Are Home Prices Rising or Falling in Southeast Austin, TX?

Southeast Austin, a neighborhood in Austin, TX, is an appreciating housing market. Here's a look at what's behind the numbers and what it means for you.

The National Picture

Home prices across the United States rose 2% year over year in the three months ending August 2026, bringing the national median to $398,596. The typical U.S. household earns about $87,599 a year and spends roughly 34% of income on housing, down about 2 percentage points from a year ago. About 20% of listings have had a price drop, there are roughly 4 months of supply on the market, and homes spend a median of 50 days before going under contract.

Home Prices in the Austin Area

Across the Austin metro, the median sale price sits at about $414,000, down 6% from a year ago. The typical metro-area household earns around $109K and puts about 34% of that toward housing, down about 2 percentage points from last year. With 4-plus months of supply and homes sitting on the market for 73 days, Austin has shifted toward a buyer-friendly environment where affordability is improving.

Prices Edge Up in an Affordable Pocket

Southeast Austin's median sale price rose about 9% from last year to $347,282, well below both the Austin metro median and the national median. At this price point, a household earning the metro median of $109K would find this area considerably more accessible than much of the region. About 53% of listings have had a price cut, and homes take a median of 59 days to sell. Only about 13% of sales closed above asking, with the typical sale at 96% of list price. Nearby Franklin Park saw a similar gain at 11%, while Windermere posted a 13% decline.

Why Are Prices Rising in Southeast Austin?

Despite nearly 6 months of supply, prices in Southeast Austin are ticking up. Active listings fell 14% from last year, and new listings dropped 20%, meaning fewer homes are coming to market. Pending sales also declined about 17%, so both supply and demand have contracted — but supply has shrunk faster. That tightening, combined with the area's relative affordability, has given sellers enough leverage to push prices modestly higher.

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 August 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.