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Austin Real Estate Market Report: July 2026

July 7, 2026

Austin Real Estate Market Report — July 2026 The Austin real estate market enters July with 14,388 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.

Market Overview

As of July 7, 2026, the Austin MLS shows 14,388 active residential listings. The median list price stands at $474,400, with the average price at $728,387. Homes are listed at an average of $305 per square foot and are spending 75 days on the market before going under contract or being withdrawn. The inventory breaks down by property type: Single Family Residence (12,031), Condominium (1,755), Townhouse (260), Manufactured Home (145). 5,688 listings have hit the market in the last 30 days, which means roughly 1422 new options each week for buyers.

Price Distribution

Under $300k: 2,098 listings (15%) $300k–$500k: 5,832 listings (41%) $500k–$750k: 2,921 listings (20%) $750k–$1M: 1,457 listings (10%) $1M+: 2,080 listings (14%) The most active price segment is $300k–$500k, accounting for 41% of all inventory with 5,832 listings. This concentration signals where the bulk of buyer demand and listing activity intersects. About 55% of the market is priced under $500,000, while 14% of listings are at or above $1 million. The gap between the median ($474,400) and average ($728,387) 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 5,832 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 $305/sqft, a home in this range typically offers 1,311 square feet of living space.

Most Active Neighborhoods

1. Georgetown — 349 active listings, median $399,999, $226/sqft, averaging 68 days on market. Homes here are moving faster than the city average. 2. Lakeway — 327 active listings, median $839,900, $336/sqft, averaging 72 days on market. Homes here are moving faster than the city average. 3. Round Rock — 260 active listings, median $389,770, $225/sqft, averaging 59 days on market. Homes here are moving faster than the city average. 4. Pflugerville — 218 active listings, median $384,000, $193/sqft, averaging 53 days on market. Homes here are moving faster than the city average. 5. Cedar Park — 196 active listings, median $475,000, $227/sqft, averaging 58 days on market. Homes here are moving faster than the city average.

Neighborhood Spotlight: French Place

French Place stands out this month with homes averaging just 31 days on market — well below the citywide average of 75. With 10 active listings and a median price of $425,000, this neighborhood is attracting serious buyer interest. French Place is a tree-canopied East Austin enclave within the larger Cherrywood neighborhood, defined by its mature oak and pecan trees, walkable streets, and mid-century residential character. Built primarily between the 1940s and 1960s, the neighborhood's single-family homes and duplexes sit...

What Buyers Should Know

With an average of 75 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 5,688 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.

What Sellers Should Know

With homes averaging 75 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 41% 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 July 7, 2026. Listing data is updated daily. For personalized market guidance specific to your neighborhood and situation, contact Vox Residential at (512) 740-7762.
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