Find the latest Austin, Texas real estate news here. In September, the median home price was $421,000—1.4% lower than September of 2025 Central Texas Housing Report. Rising mortgage rates weighed on the Austin-Round Rock-San Marcos MSA housing market in September, slowing sales activity as higher monthly payments created additional affordability challenges for buyers. Closed sales declined 14.8% year over year to 2,223 sales, while the median sales price increased 1.4% to $421,000. Pending sales declined just 1.8% to 2,313, suggesting some buyers remained engaged despite higher borrowing costs.

Homes also closed at an average of 92.7% of their original list price, compared to 91.4% a year earlier, reflecting closer alignment between buyers and sellers in closed transactions. While September’s sharper decline highlights the immediate pressure of rising rates, third-quarter figures provide a broader view of market activity, with closed sales declining 2.4% year over year to 7,748 and the median sales price decreasing 2.3% to $420,000.

Vaike O’Grady, research advisor at Unlock MLS, said September’s slowdown reflects a shift in market activity following the recent increase in mortgage rates.

“September’s decline in closed sales is significant, and it shows just how sensitive today’s housing market is to changes in mortgage rates. We had been seeing steady activity, but the recent increase in rates created another hurdle for buyers, especially those trying to enter the market for the first time. The biggest factor for many buyers isn’t necessarily the price of the home, but what that price means for their monthly payment at today’s rates. While affordability remains a real challenge, we’re still seeing activity in the market. The question now is how buyers and sellers respond to these conditions in the months ahead.”

City of Austin Home Sales in September 2026

•  777 – Residential homes sold, 12.7% less than September 2025.
•  $570,958 – Median price for residential homes, 4.2% more than September 2025.
•  1,295 – New home listings on the market, 1.1% less than September 2025.
•  4,502 – Active home listings on the market, 10.3% less than September 2025.
•  743 – Pending sales, 8.6% less than September 2025.
•  5.4 – Months of inventory, 0.3 less than September 2025.
•  92.5% – Average close to list price, compared to 90.8% September

The Austin real estate market shows home sales for the Austin-Round Rock MSA. Month over month, September 2026 sales compared with August 2026.

✔ Overall, the median sales price was down.

✔ Sold units were down (from 2,501)
✔ New listings were down (from 3,579)
✔ Active listings were down (from 13,676)
✔ Pending home sales were down (from 2,623)
✔ Months of inventory was up (from 5.1)

Number of Austin homes for sale. It includes real estate news, market data, and county statistics for Central Texas. September 2026 reports cover median Austin home prices and county data.

Months of inventory are calculated by dividing the number of homes listed for sale by the average number sold per month within 12 months.

Austin, Texas Real Estate and other Central Texas Housing Market Median Sales Prices for Austin, Georgetown, Round Rock, Leander, Pflugerville, Elgin, Buda, Kyle, Cedar Park, Liberty Hill, and beyond for Single-Family Residential Home Types.

The median home price data below for Central Texas cities combines all residential home types and only lists those cities with at least 46 closed sales units to make the top 14.

️In total, sales were down slightly month-over-month for the cities in Central Texas with the most sold homes.

Top 15 Central Texas cities with the most home sales in the Austin, Texas Real Estate Market

What Central Texas cities had the most home sales in August? The breakdown above shows the top 15 cities with the most homes sold. This report included all residential home types.

Austin, Georgetown, and Round Rock took the top 3 slots.  

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Austin real estate news, specifically Austin real estate market data and Austin homes for sale numbers, is compiled by ACTRIS© Matrix data through the Austin Board of REALTORS®. Information is deemed reliable but not guaranteed and should be verified.  Content is “AS IS,” without any warranty, express or implied. Results were calculated from the number of listings in the MLS on the date of the report. Off-market data not included.