Austin Real Estate Market Report: August 2026

Austin Real Estate Market Report — August 2026 The Austin real estate market enters August with 14,568 active residential listings, signaling a buyer's market for the greater Austin metro. Whether you're actively searching for a home, considering listing your property, or simply keeping a pulse on Central Texas real estate, this report from Vox Residential breaks down the numbers, neighborhoods, and trends shaping the market right now.

As of August 8, 2026, the Austin MLS shows 14,568 active residential listings. The median list price stands at $459,900, with the average price at $711,119. Homes are listed at an average of $298 per square foot and are spending 78 days on the market before going under contract or being withdrawn. The inventory breaks down by property type: Single Family Residence (12,220), Condominium (1,725), Townhouse (279), Manufactured Home (156). 5,297 listings have hit the market in the last 30 days, which means roughly 1324 new options each week for buyers.

Under $300k: 2,335 listings (16%) $300k–$500k: 5,947 listings (41%) $500k–$750k: 2,918 listings (20%) $750k–$1M: 1,387 listings (10%) $1M+: 1,981 listings (14%) The most active price segment is $300k–$500k, accounting for 41% of all inventory with 5,947 listings. This concentration signals where the bulk of buyer demand and listing activity intersects. About 57% of the market is priced under $500,000, while 14% of listings are at or above $1 million. The gap between the median ($459,900) and average ($711,119) tells an important story: luxury listings above $1M are pulling the average up significantly. For most buyers, the median is a better indicator of what a typical Austin home costs. FEATURED PRICE RANGE: $300k–$500k With 5,947 active listings, the $300k–$500k range is where Austin's market is most active this month. This range captures the heart of the Austin market — starter homes in established neighborhoods, updated condos in central locations, and newer construction in communities like Pflugerville, Manor, and Hutto. At $298/sqft, a home in this range typically offers 1,342 square feet of living space.

1. Georgetown — 353 active listings, median $399,000, $220/sqft, averaging 74 days on market. Homes here are moving faster than the city average. 2. Lakeway — 318 active listings, median $787,714, $330/sqft, averaging 78 days on market. 3. Round Rock — 263 active listings, median $380,000, $223/sqft, averaging 64 days on market. Homes here are moving faster than the city average. 4. Pflugerville — 226 active listings, median $375,000, $196/sqft, averaging 56 days on market. Homes here are moving faster than the city average. 5. Cedar Park — 213 active listings, median $450,000, $223/sqft, averaging 51 days on market. Homes here are moving faster than the city average.

The Domain stands out this month with homes averaging just 26 days on market — well below the citywide average of 78. With 7 active listings and a median price of $565,000, this neighborhood is attracting serious buyer interest. The Domain is Austin's "second downtown" — a massive mixed-use development in North Austin that has become a destination for shopping, dining, entertainment, and modern urban living. The development features over 100 stores including Nordstrom, Louis Vuitton, and Tesla, along with dozens of...

With an average of 78 days on market, conditions favor buyers. There's time to explore, compare, and negotiate. Consider asking for seller concessions — closing cost credits, home warranties, or repair allowances are all on the table in this environment. Patience and preparation will serve you well. With 5,297 new listings in the past 30 days, fresh inventory is entering the market steadily. Setting up alerts for new listings in your target neighborhoods is one of the most effective strategies right now.

With homes averaging 78 days on market, sellers need to be realistic and strategic. Price competitively from day one — the data shows that homes priced right sell even in slower conditions, while overpriced homes linger. Consider pre-listing inspections to remove uncertainty for buyers, and be open to negotiations on closing costs or repairs. The $300k–$500k range sees the most activity right now with 41% of all listings. If your home falls in this range, you'll face more competition from other sellers but also benefit from the largest pool of active buyers. This report is generated by Vox Residential from live ACTRIS MLS data as of August 8, 2026. Listing data is updated daily. For personalized market guidance specific to your neighborhood and situation, contact Vox Residential at (512) 740-7762.