Ed 
Austin closed 1,045 homes in April 2026 at a $568,500 median sale price.
Before diving into what it means, lets look at the full picture.
April 2026 by the Numbers
1,045 homes closed in Austin last month. Here’s the snapshot:
- Median Sale Price: $568,500 (-4.2% year-over-year)
- Average Sale Price: $807,151 (-3.9% YoY)
- Price Per Square Foot: $342 (-5.5% YoY)
- Total Sales Volume: $785.3 million
- Homes Sold: 1,045 (+16.1% YoY)
- Average Home Size: 2,324 square feet
Reading the Austin Numbers
Austin is a market of neighborhoods. The citywide median blends affordable condos near Rundberg with luxury estates in Barton Creek. With healthy volume, the median is statistically meaningful, but geography still matters enormously.
The Inventory Picture
Austin currently has 2,769 active listings and 3.3 months of supply at the April 2026 sales pace. Six months of supply is the generally accepted benchmark for a balanced market. Below that is a seller’s market; above it favors buyers.
That keeps Austin in seller’s market territory. Inventory remains tight relative to demand, especially at the entry-level and mid-range.
Months of Supply by Price Range
Not every price range moves the same way. Here’s how supply breaks down across the market:
| Price Range | Active | Monthly Sales | Months of Supply |
|---|---|---|---|
| Under $300K | 84 | 37 | 2.3 |
| $300K-$500K | 773 | 255 | 3.0 |
| $500K-$750K | 650 | 245 | 2.7 |
| $750K-$1M | 415 | 129 | 3.2 |
| $1M-$1.5M | 313 | 100 | 3.1 |
| $1.5M+ | 507 | 75 | 6.8 |
How Fast Homes Are Selling
At 18 median days on market, well-priced Austin homes are moving in roughly a month or less. That speed reflects strong buyer interest at current pricing.
The average days on market was 56 days, which gives a sense of how the slower-moving inventory is performing.
Buyer Negotiating Power
Buyers in Austin are negotiating. Closings came in at 5.8% below asking price on average in April 2026. With a list-to-close ratio of 94.2%, sellers are giving up meaningful ground from their initial ask. That pattern benefits buyers who make offers below list.
The Bigger Picture: Austin Pricing Over Time
The 2024 full-year median was $620,000. The 2025 full-year median was $615,000. The 2026 year-to-date median is $598,300.
Austin has been on a steady price-correction path since 2024. The pace has slowed, but the trend is still down. April 2026 represents another data point in that pattern.
Frequently Asked Questions
What This Means for Buyers
Austin requires preparation. Inventory is tight, well-priced homes go quickly, and you may face competition. Have your financing locked, know your top number, and be ready to move fast on the right home.
What This Means for Sellers
Pricing discipline is everything. With buyers negotiating an average 5.8% below ask, plan for it. Homes priced at or slightly below comps move; homes priced above sit. Get a strong CMA before setting your number, and stage the home to compete with new construction in the market.
All data sourced from Unlock MLS via the Neuhaus VOW database, current as of May 8, 2026. Austin market data includes residential single-family, townhome, and manufactured home sales.
Thinking about buying or selling in Austin? Contact the Neuhaus Realty Group for a personalized market analysis based on the latest data.
See all 15 city reports: Austin Area Market Updates: April 2026 Data
