Downtown Austin Skyline & Lady Bird Lake
$414,900
Median Sold Price
69 days
Avg. Time on Market
What This Means for a Buyer's Payment
Est. Payment — 20% Down
~$2,156/mo
$414,900 home · $331,920 loan · principal & interest only
Est. Payment — 5% Down
~$2,590/mo
$414,900 home · $394,155 loan · principal & interest only (PMI not included)
Current Avg. Market Rate — 30-Yr Fixed
6.76%
Rate shown is a national average market rate, not a quoted or guaranteed rate. Your actual rate, loan terms, and payment will be determined by your individual qualifying factors (credit, income, down payment, loan type, and more) during the mortgage application process. Estimates above use principal & interest only — taxes, insurance, and HOA dues will add to the actual monthly payment. Rate source: Freddie Mac Primary Mortgage Market Survey, week of 9/10/2026. Price & market data: Austin Board of REALTORS® / Unlock MLS, as of 9/2/2026.
Local Market Facts
Buyer Leverage
Austin's median sold price is down about 24% from its May 2022 peak — buyers today have real negotiating room that didn't exist a few years ago.
Inventory
Nearly 17,000 homes are actively listed across the Austin-area MLS, giving buyers more selection than almost any other major Texas metro.
Fun Fact
Austin is the self-proclaimed "Live Music Capital of the World" — home to more live music venues per capita than any other U.S. city.
Fun Fact
"Keep Austin Weird" started as a bumper sticker slogan supporting local businesses — it's now practically the city's official motto.
Happening Locally
Austin City Limits Music Festival — 25th Anniversary
Two weekends (Oct 2–4 & 9–11) at Zilker Park — right in the neighborhood for anyone touring homes nearby this fall.
The Takeaway
Talking Point
"With prices down roughly a quarter from the 2022 peak and more homes on the market than buyers have seen in years, Austin is quietly one of the more buyer-friendly moments this city has offered in over a decade."
