University Hills vs. Region: Price Gaps in October

How does the University Hills market compare to its broader neighbors? In the rolling 12 months ending October 2026, median prices in this Austin neighborhood stood at $495,000 across 36 closed sales. This figure is higher than the regional median of $397,889 and slightly below the Travis County median of $500,500. The pace of sales tells a different story. The median days on market in University Hills reached 52 days, a sharp increase of 225% compared to the prior period and the same time last year. In contrast, the regional average was 66 days, while Travis County averaged 58 days. This suggests that while University Hills homes are selling faster than the broader region on average, the local market has slowed significantly relative to its own recent history. Price negotiation dynamics also show divergence. The median close-to-original list ratio in University Hills was 0.908, meaning homes sold for roughly 90.8% of their original asking price. This is lower than the regional ratio of 0.94 and the county ratio of 0.944. Additionally, 86.1% of sales closed below the original list price, compared to 83.2% regionally and 82.6% in Travis County. Current inventory remains tight with only 3 active listings today, resulting in a months of inventory figure of 0.95. This low supply level contrasts with the longer selling times, indicating a market where price sensitivity is high despite limited options. The median price per square foot in University Hills was $282.03, notably higher than the regional rate of $197.57 and the county rate of $244.70. While direct peer comparisons for specific neighboring cities are not available in this dataset, the data confirms that University Hills commands a premium over the region but faces steeper price reductions and longer marketing times than the broader Austin area. Want more detail on University Hills, Austin? Ask George for the full neighborhood report. 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