Central Texas housing market steadies in first half of 2025 despite early-year headwinds

According to the June and Mid-Year 2025 Central Texas Housing Report released by Unlock MLS, closed sales in the Austin-Round Rock-San Marcos MSA rose 2.8% to 2,823 sales compared to June 2024, while the median sales price remained flat at $449,900. Year-to-date, closed sales dipped 5.3% to 14,643 sales, a decline that was anticipated following early-year economic uncertainty. As inventory rises and market activity gradually levels out, the Central Texas housing market continues to demonstrate signs of stability heading into the second half of the year.

Vaike O’Grady, research advisor at Unlock MLS, said the data reflects a market that’s steadily finding its footing.

“The Central Texas housing market is continuing a gradual adjustment following a subdued start to the year, with current indicators signaling movement toward a more balanced environment. Although year-to-date sales remain below 2024 levels, the rate of decline has moderated, and rising inventory is expanding buyer choice.”

She added, “At the same time, the median sales price has held steady, underscoring ongoing demand and reinforcing long-term confidence in the Austin market. Mortgage rates are expected to stay relatively stable, meaning sellers will need to remain flexible on pricing to maintain progress, particularly as affordability remains a significant hurdle for many first-time buyers. With close to 15,000 homes sold year to date, the market is potentially positioned to close the gap with last year’s pace if these trends continue.”

Brandy Wuensch, 2025 Unlock MLS and ABoR president, noted that real estate agents continue to play a critical role in helping clients succeed in a more complex market.

“We’ve reached a point in the year where housing market conditions are leveling off, but it’s never been clearer than before that there isn’t a one-size-fits-all approach when it comes to buying or selling a home in Central Texas. Whether it’s helping sellers position their homes competitively or advising buyers on affordability and timing, real estate agents are at the center of the market’s return to balance.”

Austin-Round Rock-San Marcos MSA

June 2025 Sales

2,823 – Residential homes sold, 2.8% more than June 2024.$449,900 – Median price for residential homes, flat compared to June 2024.4,562 – New home listings on the market, 4.8% more than June 2024.15,360 – Active home listings on the market, 18.2% more than June 2024.2,706 – Pending sales, 3.5% more than June 2024.5.5 – Months of inventory, 0.7 months more than June 2024.$1,655,124,625 – Total dollar volume of homes sold, 4.5% more than June 2024.93.9% – Average close to list price, compared to 94.8% in June 2024.

Year to Date Sales

14,643 – Residential homes sold, 5.3% less than the first half of 2024.$439,970 – Median price for residential homes, 2.2% less than the first half of 2024.28,560 – New home listings on the market, 8.4% more than the first half of 2024.76,148 – Active home listings on the market, 19.9% more than the first half of 2024.15,881 – Pending sales, 3.6% less than the first half of 2024.$8,457,166,687 – Total dollar volume of homes sold, 5.2% less than the first half of 2024.

Year to Date Leases

13,382 – Closed leases, 2.6% more than the first half of 2024.$2,250 – Median price for rent, 2.0% less than the first half of 2024.17,864 – New lease listings on the market, 3.0% more than the first half of 2024.26,527 – Active lease listings on the market, 3.8% more than the first half of 2024.15,529 – Pending leases, 5.4% more than the first half of 2024.$27,267,617 – Total dollar volume of leases, 3.6% less than the first half of 2024.

City of Austin

June 2025 Sales

979 – Residential homes sold, 12.9% more than June 2024.

$587,000 – Median price for residential homes, 0.5% less than June 2024.1,716 – New home listings on the market, 3.9% more than June 2024.5,941 – Active home listings on the market, 17.7% more than June 2024.893 – Pending sales, 2.9% more than June 2024.5.7 – Months of inventory, 1.6 months more than June 2024.$770,636,459 – Total dollar volume of homes sold, 16.7% more than June 2024.93.8% – Average close to list price, compared to 94.3% in June 2024.

