Austin Housing Market

Home sale prices in Austin declined 0.2% January compared to the same month the prior year, while U.S. home prices increased 1.3%.

Austin home sale prices continue to soften

The median home price in Austin fell slightly in the year ending January 2026, indicating that prices continue to soften but at a slower pace than before. The January median home price reached $410,000, a $900 decrease from January 2025 and a significant improvement from the 4.2% annual decline recorded between January 2025 and January 2024.

Austin townhome prices post steepest decline among property types

Austin townhome prices declined sharply, posting the third-largest annual drop of the past three years. Prices for townhomes fell 16% over the past 12 months to $320,000. Condominium prices also declined, decreasing 2.1% to $354,500. Detached home prices held steady during the same period, remaining unchanged at $415,000.

Austin’s annual price performance remained more resilient than several peers in Texas

Austin ranked twenty-fourth among the top 40 U.S. markets by annual price change. Dallas–Fort Worth and San Antonio recorded weaker results, with declines of 2.6% and 1.8%, respectively, while Austin’s trend aligned more closely with Houston, where prices slipped 0.1%.


Table compares the year over year change in home sale prices for the Austin market and the United States, showing Austin prices declined 0.2% from January 2025 to January 2026.
Austin home sale prices dipped slightly over the past year, while U.S. home prices increased.


Bar chart showing Austin's monthly home sale prices ended January 2026 at $410,000, down month over month.
Austin’s home sale price declined from December 2025 to January 2026, settling at $410,000.


Line chart showing year over year change in home sale prices for the Austin market, showing that home sales declined by $900 in the year preceding January 2026.
In January 2026, home prices were down $900 year over year, an improvement from December 2025's annual change.


Line chart showing year-over-year change in home sales for the Austin market, indicating home prices declined 0.2% in the year preceding January 2026.
In January 2026, Austin home prices were down 0.2% year over year, showing improvement from December 2025.


Bar chart shows Austin median home sale prices for every January from 2018 to 2026, highlighting a fourth straight year of price compression.
While Austin home prices compressed for a fourth consecutive year, falling $900 year over year in the 12 months ending January, the pace of the decline is slowing.


Bar chart showing year‑over‑year percentage changes in Austin home prices for every January between 2018 and 2026, with 2026 marking the smallest annual decline since 2023.
With a modest 0.2% decline between January 2025 and January 2026, Austin home prices show signs of stabilization.


Bar chart showing median home sale prices in January 2026, with Austin ranked 19th out of the top 40 U.S. markets.
Austin ranked 19th among the 40 largest U.S. markets for home sale prices in January 2026, with a median price of $410,000.


Bar chart comparing year‑over‑year percentage changes in home sale prices for January 2026, showing Austin ranked 24th out of the 40 largest U.S. markets.
Austin ranked 24th out of the 40 largest U.S. markets in January based on year‑over‑year home sale price change, posting a 0.2% decline.


Data point boxes showing home sale price trends by home type, including detached, attached, and condos, showing that townhomes experienced a 16% decline in home sale prices in January 2026.
Townhomes in Austin posted the steepest decline in home sale prices in January 2026 out of the three home types, down 16% year-over-year.


Bar charts showing Austin home price trends by home type, including detached, attached, and condos. Both attached homes and condos registered the steepest declines of 16% and 2.1%, respectively, while detached homes were unchanged at 0%.
Attached home sale prices in Austin fell 16% year over year in January, marking the sharpest decline among the market’s three home types.


For questions and commentary about this report:

Israel Linares, Senior Market Analyst at CoStar and Homes.com, based in Austin, is available for interviews to provide expert insights on this data and the broader residential real estate market.

Israel Linares
Senior Market Analyst
Homes.com
ilinares@costar.com

Homes.com releases preliminary figures on housing trends on a monthly basis. Although these numbers may change slightly once all home sales are accounted for, they provide an early indication of home sale price appreciation in Austin during January 2026.

Definition of Sale Prices

Median home price is the midpoint sale price of homes closed during each month. This data includes homes that are detached, attached, and condominiums. Detached homes are single-family units. Attached homes are townhomes, rowhouses, and duplexes. The condominium classification includes co-ops.

For most markets, geographical coverage consists of the Census-defined Core-Based Statistical Area (CBSA). Data for San Francisco, Los Angeles, Miami, and New York is at the Metropolitan Division level.

About the Homes.com Market Analytics Team

The Homes.com Market Analytics group is a team of experienced analysts embedded in nearly 30 markets across North America. These experts reside in and regularly visit the markets they cover, providing local expertise and a national perspective on all sectors of real estate: residential, office, industrial, retail, and multifamily.

About Homes.com Analytics Data

The Homes.com analytic data is compiled by the CoStar Analytics team, the largest and most experienced analytics team in the real estate industry. The team consists of over 50 economists, analysts, and data scientists, who collectively have more than 900 years of real estate experience and over 30 advanced degrees. Analysts on the team live in and around the markets they cover, enabling them to build deep local knowledge and unique insights.

The data set being used by the team is one of the most comprehensive and robust in the industry. It spans all 393 metropolitan markets, 542 micropolitan markets, and over 35,000 local neighborhoods in the U.S. The data set is sourced from almost 500 Multiple Listing Service (MLS) providers around the country, as well as public record data from each market, and is supplemented by proprietary data collected by CoStar's team of over 2,000 researchers. It includes a complete inventory of all homes in the U.S., including homes for sale, homes for rent, new construction homes, as well as sale comps and rent comps.

Writer
Israel Linares

Israel Linares is a Senior Market Analyst at CoStar and Homes.com, where he analyzes residential and commercial real estate trends in the Austin region. His analysis centers on home prices, housing supply, and market cycles, examined within the context of broader economic conditions. He also focuses on the multifamily sector, tracking rental performance, development activity, and shifting market fundamentals to support informed, data‑driven decisions. He brings eight years of experience in real estate analytics, including prior roles as a Senior Data Analyst at CBRE. Israel holds a finance degree from Boston University and regularly provides trusted analysis and commentary to local media and industry audiences.

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