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Austin Housing Market July 2026 - Keenan Group Austin Real Estate

Austin Housing Market July 2026

Quarterly Market Reports

#1 ABoR Team 2024$1B+ Career Sales1,000+ Homes Sold

Austin housing market data for July 2026 - citywide median price $601,496, days on market, inventory, plus the $2M+ luxury tier per the Keenan Luxury Market Index.

Joe & Cara Keenan, Keenan Group at Compass3 min readmarket-reports

Current data: see our live [Austin market report](/market-report).

The Austin housing market in July 2026: the citywide median sale price is $601,496, or $297 per square foot. Homes are taking a median of 37 days to sell, with about 3,059 active listings on the market, or roughly 4.8 months of supply. Homes are closing at about 92.9% of list price. Here is what the numbers say, and what they mean if you are buying or selling this summer.


What is the Austin housing market doing in July 2026?

The median Austin home is selling at $601,496, or $297 per square foot. At 4.8 months of supply, the market still leans toward sellers, since anything under six months of inventory does. But the margin is thin: homes priced to current comps move, and homes priced to 2022 peaks sit.


Austin home prices and days on market

MetricJuly 2026
Median sale price$601,496
Price per square foot$297
Median days on market37 days
Active listings3,059
Months of supply4.8
Sale-to-list92.9%

A median of 37 days on market means a well-priced home goes under contract in about five weeks. Buyers have room to negotiate where a listing has sat past that mark.


The Austin luxury market ($2M+) in July 2026

The top of the market moves on its own clock. Per the Keenan Luxury Market Index, homes closing above $2M run a median of $672 per square foot, up 1.1% year over year, at a median sale price of $2,730,000. They take about 53 days to sell, at 15.3 months of supply. That inventory sits in Westlake Hills, Tarrytown, Barton Creek, Rollingwood, Pemberton Heights, and on Lake Austin. At 15.3 months of supply the luxury market favors buyers, and sellers who price to current comps are still closing at about 91.9% of list.


What it means if you are buying or selling

For sellers: price to what is closing now, not to a 2022 record, and the data says you still sell. Keenan Group's own listings go under contract in a median of 13 days, faster than the market, because we set the price and the marketing to current demand.

For buyers: you have selection and negotiating room, most of all above $2M and on any home listed past the median days on market. Move on the ones priced to today.


Common questions

Is now a good time to buy or sell a home in Austin?

Both, for different reasons. Sellers still close when priced to current comps at 4.8 months of supply citywide. Buyers have real selection and leverage, most of all in the $2M+ tier where supply runs 15.3 months.

What is the median home price in Austin right now?

$601,496, or $297 per square foot, as of July 2026.

How long do homes take to sell in Austin?

A median of 37 days citywide. Well-priced homes go faster; overpriced ones sit past the median.

What is the Austin luxury market doing?

Per the Keenan Luxury Market Index, the $2M+ tier runs $672 per square foot, up 1.1% year over year, and takes about 53 days to sell with more supply than the broader market, so pricing to current comps matters most at the top.


*Data as of July 2026, from MLS/ACTRIS records computed with Keenan Group's polygon-based analytics. For live figures, see our Austin market report. Authored by Joe and Cara Keenan, Keenan Group at Compass, the #1 team at the Austin Board of Realtors in 2024.*

*Prior editions: Austin Housing Market March 2026.*

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Written by the Keenan Group - Joe Keenan and Cara Keenan, Austin's #1 real estate team (Austin Board of Realtors 2024). 25+ years, 1,000+ transactions, $1B+ career sales.

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