Year to Date Sales

5,005 – Residential homes sold, 4.5% less than the first half of 2024.$580,000 – Median price for residential homes, 1.8% more than the first half of 2024.11,062 – New home listings on the market, 11.0% more than the first half of 2024.28,300 – Active home listings on the market, 20.6% more than the first half of 2024.5,409 – Pending sales, 3.0% less than the first half of 2024.$3,864,592,321 – Total dollar volume of homes sold, 1.9% less than the first half of 2024.

Year to Date Leases

6,272 – Closed leases, 1.2% more than the first half of 2024.$2,450 – Median price for rent, 2.0% less than the first half of 2024.8,462 – New lease listings on the market, 0.9% less than the first half of 2024.13,184 – Active lease listings on the market, 4.0% less than the first half of 2024.7,678 – Pending leases, 4.4% more than the first half of 2024.$15,895,965 – Total dollar volume of leases, 0.5% less than the first half of 2024.

Travis County

June 2025 Sales

1,261 – Residential homes sold, 4.0% more than June 2024.$525,000 – Median price for residential homes, 0.9% more than June 2024.2,194 – New home listings on the market, 3.7% more than June 2024.7,737 – Active home listings on the market, 17.0% more than June 2024.1,182 – Pending sales, 2.3% more than June 2024.5.8 – Months of inventory, 0.3 more than June 2024.$908,751,967 – Total dollar volume of homes sold, 8.6% more than June 2024.93.8% – Average close to list price, compared to 94.2% in June 2024.

Year to Date Sales

6,562 – Residential homes sold, 5.3% less than the first half of 2024.$510,000 – Median price for residential homes, 1.9% less than the first half of 2024.14,177 – New home listings on the market, 9.4% more than the first half of 2024.37,578 – Active home listings on the market, 18.2% more than the first half of 2024.7,044 – Pending sales, 4.4% less than the first half of 2024.$4,642,993,942 – Total dollar volume of homes sold, 3.9% less than the first half of 2024.

Year to Date Leases

7,313 – Closed leases, 3.5% more than the first half of 2024.$2,395 – Median price for rent, 0.2% less than the first half of 2024.9,793 – New lease listings on the market, 0.6% more than the first half of 2024.15,567 – Active lease listings on the market, 0.7% less than the first half of 2024.8,740 – Pending leases, 6.0% more than the first half of 2024.$17,698,012 – Total dollar volume of leases, 0.8% more than the first half of 2024.

Williamson County

June 2025 Sales

933 – Residential homes sold, 2.4% less than June 2024.$424,784 – Median price for residential homes, 2.3% less than June 2024.1,433 – New home listings on the market, 5.9% more than June 2024.4,616 – Active home listings on the market, 27.1% more than June 2024.933 – Pending sales, 0.6% more than June 2024.4.8 – Months of inventory, 0.9 more than June 2024.$455,728,369 – Total dollar volume of homes sold, 4.9% less than June 2024.94.1% – Average close to list price, compared to 95.4% in June 2024.

Year to Date Sales

4,990 – Residential homes sold, 6.7% less than the first half of 2024.$420,000 – Median price for residential homes, 2.3% less than the first half of 2024.8,850 – New home listings on the market, 10.0% more than the first half of 2024.22,647 – Active home listings on the market, 27.4% more than the first half of 2024.5,389 – Pending sales, 5.2% less than the first half of 2024.$2,396,234,413 – Total dollar volume of homes sold, 8.1% less than the first half of 2024.

Year to Date Leases

4,508 – Closed leases, 1.9% more than the first half of 2024.$2,195 – Median price for rent, 0.2% less than the first half of 2024.6,027 – New lease listings on the market, 6.4% more than the first half of 2024.7,920 – Active lease listings on the market, 11.3% more than the first half of 2024.5,045 – Pending leases, 4.9% more than the first half of 2024.$7,547,514 – Total dollar volume of leases, 9.3% less than the first half of 2024.

Hays County

June 2025 Sales

471 – Residential homes sold, 11.9% more than June 2024.$368,632 – Median price for residential homes, 5.9% less than June 2024.691 – New home listings on the market, 10.7% more than June 2024.2,061 – Active home listings on the market, 7.0% more than June 2024.424 – Pending sales, 9.3% more than June 2024.4.1 – Months of inventory, 0.9 months less than June 2024.$227,395,408 – Total dollar volume of homes sold, 8.4% more than June 2024.93.5% – Average close to list price, compared to 95.1% in June 2024.

