The Downtown Austin housing market is not very competitive. The median sale price of a home in Downtown Austin was $872K last month, up 2.0% since last year. The median sale price per square foot in Downtown Austin is $838, down 8.7% since last year.
What is the housing market like in Downtown Austin today?
In April 2024, Downtown Austin home prices were up 2.0% compared to last year, selling for a median price of $872K. On average, homes in Downtown Austin sell after 91 days on the market compared to 80 days last year. There were 42 homes sold in April this year, down from 48 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$872,175
+2.0% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Downtown Austin, TX
$872,175
+2.0%
United States
To compare other locations to the Downtown Austin and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Austin add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Downtown Austin housing market?
Downtown Austin is not very competitive. Homes sell in 76 days.
0
100
18
Not Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Multiple offers are rare.
The average homes sell for about 4% below list price and go pending in around 76 days.
Hot homes
can sell for around list price and go pending in around 43 days.
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Downtown Austin, TX
97.0%
+1.6 pt
United States
Home offer insights for Downtown Austin
Explore recent offers and recently sold homes in Downtown Austin
Recent offers
Schools in Downtown Austin
Learn about schools in the Downtown Austin area
Elementary
Middle
High
GreatSchools Rating
5/10
Sanchez Elementary School
Public • PreK-5
218
Students
4 reviews
NR
Austin St Hospital
Public • 5-12
15
Students
N/A
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Downtown Austin housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Downtown Austin.
Risk Factor
Flood Factor - Major
31% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown Austin has a major risk of flooding. 281 properties in Downtown Austin are likely to be
severely affected
by flooding over the next 30 years. This represents 31% of all properties in Downtown Austin. Flood risk is increasing slower than the national average.
5% of properties are at risk of wildfire over the next 30 years
Fire Factor
Downtown Austin has a moderate risk of wildfire. There are 69 properties in Downtown Austin that have some risk of being affected by wildfire over the next 30 years. This represents 5% of all properties in Downtown Austin.
99% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
Downtown Austin has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Downtown Austin is most at risk from hurricanes. 1,320 properties in Downtown Austin have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 99 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 106 mph.
100% of properties are at severe
risk of heat over the next 30 years
Heat Factor
Downtown Austin has a severe risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Downtown Austin have a Severe Heat Factor®.
Downtown Austin is expected to see a 257% increase in the number of days over 108ºF over the next 30 years. Downtown Austin is expected to experience 10