Austin Area Real Estate Market Updates: February 2026 Data for 15 Cities

Ed Neuhaus Ed Neuhaus March 11, 2026 8 min read

February 2026 MLS data is in for 15 cities across the Austin metro area. We pulled the numbers from Unlock MLS on March 11, 2026 and broke each market down individually — median prices, inventory levels, months of supply by price range, and what it all means for buyers and sellers right now.

Here is the summary across all 15 markets, with links to each city’s full report.

Tier 1: Major Markets

These six cities represent the core Austin metro — the highest transaction volumes, the most liquid markets, and where the majority of buyer activity concentrates.

Austin

  • Median Sale Price: ,000
  • Homes Sold: 567
  • Months of Supply: 6.8
  • Median Days on Market: 65

Austin is firmly in buyer’s market territory with 3,863 active listings. The median dropped 2.8% year-over-year, and homes are closing 3.2% below asking. Buyers have real leverage across most price ranges.

Read the full Austin market update →

Round Rock

  • Median Sale Price: ,879
  • Homes Sold: 108
  • Months of Supply: 4.4
  • Median Days on Market: 98

Round Rock is one of the tightest markets in the metro at 4.4 months of supply — balanced territory leaning toward sellers. The median is down 9.3% YoY, but that reflects mix shift, not weakness. Proximity to Dell, Apple, and the Domain keeps demand healthy.

Read the full Round Rock market update →

Georgetown

  • Median Sale Price: ,990
  • Homes Sold: 169
  • Months of Supply: 6.3
  • Median Days on Market: 76

Georgetown posted the second-highest sales volume in the metro (169 closings) with 1,058 active listings. The median dropped 17.3% YoY — largely a mix shift toward entry-level new construction. One of Texas’ fastest-growing cities for three straight years.

Read the full Georgetown market update →

Cedar Park

  • Median Sale Price: ,000
  • Homes Sold: 33
  • Months of Supply: 4.8
  • Median Days on Market: 56

Cedar Park is balanced at 4.8 months of supply with a stable K median (+2.1% YoY). Strong school ratings (Leander ISD) and 183A toll corridor access keep this market competitive. Entry-level and mid-range segments are especially tight.

Read the full Cedar Park market update →

Pflugerville

  • Median Sale Price: ,000
  • Homes Sold: 66
  • Months of Supply: 6.7
  • Median Days on Market: 65

Pflugerville sits at 6.7 months of supply — just into buyer’s market territory. The K median held essentially flat YoY, which is actually a positive sign given increasing inventory. Strong value proposition as an affordable northeast Austin alternative.

Read the full Pflugerville market update →

Leander

  • Median Sale Price: ,210
  • Homes Sold: 90
  • Months of Supply: 6.0
  • Median Days on Market: 45

Leander is right at the balanced market threshold (6.0 months). The median rose 6.9% YoY to K — one of the few cities showing price appreciation. Master-planned communities and the Red Line commuter rail continue to drive demand.

Read the full Leander market update →

Tier 2: Hill Country & Surrounding Markets

These nine cities range from luxury Hill Country markets to fast-growing affordable suburbs. They generally have lower transaction volumes, which means individual sales can swing the monthly median — but the trend data tells the real story.

Dripping Springs

  • Median Sale Price: ,000
  • Homes Sold: 29
  • Months of Supply: 7.9
  • Median Days on Market: 116

The second-highest median in the metro at K, driven by Dripping Springs ISD (frequently ranked #1 in Texas) and Hill Country lifestyle. Sales volume surged 70.6% YoY, but 7.9 months of supply and 116 days on market mean buyers have leverage.

Read the full Dripping Springs market update →

Lakeway

  • Median Sale Price: ,500
  • Homes Sold: 18
  • Months of Supply: 6.1
  • Median Days on Market: 22

The highest-priced market in the metro at ,500 median. Only 18 closings, but a remarkably fast 22-day median DOM suggests well-priced Lakeway homes are moving quickly. The .08M average vs K median shows significant luxury activity pulling the average up.

Read the full Lakeway market update →

Wimberley

  • Median Sale Price: ,000
  • Homes Sold: 15
  • Months of Supply: 9.93
  • Median Days on Market: 95

Wimberley is a small-volume luxury market (15 sales) with nearly 10 months of supply — the highest in this analysis. Homes are closing 4.5% under asking. Buyers looking for Hill Country acreage and privacy have significant negotiating power here.

Read the full Wimberley market update →

Liberty Hill

  • Median Sale Price: ,000
  • Homes Sold: 53
  • Months of Supply: 8.0
  • Median Days on Market: 50

Liberty Hill is transitioning from small Hill Country community to full suburban market. The K median is down 6.3% YoY, and 424 active listings create 8.0 months of supply. Rapid new construction is driving the oversupply. Buyers have real options here.

Read the full Liberty Hill market update →

Bastrop

  • Median Sale Price: ,950
  • Homes Sold: 32
  • Months of Supply: 10.9
  • Median Days on Market: 113

Bastrop has the second-highest months of supply in the metro (10.9) with homes taking a median of 113 days to sell. The Lost Pines community has growing appeal as a remote-work destination, but buyers have enormous leverage with 349 active listings for just 32 monthly sales.