Year to Date Sales

2,276 – Residential homes sold, 0.8% more than the first half of 2024.$374,555 – Median price for residential homes, 2.7% less than the first half of 2024.4,027 – New home listings on the market, 6.7% more than the first half of 2024.10,880 – Active home listings on the market, 11.4% more than the first half of 2024.2,542 – Pending sales, 4.4% more than the first half of 2024.$1,100,833,670 – Total dollar volume of homes sold, 1.7% less than the first half of 2024.

Year to Date Leases

1,258 – Closed leases, 2.9% more than the first half of 2024.$2,000 – Median price for rent, 7.0% less than the first half of 2024.1,625 – New lease listings on the market, 5.7% more than the first half of 2024.2,385 – Active lease listings on the market, 14.7% more than the first half of 2024.1,381 – Pending leases, 4.5% more than the first half of 2024.$1,691,632 – Total dollar volume of leases, 17.6% less than the first half of 2024.

Bastrop County

June 2025 Sales

121 – Residential homes sold, 13.1% more than June 2024.$383,000 – Median price for residential homes, 13.0% more than June 2024.201 – New home listings on the market, 1.5% more than June 2024.778 – Active home listings on the market, 16.6% more than June 2024.120 – Pending sales, 5.3% more than June 2024.6.9 – Months of inventory, 1.1 months more than June 2024.$51,807,620 – Total dollar volume of homes sold, 27.0% more than June 2024.95.1% – Average close to list price, compared to 94.4% in June 2024.

Year to Date Sales

616 – Residential homes sold, 8.5% less than the first half of 2024.$355,834 – Median price for residential homes, 1.2% less than the first half of 2024.1,194 – New home listings on the market, 0.3% more than the first half of 2024.4,066 – Active home listings on the market, 23.7% more than the first half of 2024.692 – Pending sales, 1.3% less than the first half of 2024.$252,115,309 – Total dollar volume of homes sold, 7.8% less than the first half of 2024.

Year to Date Leases

211 – Closed leases, 9.1% less than the first half of 2024.$2,000 – Median price for rent, flat compared to the first half of 2024.306 – New lease listings on the market, 1.7% more than the first half of 2024.475 – Active lease listings on the market, 2.2% more than the first half of 2024.249 – Pending leases, 3.5% less than the first half of 2024.$281,709 – Total dollar volume of leases, 5.5% less than the first half of 2024.

Caldwell County

June 2025 Sales

37 – Residential homes sold, 27.5% less than June 2024.$290,000 – Median price for residential homes, 3.7% less than June 2024.43 – New home listings on the market, 28.3% less than June 2024.169 – Active home listings on the market, 9.0% more than June 2024.47 – Pending sales, 56.7% more than June 2024.6.1 – Months of inventory, 2.6 months more than June 2024.$11,441,261 – Total dollar volume of homes sold, 34.4% less than June 2024.91.2% – Average close to list price, compared to 95.4% in June 2024.

Year to Date Sales

200 – Residential homes sold, 19.4% less than the first half of 2024.$299,990 – Median price for residential homes, 0.2% less than the first half of 2024.312 – New home listings on the market, 16.8% less than the first half of 2024.981 – Active home listings on the market, 12.1% more than the first half of 2024.214 – Pending sales, 23.8% less than the first half of 2024.$64,989,352 – Total dollar volume of homes sold, 24.7% less than the first half of 2024.

Year to Date Leases

92 – Closed leases, flat compared to the first half of 2024.$1,800 – Median price for rent, 2.7% less than the first half of 2024.113 – New lease listings on the market, 4.6% more than the first half of 2024.180 – Active lease listings on the market, 11.3% less than the first half of 2024.114 – Pending leases, 7.5% more than the first half of 2024.$48,750 – Total dollar volume of leases, 23.4% less than the first half of 2024.