Austin\u2019s housing market showed the sharpest shift toward buyers among Texas\u2019 major metros, with 53.4% of active listings taking price cuts as of Nov. 1, 2025. The Austin-Round Rock-San Marcos metro\u2019s median list price dropped to $499,000 from $525,231 a year earlier, marking a $26,231 decline.<\/p>\n
The divergence across the Texas Triangle <\/a>metros reveals how even neighboring markets can experience different conditions. The Texas Triangle\u2014a megaregion formed by Dallas<\/a>\u2013Fort Worth,<\/a> Houston<\/a>, San Antonio<\/a>, and Austin <\/a>that houses the vast majority of Texans\u2014shows varying market dynamics despite geographic proximity. While Austin and San Antonio moved into buyer-favorable territory, Dallas-Fort Worth and Houston maintained neutral conditions despite having the largest inventories at 30,921 and 34,676 active listings respectively.<\/p>\n Inventory builds as absorption slows<\/p>\n Active listings climbed across all four major metros compared to last year. Houston led with 34,676 homes on the market, up from 27,976. Dallas-Fort Worth followed with 30,921, up from 27,131. San Antonio\u2019s inventory rose to 15,527 from 13,366, while Austin increased to 11,429 from 9,869.<\/p>\n The pace of home absorption told a different story. San Antonio experienced the steepest decline, with weekly absorbed listings falling 36.2% to 1,026 from 1,608 a year ago. Houston\u2019s weekly absorption dropped 21.6% to 2,395 from 3,053. Austin fell to 780 from 814. Dallas-Fort Worth held relatively steady at 2,344 absorbed homes weekly, down slightly from 2,400.<\/p>\n Months of supply ranged from 3.4 in Dallas-Fort Worth to 4.3 in Houston. San Antonio registered 4.2 months, while Austin sat at 3.7 months. All four metros exceeded the national average of 2.9 months.<\/p>\n Price dynamics reveal market pressures<\/p>\n Austin\u2019s $499,000 median list price represented the highest among the four metros but also the only year-over-year decline. Dallas-Fort Worth\u2019s median dropped to $439,999 from $450,000, while Houston fell to $370,990 from $375,000. San Antonio declined to $335,000 from $339,990.<\/p>\n Price reductions became widespread across the region. Austin led with 53.4% of listings cutting prices, followed by Dallas-Fort Worth at 51.7%, San Antonio at 50.5%, and Houston at 39.7%. The percentage of relisted properties reached 21.6% in Houston and 15.8% in San Antonio, compared to 9.2% in Dallas-Fort Worth and 7.9% in Austin.<\/p>\n Price per square foot ranged from $171.9 in Houston to $228.1 in Austin, with San Antonio at $175.5 and Dallas-Fort Worth at $197.3. Days on market reached 91 in Houston, while the other three metros showed 84 days, up from 77 days in Austin and San Antonio and 63 days in Dallas-Fort Worth a year earlier.<\/p>\n How Texas compares to broader trends<\/p>\n The Texas metros showed mixed performance against statewide median of 91 days on market. Houston matched the state average, while Austin, San Antonio, and Dallas-Fort Worth moved faster. All lagged the national median of 77 days.<\/p>\n Texas\u2019 statewide median list price of $374,000 fell below Dallas-Fort Worth and Austin but exceeded Houston and San Antonio. The state\u2019s 4.0 months of supply aligned closely with the Triangle markets, while all exceeded the national 2.9 months.<\/p>\n What to watch<\/p>\n Monitor the 53.4% price cut rate in Austin as a leading indicator of market direction. Track Houston\u2019s 21.6% relisting rate for signs of seller persistence. Use Dallas-Fort Worth\u2019s 3.4 months supply as a benchmark for market balance in the region. Watch Houston\u2019s 91-day median as it matches the state average.<\/p>\n Track these diverging metrics across the metros to identify which markets offer the best opportunities for buyers or sellers. Use the 39.7% price cut rate in Houston as a baseline for comparing market softness. Monitor the absorption rates, particularly San Antonio\u2019s 36.2% decline, to gauge demand strength.<\/p>\n HousingWire used HW Data to source this story. To see what\u2019s happening in your own local market, generate a housing market report<\/a>. For enterprise clients looking to license the same market data at a larger scale, visit HW Data<\/a>.<\/p>\n \n\tRelated<\/p>\n","protected":false},"excerpt":{"rendered":"Austin\u2019s housing market showed the sharpest shift toward buyers among Texas\u2019 major metros, with 53.4% of active listings…\n","protected":false},"author":3,"featured_media":358117,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5138],"tags":[5229,738,359,1596,7371,7372,19790,4345,7202,358,3187,67,586,132,5230,68,2969],"class_list":{"0":"post-358116","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-fort-worth","8":"tag-america","9":"tag-artificial-intelligence","10":"tag-austin","11":"tag-dallas","12":"tag-fort-worth","13":"tag-fortworth","14":"tag-housing-market-data","15":"tag-houston","16":"tag-san-antonio","17":"tag-texas","18":"tag-tx","19":"tag-united-states","20":"tag-united-states-of-america","21":"tag-unitedstates","22":"tag-unitedstatesofamerica","23":"tag-us","24":"tag-usa"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115498762029978207","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/358116","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=358116"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/358116\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/358117"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=358116"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=358116"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=358116"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}