Welcome to your comprehensive guide on the May 2025 Austin Market Update. If you're considering a move to Austin or are curious about the current trends in the real estate market, you're in the right place! We provide insights into the latest statistics, zip code trends, and what they mean for buyers and sellers. Let’s dive into the details!
Table of Contents
- Austin Housing Market Update May 2025: Prices Up or Down?
- Austin Real Estate Stats: Median Home Price & Days on Market
- Housing Market TX County Breakdown: Travis, Williamson, Hays
- Top Austin Zip Codes with Rising Prices May 2025
- Austin Zip Codes Where Prices Dropped May 2025
- What These Austin Housing Market Trends Mean for Buyers and Sellers
- How to Plan Your Move in Austin: Book a Strategy Call + FREE Austin Relocation Guide
- Frequently Asked Questions
Austin Housing Market Update May 2025: Prices Up or Down?
Prices in Austin's real estate market are showing some mixed signals. In one zip code, prices have jumped more than 40%, while another has seen a decline of nearly 18%. This volatility raises the question: is the market rising, falling, or simply confused? Interestingly, some of the most expensive areas in the city are selling faster than more affordable ones. For anyone planning to buy or sell in Austin, understanding these trends is crucial.
Austin Real Estate Stats: Median Home Price & Days on Market
In April 2025, the median home price in Austin was $595,000, which is just shy of a 1% increase from the previous year. However, the number that truly matters is the days on market. Homes in Austin were sitting for a median of 19 days, which is actually 2 days faster than last year. This indicates a market that is still active, even if affordability concerns are at the forefront of buyers’ minds.
As buyers become more selective, the homes that are well-priced and well-prepped are going under contract quickly. Despite fewer sales compared to last year, the market is still showing signs of life. Let’s break it down by county.
Housing Market TX County Breakdown: Travis, Williamson, Hays
Here’s a closer look at the performance of different counties in the Austin area:
- Travis County: The median home price is $520,000, which represents a decrease of about 2.8% from last year. Homes are taking about 25 days to sell, which is slightly longer than last year.
- Williamson County: The median price remains flat at $430,000. Homes are sitting on the market for about 30 days, indicating a slower pace compared to last year.
- Hays County: The median home price here is $395,000, slightly up from last April. However, homes are taking longer to sell, with a median of 42 days on the market.
Top Austin Zip Codes with Rising Prices May 2025
Now, let’s explore the areas where home prices are heating up. Here are the top three zip codes that have seen significant price increases:
- 78731 (Northwest Hills): This area experienced a staggering price jump of over 42%, with a new median home price of just over $1.2 million. Homes are selling in about 44 days, which is impressive for a luxury neighborhood.
- 78751 (North Loop and Hyde Park): Prices are up nearly 31% year-over-year, with a median price of $850,000. Homes are moving quickly here, spending just 8 days on the market.
- Georgetown: The median home price is $486,000, up nearly 7% from the same time last year. Homes here are selling in about 42 days, showing steady growth.
Austin Zip Codes Where Prices Dropped May 2025
On the flip side, some areas are experiencing price declines. Here are the top three zip codes with the largest drops:
- Manor Texas (78653): The median home price dropped by 17.5% to $330,000. However, it’s worth noting that prices have still appreciated significantly over the past five years.
- 78758 (North Austin near Tech Ridge): Home prices fell over 12%, landing at $377,000, with homes taking about 27 days to sell.
- 78756 (Rosedale and Allandale): The median price is at $800,000, down 12.8% since last year. Yet, homeowners here have still gained considerable equity over the years.
What These Austin Housing Market Trends Mean for Buyers and Sellers
So, what does all of this mean for you? If you're a buyer, this market presents a unique opportunity. The increase in days on market means you have more time to make decisions, rather than rushing against multiple offers. For sellers, while there are buyers out there, your home has to be competitively priced, show well, and be marketed effectively to attract attention.
How to Plan Your Move in Austin: Book a Strategy Call + FREE Austin Relocation Guide
If you're considering a move to Austin, we’re here to help you navigate this complex market. Whether your move is in 10 days or 10 months, having a clear plan is essential. You can book a Zoom call with us to discuss your needs in detail. We also offer a FREE Relocation Guide that covers everything you need to know about moving to Austin and the surrounding suburbs.
FAQs About May 2025 Austin Market Update
Is the Austin real estate market cooling down?
While some areas have seen price drops, others are experiencing significant growth. Overall, the market is more balanced than it has been in recent years.
What should I know before moving to Austin?
Understanding the local neighborhoods, market trends, and property values is crucial. Our free relocation guide can help you with this.
How long do homes typically stay on the market in Austin?
As of April 2025, homes in Austin are selling in a median of 19 days, which is faster than the previous year.
What are the best neighborhoods to invest in right now?
Areas like Northwest Hills and North Loop are currently seeing strong price increases, making them attractive options for buyers.
In conclusion, the May 2025 Austin Market Update reveals a dynamic real estate landscape that is both challenging and full of opportunities. Whether you’re looking to buy or sell, understanding these trends will help you make informed decisions.