Read the full Bastrop market update →

San Marcos

  • Median Sale Price: ,500
  • Homes Sold: 48
  • Months of Supply: 7.6
  • Median Days on Market: 95

The most affordable city in the analysis at ,500 median, down 19.8% YoY. San Marcos is a dual-market city where the Texas State University rental economy co-exists with permanent resident housing. Buyers need to know which market they are entering.

Read the full San Marcos market update →

Buda

  • Median Sale Price: ,000
  • Homes Sold: 52
  • Months of Supply: 5.9
  • Median Days on Market: 60

Buda is nearly balanced at 5.9 months of supply. Sales volume surged 48.6% YoY with 52 closings, showing strong buyer demand at the K price point. Its position on I-35 between Austin and San Marcos gives genuine commuter appeal in both directions.

Read the full Buda market update →

Kyle

  • Median Sale Price: ,990
  • Homes Sold: 93
  • Months of Supply: 5.8
  • Median Days on Market: 50

Kyle posted strong volume (93 closings) at a ,990 median — one of the most affordable cities in the metro with real transaction depth. Volume jumped 34.8% YoY. The market is balanced at 5.8 months of supply with homes moving in a median 50 days.

Read the full Kyle market update →

Hutto

  • Median Sale Price: ,950
  • Homes Sold: 82
  • Months of Supply: 4.7
  • Median Days on Market: 71

Hutto had the strongest volume growth in the metro — sales surged 121.6% YoY to 82 closings. At ,950, it is the most affordable city with significant volume. Samsung’s Taylor fab plant and continued Williamson County growth are strengthening the employment base. Balanced at 4.7 months of supply.

Read the full Hutto market update →

Key Takeaways Across All 15 Markets

The February 2026 data tells a consistent story across the Austin metro:

  • Buyers have leverage in most markets. 10 of 15 cities have 6+ months of supply. Only Round Rock (4.4), Hutto (4.7), and Cedar Park (4.8) are firmly in balanced territory favoring sellers.
  • Prices are softening but not crashing. Median prices dropped year-over-year in 12 of 15 cities. The exceptions: Leander (+6.9%), Cedar Park (+2.1%), and Bastrop (+2.6%).
  • Volume is up almost everywhere. Most cities saw double-digit sales increases YoY, suggesting buyers are active — they just have more negotiating power than they did a year ago.
  • Luxury markets need patience. Wimberley (9.93 months), Bastrop (10.9), and Liberty Hill (8.0) have the most oversupply. Sellers in those markets should price aggressively from day one.
  • Affordability drives velocity. The sub-K markets (Kyle, Hutto, Buda, San Marcos) are moving faster than premium markets.

Data Source

All statistics in this report and the 15 individual city reports are sourced from Unlock MLS (formerly Austin Board of Realtors MLS), pulled March 11, 2026. Data reflects closed sales for February 2026 compared to February 2025. Months of supply is calculated from active listings divided by the monthly sales pace.

Questions About the Austin Market?

If you are buying or selling in any of these 15 markets, we would like to help you understand what these numbers mean for your specific situation. Neuhaus Realty Group covers the entire Austin metro area — from Hutto to Wimberley, Round Rock to Bastrop.

Contact us for a free consultation or call (512) 897-5795.

Frequently Asked Questions

Which Austin-area city has the highest median home price?
Lakeway has the highest median sale price at ,500 in February 2026, followed by Wimberley at ,000 and Dripping Springs at ,000. All three are Hill Country or lakefront markets with premium positioning. Austin proper comes in fourth at ,000.
Which Austin-area markets favor buyers in 2026?
Markets with 6+ months of supply favor buyers. In February 2026, the strongest buyer’s markets are Bastrop (10.9 months), Wimberley (9.93 months), Liberty Hill (8.0 months), Dripping Springs (7.9 months), San Marcos (7.6 months), Austin (6.8 months), Pflugerville (6.7 months), Georgetown (6.3 months), and Lakeway (6.1 months). Balanced markets include Leander (6.0), Buda (5.9), Kyle (5.8), Cedar Park (4.8), Hutto (4.7), and Round Rock (4.4).
How often are these market updates published?
We publish these city-level market updates monthly, within two weeks of MLS data becoming available. Each report includes median prices, sales volume, inventory analysis, months of supply by price range, and historical trend charts. Subscribe to our newsletter or bookmark this page to stay current.
Ed Neuhaus

Written by Ed Neuhaus

Ed Neuhaus is the broker and owner of Neuhaus Realty Group, a boutique real estate brokerage based in Bee Cave, Texas. With 19 years in Austin real estate and more than 2,000 transactions under his belt, Ed writes about the local market, investment strategy, and what buyers and sellers actually need to know. These posts are written by Ed with help from AI for editing and polish. Every post published under his name is personally reviewed and approved by Ed before it goes live.

Learn more about Ed →

Have Questions About This Topic?

Whether you're buying, selling, or investing - I'm here to help you navigate the Austin real estate market.

Schedule a Consultation

Search Homes by Area

Explore properties in Austin's most popular neighborhoods and surrounding communities.