The Real Estate Market Report for Austin: May 2021

In this article:

Welcome to the May 2021 real estate market report for the Austin area.

It doesn't get hotter than Austin right now, and we're not talking about the weather. Median home sale prices have climbed to $416,000, an incredible 42% increase from May 2020. There is very little available inventory in the city right now, with just 0.6 months of supply and a homes staying a ridiculously low average of 18 days on the market.

You can review the full numbers in the infographic below:

austin real estate market report may 2021

Check back next month to see how Austin's housing market performed in June.

The stress-free way to buy and sell

With Orchard, secure your dream home before you list. Avoid home showings, double mortgages, and double moves.

Learn More