Luxe Austin Homes - median home price

"230 homes sold across Georgetown's 3 area ZIP codes in July"

Community Impact reports, "This July, 230 homes sold across Georgetown's three area ZIP codes, according to recently released data from the Austin Board of Realtors and Unlock MLS.

Diving in deeper

While this is the same number of homes that sold in July 2024, the distribution of homes sold across each ZIP code varied.

ZIP code 78626 saw nine more homes sold year over year, while ZIP code 78628 and 78633 saw two and seven home declines, respectively.

The majority of all homes sold—137 of them across all three ZIP codes—sold for between $300,000-$499,999. However, homes sold at each of the following price points.

By the numbers

The median price of homes sold declined in two of Georgetown's three area ZIP codes, while ZIP code 78633…

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"Homebuyers are gaining leverage — but the minimum income to buy is surging"

Austin Business Journal writes, "Americans now need to earn $114,000 per year to afford a median priced home.

That's an increase of 70.1% above the $67,000 required to afford that same mid-range home in 2019, according to data from Realtor.com. It's an increase driven by sky-high appreciation, persistent supply constraints and stubbornly high interest rates, among other factors — and the dynamic continues to weigh heavily on the housing market, even as buyers gain leverage.

The data looked at median home prices each April for the past six years.

“Even with today’s affordability hurdles, meaningful changes in the market could give buyers a better shot at finding a home,” said Danielle Hale, chief economist at Realtor.com. “The number of homes…

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"Shopping for a home? Texas city scores largest influx of new listings"

MYSA writes, "In the market for a new home? What better place than right here in Central Texas.

Two Texas cities ranked among the best in the nation for the largest price slashes within their respective housing markets, marking a real estate haven for first-time homebuyers and more experienced house hunters, according to a report from Realtor.com released on Monday, June 23. Both the South and the West led the way in the biggest cost cuts, with Phoenix ranking supreme with 31.3% of its Arizona home listings featuring a price cut.

Coming in second was Tampa with a 29.9% slash in home listing costs, with Denver trailing slightly behind at a 29.4% share of listings featuring reduced prices. In fourth place, Texas made its mark with the capital city,…

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"Here's where home prices grew the most in Q1 as affordability worsens for many Americans"

Story Highlights

• The National Association of Realtors says 83% of metro areas saw their single-family home prices grow in Q1.
• Nationally, the median single-family home price grew 3.4% in the first quarter.
• The Northeast performed the best in sales and price gains while the South lagged.

Austin Business Journal writes, "The U.S. housing market may be showing signs of softening but in most cities, single-family homes only got more expensive at the start of 2025.

A new report by the National Association of Realtors found 83% of metro areas tracked by the NAR saw their existing single-family home prices increase in the first quarter of 2025. While down from the 89% of metro areas that saw price growth in the fourth quarter of…

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"Real estate agents see shift in priorities within housing-market decisions"

Austin Business Journal shares, "A substantial number of real estate agents believe climate change is affecting homebuyer decisions, and the impact is getting stronger in certain parts of the country.

Among real estate agents surveyed in real estate firm Redfin Corp.'s 2025 Industry Survey, 39% of the respondents said they believe climate change is impacting to at least some degree consumer choices about where to live and what homes to buy. That total included 13.2% who “completely agree” that climate change was impacting choices, and 25.8% who “somewhat agree.”

The 39% total is more than the 35.8% who "somewhat disagree" or "completely disagree." The balance of the respondents did not offer an opinion on the topic.

The number of respondents…

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"March median home prices drop year over year in Cedar Park"

Community Impact shares, "The median home sale price in the Cedar Park and Far Northwest Austin areas declined slightly for March 2025 when compared to the previous year.

The median home price in March 2024 was about $530,233, compared to $500,000 in 2025. The number of new and active listings also increased, while the region showed a slight decline in closed sales and homes under contract.

The 78726 ZIP code in northwest Austin saw a steep decrease in the number of homes sold when compared to the same time in 2024. The region dropped by 55.56% year over year, dropping from nine houses sold in 2024 to only four in 2025. The 78641 ZIP code, encompassing parts of Cedar Park and Leander, also saw a decline, dropping 19.58%, while other ZIP codes showed…

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"Central Austin homes continue to spend more time on market year over year"

Community Impact Austin reports, "Homes in Central Austin spent 19.7% more time on the market in January 2025 compared to January 2024, according to data from the Austin Board of Realtors. Median home prices only saw a slight increase year over year, with the largest share sold in the $900,000 and over price range.

The details

Median home prices slightly increased year over year by 1.42%. Homes in 78756 saw the largest price increases year over year, by 84.31%, and homes in the 78701 ZIP code saw the largest decrease in price, by 57.78%.

In January 2025, the largest share of homes sold in Central Austin were in the $900,000 and over price range. This is similar to last month.

Homes spent 19.7% more time on the market year over year. Out of the…

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"Millennials desperate for affordable homes are willing to make surprising concessions"

Austin Business Journal reports, "Few millennials believe their generation can afford a home, and some are so desperate for an affordable purchase they would be willing to buy a home with serious defects.

According to a new survey of millennials by Clever Real Estate, just 21% of millennials believe their generation can afford a home, a substantial decline from 52% who said the same in early 2024. Additionally, 96% of respondents said they have concerns about purchasing a home, with 44% saying they're worried about finding an affordable home — up from 35% in 2024.

The report notes that the median home price is about $420,000, but 68% of millennials who want to buy a home in 2025 want to spend less than $400,000. That's up from 57% who planned to…

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"Homebuyers can afford to be picky as Austin housing inventory rises"

CultureMap Austin shares, "The latest real estate report from Unlock MLS and the Austin Board of Realtors (ABoR) has revealed housing inventory is still on a steady rise in the Austin-Round Rock-San Marcos MSA, creating more choices for potential homebuyers as they navigate a high interest rate market.

Residential home sales dipped by a mere 1.5 percent year-over-year from October 2023, amounting to 2,248 closed sales in the Austin-Round Rock-San Marcos MSA. Median prices have also dropped to $430,000, or 3.2 percent less than this time last year. More than 3,300 new home listings were added on the market — a 7.4 percent increase from 2023 — bringing the total number of active home listings to 11,599.

According to Unlock MLS and ABoR housing…

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"Southwest Austin, Dripping Springs homes spent more time on market in September year over year"

Community Impact reports, "the average days spent on the market for Southwest Austin and Dripping Springs homes saw significant increases in September 2024 compared to September 2023 in all but three of the market’s eight ZIP codes, according to data from the Austin Board of Realtors.

The details

In the 78736 ZIP code, the average time spent on the market soared by over 200%. Slight decreases were seen year over year in the 78737, 78748 and 78749 ZIP codes.

Median home prices saw slight decreases from September 2023 to September 2024 in all but the 78735 and 78745 ZIP codes, which saw increases.

The year-over-year change in number of homes sold varied by each ZIP code, with 78739 seeing an increase in 90% and 78745 seeing a decrease of over…

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