: 8,528 homes (3,361 single-family, 5,167 in buildings with 2+ homes) 2000 2001: 6,722 homes (2,119 single-family, 4,603 in buildings with 2+ homes) 2002: 6,374 homes (2,431 single-family, 3,943 in buildings with 2+ homes) 2003: 5,298 homes (3,117 single-family, 2,181 in buildings with 2+ homes) 2004: 6,041 homes (3,533 single-family, 2,508 in buildings with 2+ homes) 2005: 8,794 homes (4,569 single-family, 4,225 in buildings with 2+ homes) 2005 2006: 9,265 homes (4,340 single-family, 4,925 in buildings with 2+ homes) 2007: 7,771 homes (3,155 single-family, 4,616 in buildings with 2+ homes) 2008: 4,379 homes (1,928 single-family, 2,451 in buildings with 2+ homes) 2009: 3,539 homes (1,951 single-family, 1,588 in buildings with 2+ homes) 2010: 2,774 homes (1,664 single-family, 1,110 in buildings with 2+ homes) 2010 2011: 4,178 homes (1,713 single-family, 2,465 in buildings with 2+ homes) 2012: 10,210 homes (2,539 single-family, 7,671 in buildings with 2+ homes) 2013: 11,834 homes (2,573 single-family, 9,261 in buildings with 2+ homes) 2014: 9,442 homes (2,800 single-family, 6,642 in buildings with 2+ homes) 2015: 10,104 homes (2,846 single-family, 7,258 in buildings with 2+ homes) 2015 2016: 8,903 homes (3,705 single-family, 5,198 in buildings with 2+ homes) 2017: 11,579 homes (4,440 single-family, 7,139 in buildings with 2+ homes) 2018: 13,283 homes (4,433 single-family, 8,850 in buildings with 2+ homes) 2019: 14,709 homes (4,568 single-family, 10,141 in buildings with 2+ homes) 2020: 17,690 homes (4,113 single-family, 13,577 in buildings with 2+ homes) 2020 2021: 18,722 homes (4,180 single-family, 14,542 in buildings with 2+ homes) 2022: 18,446 homes (3,344 single-family, 15,102 in buildings with 2+ homes) 2023: 13,684 homes (1,799 single-family, 11,885 in buildings with 2+ homes) 2024: 9,444 homes (1,946 single-family, 7,498 in buildings with 2+ homes) 2025: 8,893 homes (2,079 single-family, 6,814 in buildings with 2+ homes) 2025 2026 so far: 4,381 homes (1,528 single-family, 2,853 in buildings with 2+ homes)

Homes vs. people, 2010–2020

Residents+171,465
New homes+97,016

Between the 2010 and 2020 censuses, Austin gained 171,465 residents while 97,016 new homes were permitted: about 1.8 new residents per new home. Building and growth moved roughly in step. Across Texas: 2.6 new residents per new home.

How Austin ranks on housing keeping up with growth →

Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.

Show as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)4,3811,5282,853$535.7 million
20258,8932,0796,814$1.6 billion
20249,4441,9467,498$1.5 billion
202313,6841,79911,885$1.7 billion
202218,4463,34415,102$3.2 billion
202118,7224,18014,542$3.1 billion
202017,6904,11313,577$2.3 billion
201914,7094,56810,141$2.2 billion
201813,2834,4338,850$1.8 billion
201711,5794,4407,139$1.4 billion
20168,9033,7055,198$1.3 billion
201510,1042,8467,258$1.4 billion
20149,4422,8006,642$1.1 billion
201311,8342,5739,261$1.3 billion
201210,2102,5397,671$985.1 million
20114,1781,7132,465$415.6 million
20102,7741,6641,110$388.4 million
20093,5391,9511,588$433.8 million
20084,3791,9282,451$652.3 million
20077,7713,1554,616$1 billion
20069,2654,3404,925$914 million
20058,7944,5694,225$824.6 million
20046,0413,5332,508$572.1 million
20035,2983,1172,181$488.7 million
20026,3742,4313,943$501.4 million
20016,7222,1194,603$462.1 million
20008,5283,3615,167$694.4 million

How Austin ranks on new homes being built →

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.

Nearby

Austin and its neighbors

The towns that share a border. Tap one to see its housing page.
TownTypical value1-yr change2-bed rentNew homes 2025Median income
Austin $497K −3.7% $2,010 8,893 $93,658
Cedar Park $462K −3.6% $2,010 0 $129,545
West Lake Hills $2.08M +7.5% $2,330 8 $198,125
Barton Creek — — $2,210 — $203,947
Rollingwood $2.32M +5% $2,330 13 $240,114
Wells Branch — −3.7%† $1,770 — $66,656
Brushy Creek — −1.1%† $2,060 — $138,589

† FHFA price index change, where Zillow has no home value for the town.

Affordability

5.3 years of income

The typical Austin home costs about 5.3 years of the town's median household income, more than across Texas (3.8 years).

How Austin ranks on affordability →

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
43.4%
Texas: 62.6%
Median tax bill
$8,024
Texas: $4,232
Median rent
$1,729
Texas: $1,403
Typical home built
1994
Texas: 1992

U.S. Census Bureau, ACS 2020-2024.

Renting

A two-bedroom rents for about $2,010

HUD's Fair Market Rent for a two-bedroom in Austin is $2,010 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Austin pay a median of $1,729, so moving in tends to cost more than staying put. A two-bedroom takes about 26% of the town's median household income.

1 bedroom
$1,700
a month, with utilities
2 bedrooms
$2,010
a month, with utilities
3 bedrooms
$2,550
a month, with utilities
Share of income
26%
2 bedrooms ÷ median income

Studio $1,600 · 4 bedrooms $2,990

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (78617, 78653, 78704, 78717, 78719, 78723 and 19 more; Austin-Round Rock-San Marcos, TX MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.

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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01