Austin, TX Housing Market
Market data powered by Zillow Research. Last updated: 2026-04-02
Austin, TX is a cooling market — favorable for buyers.
- •Prices have declined 5.9% — a strong buyer's market with room to negotiate.
- •Price-to-rent ratio: 42.6 — renting may be more affordable in the near term.
Median Home Value
$424,642
ZHVI
Year-over-Year
-5.9%
Price change
5-Year Change
+11.6%
Since 2021
Median Rent
$830/mo
ZORI
Active Listings
117
For sale
State Avg
$297,592
Texas
Home Value Trends
5-year Zillow Home Value Index for Austin, TX vs. state and national averages.
Rent Data
Median Rent
$830/mo
Rent YoY Change
+10.1%
Other Markets in Texas
Market data provided by Zillow Research. Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) are trademarks of Zillow, Inc.