The Austin and Central Texas residential real estate market continued to show signs of adjustment in August 2026. Compared with August 2025 and August 2024, home prices and transaction activity remained under pressure, while inventory conditions improved from last year but remained substantially higher than historical levels. Overall, the data points to a market that continues to provide buyers with more choices and negotiating opportunities than in the strong seller-market years.
Median Sale Price Continues to Move Lower
The median sale price in August 2026 was $412,000, down from $444,490 in August 2025, a decline of approximately 7.3%. Compared with August 2024’s $438,990, the median price was also down approximately 6.1%.
Looking at the longer-term August trend, the median sale price has changed significantly:
2022: $496,0392023: $460,0002024: $438,9902025: $444,4902026: $412,000
After a modest price rebound in 2025, August 2026 shows a renewed decline. The current median is approximately 17%