Thoughts and Trends Concerning Austin Housing Market

If you are thinking about buying or selling your home, you may be wondering what is happening in Austin as of 2025 and 2026.  The short answer is a mix bag.  As of the spring of 2025, prices are somewhat stable with a slight dip and increasing inventory of homes on the market.  The number of homes sold in the Austin-Round Rock-San Marcus metro area in 2025 is down from the prior year. In addition, the median home prices are slightly less than the previous year.  As of February 2025, home prices are still higher than the national average, but growth rate is lower.   One of the biggest changes that has been seen in this area is the increase in housing inventory which means buyers have more choices when buying their home.  With the greater inventory of houses and the less likelihood of bidding wars we are now in a buyers’ market in most situations.  Now concerning mortgage rates, mortgages rates are likely to remain static for the near future.  If this remains true, people will continue to wait for economic conditions to improve.  Some experts are predicting a continued home value drop through March of 2026.  Now buyers have negotiating power and have a greater inventory of houses to choose from.