Austin Housing Market Update – June 2025: Home Prices, Inventory & Trends

What’s happening with home prices in Austin, Texas right now? Is the summer market heating up or cooling down?

If you're planning to buy or sell real estate in Austin, Texas, understanding the June 2025 housing market update is essential. This report pulls fresh data from Unlock MLS to highlight the latest trends, including home prices, inventory levels, days on market, and buyer activity. Whether you're a homeowner, investor, or first-time buyer, here’s what you need to know.

Quick Snapshot: Austin Housing Market in June 2025

• Median Sale Price: $583,000 (down 1.2% YoY)

• Average Price per SqFt: $355 (down 1.4% YoY)

• Total Sales: 981 homes (up 12.2% YoY)

• Average Sale Price: $784,810 (up 3.2% YoY)

• Median Days on Market (DOM): 32 days (up 7 days YoY)

• % of Sales Below Asking: -2.89%

• List-to-Close Ratio: 93.82%

• Inventory: 5.72 months of supply

• Active Listings: 5,616

• Price Reductions: 58% of listings had price drops (avg. drop: 8%)

Are Austin Home Prices Going Up or Down?

The median home price in Austin for June 2025 sits at $583,000, reflecting a 1.2% decrease year-over-year, yet prices are holding fairly steady month-to-month. Meanwhile, the average sale price increased to $784,810, indicating stronger movement in higher-end segments.

Price per square foot landed at $355, slightly down from last year but still showing overall market stability.

Buyer Activity Is Picking Up

Despite higher interest rates, buyer demand is strong as we move deeper into summer:

• New Pending Contracts: 1,705 (up 16.3% YoY)

• New Listings: 1,744 (up 3.7% YoY)

Mid-range homes between $300K and $600K are especially active, with many receiving offers within 3 to 4 weeks of listing.

Homes Are Taking Longer to Sell

Compared to a year ago, homes are sitting on the market longer:

• Median Days on Market: 32 days (vs. 25 days in June 2024)

• Average DOM: 49 days

Luxury listings (above $1M) are seeing even longer times on market, with 43+ DOM common.

Price Cuts & Inventory Shifts

With 5.72 months of housing supply, the Austin market is leaning toward a balanced environment, no longer strongly favoring sellers. Here's what that looks like:

• 58% of active listings had price reductions

• Median time to price cut: 17 days on market

• Average reduction: 8%

This signals that proper pricing from day one is crucial, especially in higher price points where competition and buyer hesitation are more pronounced.

Performance by Price Range

Buyers in the mid-range are finding more opportunities without as much competition, while high-end listings require stronger negotiation and patience.

Year-to-Date Summary – Austin Real Estate

As of July 8, 2025:

• Total Sales: 5,191 (down 5.2% YoY)

• Total Volume: $4.01B (down 2.7% YoY)

• Median YTD Sale Price: $579,690 (up 1.2% YoY)

• Average Price per SqFt YTD: $354.15 (down 2.2% YoY)

• New Listings: 11,560 (up 10.7% YoY)

• New Pending Contracts: 8,858 (up 6.9% YoY)

Final Thoughts from Colt Yancey

As of June 2025, Austin’s real estate market is stabilizing, continuing its shift from the pandemic-era volatility toward a more balanced environment. Over the past year and a half, we’ve seen a significant adjustment in pricing, buyer expectations, and listing strategy.

Buyers now have more options and flexibility than they did during the peak, while sellers must approach the market with accurate pricing, thoughtful presentation, and realistic timelines.

As a Realtor here in Austin, Texas, I’m here to help you make sense of these shifts and guide you through your next move—whether you're investing, relocating, or simply planning ahead.

Want to know how this market affects your property or search? Let’s talk.

– Colt Yancey
Realtor® | Teamly Realty
Austin, Texas Real Estate

FAQ: Austin Housing Market – June 2025

Are Austin home prices dropping?
Yes, the median price dropped 1.2% year-over-year, but average sales and buyer demand remain strong.

Is it a buyer's or seller's market in June 2025?
Inventory at 5.72 months indicates a balanced market, slightly leaning in buyers’ favor.

How fast are homes selling in Austin?
The median time on market is 32 days, with high-end homes sitting longer.

What price points are most active?
Homes priced between $300K–$599K are selling fastest and with minimal discounts.

Are sellers having to negotiate more?
Yes. Homes sold at 2.89% below list on average, and 58% of active listings had a price cut.

This content is provided for general informational purposes only and should not be considered legal, financial, tax, or investment advice. I am not an attorney, accountant, or financial advisor. Real estate laws and market conditions vary by location and are subject to change without notice. All information should be independently verified. Always consult with a licensed attorney, tax professional, or financial advisor for guidance specific to your situation.