South Central Austin: Where Prices Were Cut Most This Week

Forty-six homes for sale in South Central Austin saw their latest price change be a reduction this week. This snapshot covers the seven-day period from October 18 to October 24, 2026, based on active inventory of 618 properties. ALEX Intelligence analyzed the price-cut history for these listings to determine the scale of adjustments. The median cut was $15,000, representing a 3.5% reduction from the price before the cut. The largest single adjustment reached 10% off the previous asking price. These reductions brought the median new list price for this group down to $524,500. Price cuts account for roughly 7.4% of all homes currently on the market in this area. While the median days on market has risen compared to last year, these recent adjustments suggest sellers are responding to current demand conditions by aligning prices with buyer expectations. The data reflects only the most recent price change for each home during this specific week. Price just reduced (8 of 46 shown): 802 S 1st ST # 202, Austin, TX · MLS #5100200 Cut Oct 22 from $299,999 to $269,999, 10.0% lower. 1 bed, 1 bath, 579 sq ft. Listed by Douglas Elliman Real Estate. See it on alex.realestate: https://www.alex.realestate/listing-detail/1187996215/802-S-1st-ST-202-Austin-TX 120 El Paso ST, Austin, TX · MLS #7963515 Cut Oct 22 from $600,000 to $550,000, 8.3% lower. 2 bed, 1 bath, 806 sq ft. Listed by Bramlett Partners. See it on alex.realestate: https://www.alex.realestate/listing-detail/1186253277/120-El-Paso-ST-Austin-TX 613 Peacock LN, Austin, TX · MLS #9501589 Cut Oct 19 from $585,500 to $542,500, 7.3% lower. 1 bed, 1 bath, 576 sq ft. Listed by Coldwell Banker Realty. See it on alex.realestate: https://www.alex.realestate/listing-detail/1186882582/613-Peacock-LN-Austin-TX 2209 S 1st ST # 330, Austin, TX · MLS #5415334 Cut Oct 23 from $749,900 to $699,000, 6.8% lower. 2 bed, 2 bath, 1,175 sq ft. Listed by Coldwell Banker Realty. See it on alex.realestate: https://www.alex.realestate/listing-detail/1183471238/2209-S-1st-ST-330-Austin-TX 1303 1/2 Hillside Ave, Austin, TX · MLS #6119491 Cut Oct 23 from $2,995,000 to $2,800,000, 6.5% lower. 5 bed, 4 bath, 3,064 sq ft. Listed by Gottesman Residential R.E. See it on alex.realestate: https://www.alex.realestate/listing-detail/1188907449/1303-1-2-Hillside-Ave-Austin-TX 208 Lessin LN, Austin, TX · MLS #7853204 Cut Oct 21 from $850,000 to $795,000, 6.5% lower. 4 bed, 3 bath, 2,340 sq ft. Listed by Keller Williams Realty. See it on alex.realestate: https://www.alex.realestate/listing-detail/1186107941/208-Lessin-LN-Austin-TX 2013 Southern Oaks DR, Austin, TX · MLS #8089496 Cut Oct 18 from $569,900 to $534,900, 6.1% lower. 3 bed, 2 bath, 1,520 sq ft. Listed by Keller Williams Realty. See it on alex.realestate: https://www.alex.realestate/listing-detail/1186497648/2013-Southern-Oaks-DR-Austin-TX 3809 Menchaca RD # C, Austin, TX · MLS #9568590 Cut Oct 21 from $275,000 to $259,000, 5.8% lower. 2 bed, 1.5 bath, 1,008 sq ft. Listed by JPAR Austin. See it on alex.realestate: https://www.alex.realestate/listing-detail/1182885943/3809-Menchaca-RD-C-Austin-TX Looking to buy in South Central Austin? Get new listings the day they hit the market. Data from Unlock MLS. Information deemed reliable but not guaranteed. Model outputs are ALEX Intelligence estimates, not appraisals. Read more Central Texas market data on the ALEX blog: https://alex-companies.com/blog MIT, Nvidia, Google & IBM-Trained. Cross Domain-Expert: Quantum, AI, Ethics, Sovereignty, Intelligence, Philanthropy. Solepoint Planning. VUI AI Cloud Architect. AI Certifications Development. Quant/AI Instructor. Castor Venture Club Member. Associate Broker. George Arnold Alexander III, MPA Director, ALEX Companies Associate Broker, Alexander Tiffany Southwest, LLC dba ALEX.realestate, et.al. Texas License #574878-B · Broker License #565194-BB Broker, ALEX Real Estate · North Carolina License #367733 Independent Broker, ALEX Real Estate · Colorado License #II.100112456 [email protected] · +1 713.918.9951