Is North Austin, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, North Austin has remained a Seller's Market.
Housing Prices in North Austin, TX
How much do homes in North Austin, TX cost?
Median Sold Price
$458,321
$277/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in North Austin was $458,321 in April 2024, down 7.4% from last year, and the median price per square foot was $277.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $242K | $201.7K | -16.6% |
2 Bedrooms | $339K | $307.5K | -9.3% |
3 Bedrooms | $478.3K | $450K | -5.9% |
4 Bedrooms | $575K | $530K | -7.8% |
5+ Bedrooms | $660K | $561.8K | -14.9% |
Summary: North Austin housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16.6%, 2 bedroom homes decreased by 9.3%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes decreased by 7.8%, and 5+ bedroom homes decreased by 14.9%.
Housing Supply in North Austin, TX
How many homes are available in North Austin, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
377 | 454 | +20.4% |
Summary: The North Austin real estate market had 454 homes for sale in April 2024, a 20.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 9 | 11 | +22.2% |
2 Bedrooms | 43 | 44 | +2.3% |
3 Bedrooms | 215 | 258 | +20.0% |
4 Bedrooms | 96 | 122 | +27.1% |
5+ Bedrooms | 14 | 19 | +35.7% |
Summary: The North Austin housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 22.2%, 2 bedroom homes increased by 2.3%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 27.1%, and 5+ bedroom homes increased by 35.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
86 | 99 | +15.1% |
Asking Price vs. Sold Price
57 Homes Were Sold
Under Asking
21 Homes Were Sold
At Asking
21 Homes Were Sold
Over Asking
Summary: A total of 99 homes were sold or pending in North Austin in April 2024, up by 15.1% month-over-month. Of the 99 sold homes, 58% were sold under asking, 21% were sold at asking, and 21% were sold over asking.
Days on Market for North Austin, TX
How long does it take to sell a home in North Austin, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
49 Days | 30 Days | -37.9% |
Summary: Homes in North Austin had an average of 30 days on market in Apr 2024, down by 37.9% compared to last year.
Breakdown of Home Sale Times
72 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Summary: During April 2024, 99 homes were sold in North Austin; 73% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.