East Austin October Market Recap: Prices Drop, Sales Hold Steady

What does a 12.8% drop in median prices mean for East Austin buyers and sellers? In October 2026, the median sale price settled at $431,777 across 97 closed sales, down from $495,000 in September and matching the same month last year's volume of 103 closings. While the dollar amount dropped significantly, the number of homes sold remained flat compared to September, indicating steady demand despite lower valuations. ALEX Intelligence analyzed the October data to reveal a market where properties are selling faster than they did a year ago. The median days on market fell to 39 days, a 26.4% improvement over September and last October's 53 days. Homes also commanded a slightly higher share of their original list price, closing at 94.4% of the asking price compared to 93.8% in October 2025. The composition of sales shifted as well. The median living area for sold homes shrank to 1,411 square feet, down 16% from September and nearly 14% from last year. This suggests buyers are currently favoring smaller footprints or that new construction in the area is trending toward more compact designs. With 683 active listings on the market, inventory levels remain high, creating a balanced environment where buyers have choices but sellers must price competitively to move homes quickly. The data reflects a distinct shift from the rapid appreciation seen in previous years. While the median price per square foot rose slightly to $328, the overall drop in total price points indicates that affordability is becoming more accessible for those entering the East Austin market 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