Austin used to be the hottest housing market in the country. A few years ago, homes were selling in days, often for more than the asking price. Buyers had to fight with cash offers and waive inspections just to have a shot.
But 2025 looks completely different. Now, Austin is officially a buyer’s market — meaning there are more homes for sale than buyers. And that’s good news for anyone hoping to buy a house.
Why the Market Changed
During the pandemic, Austin became the cool place to move. People from California, New York, and other expensive cities came for lower taxes, cheaper homes, and a relaxed Texas lifestyle.
Tech giants like Apple, Google, and Meta brought jobs, and prices went through the roof.
But that wave has slowed down. Now, there are more homes sitting on the market — about 7 months of inventory compared to the national average of 5 months.
When inventory is this high, sellers have to compete for buyers, which means better prices and more room for negotiation.
Prices Are Finally Dropping
Austin home prices have fallen about 13% since 2022. The typical home now costs around $499,000.
It’s still higher than the national average of $429,990, but buyers have more power than they’ve had in years.
New construction is helping a lot, too. Almost one-quarter of homes for sale in Austin are brand-new builds, and they’re actually selling for less than older homes — about a 7% discount on average.
Some Areas Are Still Hot
Not every part of Austin is slowing down. Places like Circle C (ZIP 78739) are still very popular, with homes selling faster than in other neighborhoods.
Luxury homes are also on the market longer than before, but they’re still priced high — most are over $1 million.
Renting Is Cheaper Than Buying
For people not ready to buy, renting is still cheaper. The median rent is around $1,460, which is about 5% lower than last year and much cheaper than the monthly cost of buying a starter home.
People Are Still Moving — But Many Are Leaving Too
Austin is still attracting new people — especially from Dallas, Chicago, and San Antonio — but almost 60% of Austin home shoppers are looking outside the city, often in San Antonio, Dallas, or Houston where homes are cheaper.
The Bottom Line
Austin is giving buyers something they haven’t had in years: choices. With more homes for sale, falling prices, and more time to decide, this might be the perfect time to jump in and finally get that house you’ve been dreaming about.
📊 Buyer Interest in Texas Cities (Approximation)
Here’s an approximate look at which Texas cities are getting the most buyer interest in 2025:
| City | Buyer Interest (Estimated) | Notes |
|---|---|---|
| Austin | 🔥🔥🔥🔥🔥 (High) | Prices are dropping, attracting buyers back |
| San Antonio | 🔥🔥🔥🔥 (Strong) | More affordable than Austin |
| Dallas | 🔥🔥🔥 (Moderate) | Still expensive, but demand is steady |
| Houston | 🔥🔥🔥 (Moderate) | Big inventory, slower price drops |
| Fort Worth | 🔥🔥 (Lower) | Less movement compared to other big metros |
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