Austin Real Estate Market Report: March 2026

Austin Real Estate Market Report — March 2026 The Austin real estate market enters March with 12,257 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 March 31, 2026, the Austin MLS shows 12,257 active residential listings. The median list price stands at $484,900, with the average price at $759,546. Homes are listed at an average of $319 per square foot and are spending 95 days on the market before going under contract or being withdrawn. The inventory breaks down by property type: Single Family Residence (10,047), Condominium (1,592), Townhouse (246), Manufactured Home (160). 4,252 listings have hit the market in the last 30 days, which means roughly 1063 new options each week for buyers.

Under $300k: 1,734 listings (14%) $300k–$500k: 4,799 listings (39%) $500k–$750k: 2,504 listings (20%) $750k–$1M: 1,287 listings (11%) $1M+: 1,933 listings (16%) The most active price segment is $300k–$500k, accounting for 39% of all inventory with 4,799 listings. This concentration signals where the bulk of buyer demand and listing activity intersects. About 53% of the market is priced under $500,000, while 16% of listings are at or above $1 million. The gap between the median ($484,900) and average ($759,546) 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 4,799 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 $319/sqft, a home in this range typically offers 1,254 square feet of living space.

1. Georgetown — 282 active listings, median $475,000, $234/sqft, averaging 82 days on market. Homes here are moving faster than the city average. 2. Lakeway — 265 active listings, median $799,900, $340/sqft, averaging 84 days on market. Homes here are moving faster than the city average. 3. Round Rock — 208 active listings, median $395,000, $220/sqft, averaging 80 days on market. Homes here are moving faster than the city average. 4. Pflugerville — 173 active listings, median $387,000, $197/sqft, averaging 64 days on market. Homes here are moving faster than the city average. 5. Downtown Austin — 171 active listings, median $949,000, $833/sqft, averaging 109 days on market.

Caswell Heights stands out this month with homes averaging just 30 days on market — well below the citywide average of 95. With 10 active listings and a median price of $1,249,900, this neighborhood is attracting serious buyer interest. Caswell Heights is a walkable Central Austin neighborhood that captures the essence of classic urban living just steps from some of the city's most vibrant districts. Situated near the Hancock Center corridor—a thriving commercial hub anchored by an HEB grocery store and eclectic local...

With an average of 95 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 4,252 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 95 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 39% 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 March 31, 2026. Listing data is updated daily. For personalized market guidance specific to your neighborhood and situation, contact Vox Residential at (512) 740-7762.