Six out of seven ZIP codes in Northwest Austin saw a rise in home sales in May, with homes under contract, or pending sales, also rising from 126 to 137. The rise in home sales coincided with a decline in sales prices, dropping from a median cost of $535,000 in May 2025 to $495,000 this May.

Market Trends

The 78758 ZIP code saw the largest decline in prices, going from a median price of $698,000 to $395,000. The median price per square foot in Northwest Austin also dropped from $298 to $296. While sales went up, the number of new homes listed on the market declined from 250 in May 2025 to 211 this May.

The average amount of time homes spent on the market also rose in four of the seven ZIP codes. Overall, the average time increased from 34 to 36. Vaike O’Grady, market research advisor at Unlock MLS, said the May data suggests buyers are adapting to the current market conditions rather than waiting for perfect circumstances to move.

O’Grady stated, “What’s particularly notable about May’s housing activity is that buyers continued to engage with the market even as many of the factors that typically create hesitation, such as affordability challenges and economic uncertainty, remained in place.”

The Northwest Austin housing market follows similar trends seen across the Austin-Round Rock-San Marcos Metropolitan Statistical Area. Median prices declined by about 1% and pending sales rose by more than 14%. In Travis County, home sales rose by 1.6%, the median price dropped by 3.9%, and pending sales rose by more than 20%.

Original reporting: Community Impact — Austin — read the source article.