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Real Estate

By the numbers: Home prices cool, rental rates dip in Austin

Lower home prices, rising listings, and rental shifts — here’s what’s new in Austin real estate.

March 17, 2025 • 
Morgan O’Neal
A home in the Bouldin Creek neighborhood in south Austin with a large tree in the front yard beside the mailbox.

Active listings are up, giving buyers more options and negotiating power.

Photo by ATXtoday

Curious about the Austin housing market? Whether you’re buying, selling, or renting, February’s data reveals key trends to know.

A new Unlock MLS report shows home prices are cooling while rental costs are lowering slightly. The report compares data from February 2024 to February 2025, covering single-family homes, condos, and townhomes.

Take a look at the numbers shaping Austin’s real estate landscape.

Sales

  • The median sales price dropped to $430,000 — a 3.9% decrease.
  • Active listings jumped 16.7% to 10,235.
  • 3,826 new listings hit the market — a 6.5% spike.
  • The total sales dollar volume fell 4.9% to $1.05 billion.

Leases

  • The median rent dipped 2.4% to $2,195.
  • Active leases rose 3.5% to 3,899, while new leases dropped 2% to 2,036.
  • The total lease dollar volume was $4.35 million — a 6.2% decrease.

Looking for further insights? Explore more Austin real estate news.

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