Southeast Austin Home Sizes Are Shrinking in September

Deal of the Week

10537 Steinbeck DR, Austin TX 78747
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 $329,000 10537 Steinbeck DR, Austin TX 78747 · MLS #1014060 Listed at $284,900, 3 bed, 2 bath, 1,650 sq ft. Listed 9% below the ALEX valuation; 42% under the local price per sq ft; price reduced 8% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1182595224/10537-Steinbeck-DR-Austin-TX Lower-middle quartile: $329,000 to $375,000 5406 S Hearsey DR, Austin TX 78744 · MLS #4890212 Listed at $331,000, 3 bed, 2.5 bath, 2,170 sq ft. Listed 8% below the ALEX valuation; 48% under the local price per sq ft; price reduced 14% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1182516997/5406-S-Hearsey-DR-Austin-TX Upper-middle quartile: $375,000 to $485,000 11721 Domenico CV, Austin TX 78747 · MLS #9147330 Listed at $385,990, 3 bed, 2.5 bath, 2,051 sq ft. Listed 12% below the ALEX valuation; 16% under the local price per sq ft; price reduced 14% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1155205141/11721-Domenico-CV-Austin-TX Upper quartile: $485,000 and up 9204 Dingo DR, Austin TX 78744 · MLS #5402365 Listed at $824,900, 5 bed, 4 bath, 3,715 sq ft. Listed 4% below the ALEX valuation; price reduced 13% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1186446463/9204-Dingo-DR-Austin-TX

Key figures · Southeast Austin · September 2026

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

Market figures by town

In Southeast Austin, the average home sold in September was smaller than it has been in recent months. Across 77 closed sales, the median living area fell to 1,961 square feet, down 10.9% from the prior month and up 9.1% compared to September of last year. This shift signals a change in what buyers are closing on right now. The data shows a clear trend toward more compact floor plans. While the median price dipped slightly to $369,990, the reduction in square footage suggests that new inventory or active buyer demand is favoring smaller footprints over larger estates. This contrasts with the prior month, when the median living area stood at 2,200 square feet. ALEX Intelligence analyzed the rolling trend of home sizes to identify this contraction. The drop in size coincides with a slight increase in price per square foot to $206, indicating that buyers are paying a premium for space efficiency rather than total volume. As inventory levels adjust, the composition of sold homes continues to evolve toward these more modest dimensions. This pattern reflects a market where smaller, efficient homes are moving faster or becoming the primary choice for local buyers. The shift from 2,200 square feet down to under 2,000 square feet in just one month highlights how quickly buyer preferences can reshape the median profile of a neighborhood. Want a closer look? Reply or call George at 713.918.9951 and we'll set up a 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=77
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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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