Jan 14, 2025
This story is part of the KXAN Data Hub, where numbers help tell the whole story.We've created several data-driven stories and databases on topics including weather and climate, politics, education, sports and growth in Texas. Each story in the KXAN Data Hub is updated as new data becomes available. AUSTIN (KXAN) — For years, the Austin area has been one of the most sought-after metros in the country when it comes to real estate. Exacerbated by the COVID-19 pandemic, home prices in the area soared to record highs in 2022, as the number of homes on the market plummeted. At KXAN, we're keeping track of home prices, and several other data points, to help buyers and sellers stay on top of trends in the market. The charts below will be updated each month as new data is released by Unlock MLS, Zillow and Realtor.com. GROWTH IN TEXAS: These were the fastest-growing counties in 2023 How much are homes selling for? Unlock MLS releases data each month showing the median sale price for homes in each county in the Austin metro area: Bastrop, Caldwell, Hays, Travis and Williamson. Sales within the City of Austin itself are also shown on the chart below. As of December 2024, the median sales price for the Austin metro as a whole was $450,000, up 1.4% year-over-year. The median sales price is highest in the city of Austin itself, at $575,000, and lowest in Caldwell County, at $275,000. How long are homes taking to sell? Unlock MLS also tracks how long homes are taking to sell in the Austin metro as a whole. As of December 2024, homes in the Austin metro are on the market for an average of 80 days. Realtor.com has more localized data, showing how long homes are taking to sell in each zip code across the KXAN viewing area. As of December 2024, homes in 78622 are on the market for the longest (average of 278 days), while homes in 76869 are on the market for the shortest amount of time (average of one day). How many homes are for sale? The chart below has data from Unlock MLS showing how many active listings are were in each of the metro's counties. As of December 2024, there are 8,494 active listings across the Austin metro. Travis County has the most, with 3,893 active listings. Unlock MLS also tracks how many homes are newly listed each month. The chart below shows large seasonal variations, with more homes typically listed during summer months and fewer during winter months. In December 2024, 2,070 new homes were listed across the Austin metro. Travis County had the most new listings, at 860. The chart below shows the months of housing inventory in each county in the Austin metro. Unlock MLS defines this as the number of months it would take for all homes currently on the market to sell, given the current sales pace. As of December 2024, the Austin metro as a whole had 3.8 months of housing inventory. Bastrop County has the most, at 5.3 months, while Williamson County has the least, at 3.2 months of inventory. How much are homes worth? Each month, real estate website Zillow releases new data showing home values across the country. The map below shows the 'Zillow Home Value Index' in each local zip code — a measure of the value of a typical home. As of December 2024, homes in 78746 are worth the most, with a typical home value of $1,640,540.34. Homes in 76877 are worth the least, with a typical home value of $168,706.47. Unlock MLS, Realtor.com and Zillow all release new housing market data each month. The charts in this story will be updated as new data becomes available.
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