How Competitive is the Southeast Austin, TX Housing Market?
Southeast Austin isn't a very competitive housing market right now. Just 10% of homes sold above list in the 3 months ending June 2026, with most buyers negotiating below asking.
The National Picture
Nationally, about a quarter of homes sold above asking in June 2026, and the typical listing spent 50 days on market before going under contract. Southeast Austin trails the national average with a 9.7% overbid rate and 41 days on market—buyers face less urgency here.
Fewer Homes Sell Above Asking Than Last Year
The average home in Southeast Austin sold for 96.8% of its list price, and about 17.4% of listings went under contract within two weeks. Nearby Franklin Park (13.3% sold above, 47 days on market) draws slightly more bidding activity, while Windermere (13.3% sold above) offers buyers more competition for desirable listings.
Why Isn't Southeast Austin, TX Very Competitive?
Southeast Austin isn't very competitive because buyer willingness to pay above asking has pulled back sharply from last year. Active listings fell 1% year over year to 97, while pending sales declined 7% to 34. The 5.6 months of supply indicates a relatively balanced market, though most buyers can negotiate without intense pressure. Homes are selling 8 days faster than a year ago, reflecting heightened buyer urgency.
Nearby Neighborhoods
| Neighborhood | Sold Above List | Sale-to-List | Days on Market | Off Market in 2 Wks |
|---|---|---|---|---|
| Southeast Austin ★ | 9.7% | 96.8% | 41 days | 17.4% |
| Franklin Park | 13.3% | 96.7% | 47 days | 24.7% |
| Windermere | 13.3% | 96.6% | 38 days | 44.4% |
| South Congress | 9.7% | 96.5% | 48 days | 20.9% |
| Garrison Park | 2.1% | 95.7% | 49 days | 26.0% |
| Greater South River City | 2.9% | 96.2% | 42 days | 31.0% |
Limited to neighborhoods with at least 10 home sales in the period.
All data comes from Redfin and represents a three-month rolling average ending June 2026. This article has been generated, in whole or in part, using generative artificial intelligence (AI) technology, with input from Redfin head of economics research Chen Zhao. While efforts have been made to ensure the accuracy and reliability of this information, you should independently verify all data, facts, and citations contained in this article before relying on it for any purpose. This information is not a substitute for advice from a real estate agent, financial advisor, or other licensed professional. Check the Redfin Data Center for additional in-depth housing market data.
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