The Austin metro housing market shows a modest decline in home prices, with the median sale price falling 1.1% year-over-year to $430,000 as of November 2025. Unlock MLS data indicates that the city of Austin commands the highest median price at $565,000, while Caldwell County records the lowest at $265,000.
Home Prices Across the Metro
Unlock MLS releases monthly median sale prices for each county in the Austin metro: Bastrop, Caldwell, Hays, Travis, and Williamson. The overall median for the entire metro area is $430,000 in November 2025, down 1.1% from the previous year. The price spread shows significant variation, with Austin itself at $565,000 and Caldwell County at $265,000.
Days on Market
The average time a home spends on the market in the Austin metro is 79 days as of November 2025, according to Unlock MLS. Realtor.com provides a more granular view, showing that zip code 78948 experiences the longest average stay at 283 days, while 78656 has the shortest at 31 days. These figures illustrate the uneven pace of sales across the region.
Active Listings
Unlock MLS reports 11,926 active listings across the Austin metro in November 2025. Travis County leads with 5,632 listings, followed by Bastrop, Williamson, Hays, and Caldwell. The number of active homes reflects the current supply available to buyers.
New Listings
Seasonal patterns appear in monthly new listings, with summer months typically generating higher volumes. In November 2025, 2,477 homes were newly listed across the metro, and Travis County contributed the largest share at 1,126 new homes. This trend aligns with the historical rise in listings during warmer weather.
Inventory Months
Unlock MLS defines inventory months as the number of months it would take to sell all homes currently on the market at the current sales pace. The Austin metro has 6.3 months of inventory as of November 2025. Bastrop County has the highest at 7.2 months, while Hays County has the lowest at 4.4 months.
Zillow Home Value Index
Zillow’s monthly index measures the typical home value in each zip code. In November 2025, the 78746 zip code tops the list with an index value of $1.63 million, while 76877 records the lowest at about $182,000. These values provide a snapshot of market wealth across the metro.
Expert Insight – Vaike O’Grady
“It is important to remember that November 2024 sales were boosted by the Fed’s first cut in interest rates, and mortgage rates moved accordingly. This year’s 16% drop appears steeper than it might under typical conditions. While October’s government shutdown likely impacted November 2025 closings, the 5% year-over-year increase in pending sales is encouraging and shows that motivated buyers are reentering the market. Last week’s Fed rate cut will likely bolster consumer confidence heading into 2026. As rates stabilize and buyers adjust to the new normal, we anticipate renewed momentum. The region’s long-term outlook is strong and will continue to buffer seasonal and economic shifts.” – Vaike O’Grady, Unlock MLS market research advisor, Dec. 16, 2025.
Expert Insight – Brandy Wuensch
“Inventory is growing, prices are steady and buyers are reentering the market with a more strategic mindset. REALTORS® are playing a critical role in helping Central Texans navigate this evolving landscape with confidence. It’s about positioning, not panic. Buyers finally have options, and sellers need to price their homes competitively based on current market conditions. Even though the pace is slower, Austin is still fundamentally strong.” – Brandy Wuensch, 2025 Unlock MLS and Austin Board of Realtors president, Dec. 16, 2025.
What Buyers Should Know
The 79-day average sales time suggests that homes can move relatively quickly, but zip-level data shows that some areas still experience extended listings. Buyers in high-inventory counties like Bastrop may find more negotiation room, while those targeting the city of Austin may face tighter competition.
What Sellers Should Know
With 6.3 months of inventory overall, sellers have a moderate supply of buyers. Pricing competitively remains crucial, especially in markets where inventory is higher. The steady inventory months indicate that sellers can expect a predictable sales cycle.
Closing Thoughts
The Austin metro market continues to demonstrate resilience amid federal rate changes and seasonal fluctuations. Median prices have dipped modestly, but inventory levels and active listings remain robust. Experts predict that as mortgage rates settle, the market will maintain steady momentum, offering opportunities for both buyers and sellers.
Unlock MLS, Realtor.com, and Zillow release new data each month, and the charts in this story will be updated as fresh information becomes available.
