Central Austin Homes Are Getting Smaller in September

Deal of the Week

808 E 46th ST # B, Austin TX 78751
Deals of the Week by price quartile. The quartiles come from the last 12 months of closed sales here. Each pick has the top ALEX deal score in its price range. Lower quartile: under $486,000 808 E 46th ST # B, Austin TX 78751 · MLS #4545087 Listed at $299,000, 2 bed, 1 bath, 704 sq ft. Listed 10% below the ALEX valuation; 21% under the local price per sq ft; price reduced 15% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1188283727/808-E-46th-ST-B-Austin-TX Lower-middle quartile: $486,000 to $800,000 907 E 53rd ST, Austin TX 78751 · MLS #5508425 Listed at $749,000, 4 bed, 3 bath, 1,693 sq ft. Listed 13% below the ALEX valuation; 16% under the local price per sq ft; price reduced 16% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1174750180/907-E-53rd-ST-Austin-TX Upper-middle quartile: $800,000 to $1,297,000 2811 W Fresco DR, Austin TX 78731 · MLS #3909268 Listed at $850,000, 4 bed, 2.5 bath, 2,109 sq ft. Listed 17% below the ALEX valuation; 23% under the local price per sq ft; price reduced 21% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1184819404/2811-W-Fresco-DR-Austin-TX Upper quartile: $1,297,000 and up 4519 Depew Ave, Austin TX 78751 · MLS #3647038 Listed at $1,549,000, 7 bed, 5 bath, 3,918 sq ft. Listed 3% below the ALEX valuation; 26% under the local price per sq ft; price reduced 11% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1187651499/4519-Depew-Ave-Austin-TX

Key figures · Central Austin · September 2026

Source: Unlock MLS, September 2026. Homes only (single-family, condo, townhome). Information deemed reliable but not guaranteed.

Market figures by town

The median home size sold in Central Austin has shrunk to 1,587 square feet, down from 1,626 square feet the previous month and 1,708 square feet a year ago. This shift toward smaller living areas occurred alongside 131 closed sales in September, maintaining a steady transaction pace despite the changing footprint of properties moving through the market. ALEX Intelligence analyzed the rolling trend of home sizes to identify this contraction. The data shows a consistent downward trajectory in median living area over the past year, with the current figure representing a 2.4% decrease from August and a 7.1% drop compared to September 2025. This pattern suggests buyers are increasingly favoring more compact floor plans or that new inventory is skewed toward smaller units. Despite the reduction in square footage, price per square foot has also adjusted, settling at $433, which is 4% lower than the prior month and 5% below last year's levels. The median sale price of $750,000 reflects these size adjustments while remaining resilient against broader market fluctuations. Homes are selling in roughly the same time frame as before, with a median of 40 days on market, indicating that demand for these smaller Central Austin properties remains active. The shift in home size does not appear to be driven by a lack of inventory or buyer hesitation, as the number of closed sales remained nearly identical to the previous month. Instead, the data points to a structural change in what is being built and sold in this area, with the average new listing likely contributing to the lower median living area figures observed today. Want to see this home? Call or text George at 713.918.9951 for a private showing. 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
George Arnold Alexander III, MPA
MIT, Nvidia, Google, AWS & IBM-Trained. Cross-Domain Expert. Castor Venture Club.
Partner, ALEX Companies
Associate Broker, Alexander Tiffany Southwest, LLC dba ALEX.realestate, et al.
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Source data: Unlock MLS closed sales, September 2026, n=131
Cover photo: Aerial - North central Austin, Texas 01 by Joe Mabel, CC BY 3.0, via Wikimedia Commons; darkened, cropped and text added.
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Licensed by the Texas Real Estate Commission. Broker: Alexander Tiffany Southwest, LLC · License #565194-BB.
Diane Hart Alexander, Chair & CEO, ALEX Companies · Designated Broker · #574877-B  ·  George Arnold Alexander III, Partner, ALEX Companies · Associate Broker · #574878-B
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