The Austin real estate market continues to move at a balanced, sustainable pace as January comes to a close. Average home values across Austin remain near $490K, reflecting stabilized pricing after recent market corrections. Homes are typically spending 70–90 days on the market, giving Austin home buyers more negotiating power and a wider selection of homes. Inventory levels remain healthy, while Austin home sellers are finding success by pricing competitively and preparing homes thoughtfully. 💼
💰 Mortgage rates are holding steady in the low-6% range for 30-year fixed loans. While higher than historic lows, rates have stabilized, helping buyers plan confidently and sellers attract qualified, motivated purchasers.
🎉 Things to Do in Austin:
Late January brings a mix of cultural and entertainment events across Austin. Lunar New Year celebrations begin appearing around the city with community events, pop-ups, and dining specials. 🎊 Live music continues to thrive at venues throughout downtown and East Austin, alongside comedy shows and winter performances. Cooler weather also makes this an ideal weekend to enjoy Austin’s trails, parks, and outdoor patios. 🎶
With steady pricing, predictable mortgage rates, and a vibrant winter calendar, late January offers solid opportunities for buyers and sellers exploring the Austin housing market.
