Austin Real Estate Market Update – April 2026

Austin Appraisal Factory – Professional Real Estate Appraisals Since 2003

As a certified real estate appraiser serving the greater Austin area since 2003, I’ve witnessed multiple market cycles, and the data for April 2026 continues to show a balanced yet competitive environment.

Drawing from the latest Austin Board of Realtors (ABOR) market statistics, here’s a clear snapshot of current conditions across the Austin-Round Rock-San Marcos MSA and key local areas.

Overall MSA Highlights (Austin-Round Rock-San Marcos)Sales Market  

• 2,648 residential homes sold (↑ 2.0% from April 2025)

• Median sales price: $440,000 (↓ 1.9%)

• Active listings: 11,592 (↓ 15.0%)

• New listings: 5,405 (↓ 6.7%)

• Pending sales: 3,411 (↑ 15.4%)

• Months of inventory: 4.7 (down 0.6 months)

• Total dollar volume: $1.55 billion (↑ 2.4%)

• Average sale-to-list ratio: 94.3% (vs. 94.8% last year)

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The market remains in a balanced-to-slightly-seller-friendly range with under 5 months of inventory. Lower inventory and stronger pending sales suggest continued demand despite modestly softer median prices.

Rental Market  

• 2,631 leases closed (↑ 0.2%)

• Median rent: $2,100 (↓ 4.5%)

• Months of inventory: 1.8 (flat)

• Average lease-to-list ratio: 97.7%

Rental prices eased slightly while lease activity held steady, reflecting good tenant demand in a more affordable environment.

City of Austin

• Sales: 980 homes sold (↑ 8.5%), median price $573,750 (↓ 3.2%), active listings down sharply 24.3% to 3,987, months of inventory at 4.5.

• Leases: Median rent $2,150 (↓ 6.5%), strong pending activity.

Central Austin continues to show resilience with solid sales volume despite fewer listings.County-Level BreakdownTravis County  

• 1,249 homes sold (↑ 4.7%), median $505,000 (↓ 1.9%)

• Active listings down 19.0%, months of inventory 4.8  

• Strong pending sales (↑ 20.4%)

Williamson County  

• 878 homes sold (↓ 1.3%), median $412,490 (↓ 4.1%)

• Months of inventory 4.1 — one of the tighter sub-markets

• Lease median: $2,095 (↓ 2.6%)

Hays County  

• Median sales price $419,990 (↑ 8.8% — notable outlier)

• Months of inventory 4.7  

• Solid growth in pricing despite slightly lower sales volume.

Bastrop County  

• 123 homes sold (↑ 9.8%), median $350,000 (↑ 2.9%)

• Higher months of inventory (7.3) indicates a bit more buyer opportunity.

Caldwell County  

• Strong sales growth (↑ 23.1%) but median price $262,994 (↓ 12.3%)

• Lowest median prices in the region, offering entry-level opportunities.

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What This Means for You

The Austin-area market in April 2026 shows healthy demand with notably lower inventory levels across most areas. While median prices have softened modestly in many locations, certain counties (especially Hays) are still seeing price gains. Homes continue to sell close to list price (90–95% range), and pending contracts are up significantly — signaling that well-priced, updated properties are still moving relatively quickly.

For sellers, low inventory gives you an advantage if your home is in good condition and properly priced. For buyers, the slight price softening and more competitive months-of-inventory in some outlying counties create opportunities, especially for those ready to act.Ready for an Accurate Valuation?

Whether you’re preparing to list, buy, refinance, or simply want to understand your property’s current market value, an independent professional appraisal provides the clarity you need in this evolving market.

At Austin Appraisal Factory, I’ve been delivering trusted, USPAP-compliant appraisals across the Austin metro area for over 22 years. My local expertise and deep market knowledge help clients make confident real estate decisions.

Contact us today for a free consultation or to schedule your appraisal. Let’s navigate this market together with data-driven insights you can trust.