Austin Housing Market Report October 2025

Staying informed about the Austin housing market is crucial, whether you're looking to buy or sell.  See what’s happening in the Austin housing market and how broader economic trends and local activity are creating a more balanced and confident real estate environment.

October brought more listings across the Austin area, with 13,277 homes on the market, a noticeable increase from last year. The median price held firm at $439K, only a small increase year over year. Homes continued to sit for about 76 days, the same pace as September, and inventory stayed close to five months, which generally gives buyers more room to explore. Pending sales reached 2,463, a decrease of 5.8% as shoppers took more time to compare homes. Taken together, the numbers offer a good snapshot of where things stand heading into the end of the year.

Let's look at October’s numbers:

• Listings Trend Up — October ended with 13,277 active listings, marking a 12.4% increase from last year and a 2.8% decline from September.
• Prices Inch Higher — The median home price reached $439K, rising just 1.4% year-over-year and 4.5% month-over-month.
• Days Hold Steady — Homes spent an average of 76 days on market, up 4 days compared to last year and unchanged from September.
• Buyer Demand Eases — Pending sales totaled 2,463, up 5.8% from last year and 8% from last month.
• Sales Trend Down — October saw 2,238 closed sales, a 9.6% decrease from last year and 7.3% lower than September.
• Supply Stays Level — Housing supply stood at 5.3 months, 0.5 months higher than a year ago and 0.4 months lower than September.
• Market Snapshot — Over 13,000 homes are on the market, selling for an average of 92% of the original list price; Realty Austin Compass listings achieved 97.1% of their original list price and sold 3 days faster than the MLS average.

Buyer Budgets and Mortgage Activity

Mortgage rates continue hovering in the low-6% range, with the national average around 6.24% according to AP News. HousingWire also reported that mortgage spreads have fallen to multi-year lows, which has helped keep rates from climbing even as other economic indicators move around. And even with rates holding steady, the Mortgage Bankers Association noted an increase in purchase applications. For buyers, it’s creating a better sense of what their monthly payments could look like heading into early 2026. For sellers, it means the buyers who are out shopping right now are showing up prepared.

“What we’re seeing now is a market driven by real needs rather than noise, and that tends to bring out more qualified buyers.” — John Coake, Senior Vice President at Realty Austin Compass

Local Activity Varies by Neighborhood

Community Impact’s recent data shows that areas like Cedar Park and Far Northwest Austin saw homes move faster this October than they did a year ago. While the broader metro averaged 76 days on market, certain pockets clearly stood out. For buyers, this spread in activity can help identify neighborhoods where competition is lighter or where pace is picking up. For sellers, it is a reminder to look closely at what is happening right around them rather than relying on metro-wide averages. These neighborhood-level differences are shaping how people plan their next move and how quickly they expect things to unfold.

Affordable Housing Momentum

Austin is also seeing movement on the affordability front. The city signed off on $46.1 million to get eight new affordable housing projects into motion. Those efforts are expected to result in roughly 728 rental units targeted at households earning at or below 30%, 50% or 60% of the area median family income (MFI). They will not hit the market immediately, but they represent meaningful future inventory for families who currently have few options. As these projects advance, nearby neighborhoods may begin to see gradual shifts in how demand forms.

Buyer-Friendly Conditions Shape Pricing Strategy

Austin’s year-over-year price change came in around 1.4%, keeping the market relatively approachable compared to many larger U.S. cities. Newsweek recently ranked several Texas metros among the nation’s most buyer-friendly markets, and Austin’s trends reflect that. On average, homes have been selling for about 92% of their original list price, while Realty Austin Compass listings achieved 97.1% of the original list price and sold 3 days faster than the MLS average. This gives buyers room to negotiate while still rewarding sellers who prepare and price their homes well. When combined with lower national turnover, these factors create a market where timing and strategy matter more than speed.

“In a market that shifts month to month, having an experienced agent in your corner is what keeps the process moving smoothly for buyers and sellers.” — Jennifer Korba, Senior Agent Success Manager at Realty Austin Compass

Your Next Move Starts Here

As the year winds down, Austin’s market is offering clearer signals and predictable conditions for anyone considering a change. Buyers, sellers, and move-up homeowners all have opportunities to make thoughtful decisions backed by real data and strong local guidance. If you’re thinking about your next step, our team at Realty Austin Compass is ready to help you move with purpose, clarity, and confidence. 

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