2025 Year-End Report: Central Texas Real Estate Finds Its Balance

AUSTIN, Texas — The December 2025 and Year-End Central Texas Housing Market Report from Unlock MLS shows that the Austin–Round Rock–San Marcos metro area closed the year with growing signs of stability after a period of market adjustment. Although total closed sales across the MSA declined 3.2% in 2025 to 29,383 transactions, buyer activity strengthened in the latter half of the year. Home prices continued to level out, and inventory, which peaked midyear, began to settle. Overall, these patterns point to a housing market that has rebalanced and is now operating with greater consistency and equilibrium.

Vaike O’Grady, research advisor at Unlock MLS, noted that December’s data reflects the broader behavioral changes seen throughout the year, as both buyers and sellers adapted their strategies to navigate shifting conditions.

“Rather than urgency, 2025 was characterized by adjustment,” O’Grady explained. “Early in the year, we saw heightened sensitivity to interest rates, hesitation around pricing, and an influx of new listings that drove inventory upward. As the months progressed, sellers refined their pricing expectations, buyers returned to the market, and transaction activity settled into a more typical rhythm. December’s numbers reinforced that transition — homes sold at more realistic price points, inventory stabilized, and buyers remained engaged, with over 2,500 closed sales, exceeding December 2024 totals. This isn’t a market slowdown; it’s the groundwork for a stronger and more sustainable housing environment.”

Looking toward 2026, O’Grady anticipates continued steadiness in the Central Texas real estate market. Mortgage rates are expected to hover around 6%, while home prices and sales volumes are projected to remain relatively flat. Meanwhile, improving affordability and a strong regional job market are likely to help Central Texas remain resilient amid broader national economic uncertainty, supporting gradual long-term growth.

John Crowe, 2026 president of Unlock MLS and ABoR, emphasized that the current market landscape presents both opportunities and new expectations for buyers, sellers, and real estate professionals.

“The lesson from 2025 is that success in today’s housing market is no longer just about timing — it’s about preparation, strategy, and reliable guidance,” Crowe said. “Whether helping sellers price homes according to current conditions or assisting buyers in evaluating long-term affordability, REALTORS® are providing the local insight and real-time data clients need to make informed decisions. As we enter 2026, that expertise is not just helpful — it’s essential.”

Crowe also shared that Unlock MLS will launch the year with the 2026 Central Texas Growth Forum, an event designed to explore the policies, developments, and economic forces shaping the region’s future.

“We’re bringing together REALTORS®, industry leaders, and key decision-makers to gain a clearer understanding of the factors driving change across Central Texas,” he added. “Housing doesn’t operate in isolation — it’s influenced by infrastructure, policy, and employment growth. When REALTORS® understand these external drivers, they’re better equipped to guide clients and advocate for their communities.”

Austin-Round Rock-San Marcos MSA

2025

• 29,383 – Residential homes sold, 3.2% less than 2024.
  
  
• $435,000 – Median price for residential homes, 2.4% less than 2024.
  
  
• 48,017 – New home listings on the market, 5.5% more than 2024.
  
  
• 156,314 – Active home listings on the market, 14.6% more than 2024.
  
  
• 29,741 – Pending sales, 1.7% less than 2024.
  
  
• $16,901,610,663 – Total dollar volume of homes sold, 2.6% less than 2024.
  
  

December 2025

• 2,514 – Residential homes sold, 1.9% more than December 2024.
  
  
• $435,000 – Median price for residential homes, 3.3% less than December 2024.
  
  
• 1,905 – New home listings on the market, 7.3% more than December 2024.
  
  
• 10,372 – Active home listings on the market, 9.2% more than December 2024.
  
  
• 1,908 – Pending sales, 0.2% less than December 2024.
  
  
• 4.2 – Months of inventory, 0.4 months more than December 2024.
  
  
• $1,436,112,712 – Total dollar volume of homes sold, 1.4% more than December 2024.
  
  
• 90.6% – Average close to list price, compared to 91.9% in December 2024.
  
  

City of Austin

2025

• 10,096 – Residential homes sold, 0.5% more than 2024.
  
  
• $570,000 – Median price for residential homes, 0.6% less than 2024.
  
  
• 17,903 – New home listings on the market, 8.3% more than 2024.
  
  
• 56,763 – Active home listings on the market, 13.8% more than 2024.
  
  
• 10,185 – Pending sales, 1.7% more than 2024.
  
  
• $7,719,376,299 – Total dollar volume of homes sold, 2.0% more than 2024.
  
  

December 2025

• 844 – Residential homes sold, 4.1% more than December 2024.
  
  
• $550,000 – Median price for residential homes, 3.9% less than December 2024.
  
  
• 539 – New home listings on the market, 5.1% less than December 2024.
  
  
• 3,359 – Active home listings on the market, 6.0% more than December 2024.
  
  
• 594 – Pending sales, 1.2% more than December 2024.
  
  
• 4.0 – Months of inventory, 0.1 months more than December 2024.
  
  
• $648,723,194 – Total dollar volume of homes sold, 4.8% more than December 2024.
  
  
• 90.9% – Average close to list price, compared to 91.9% in December 2024.
  
  

Travis County

2025

• 13,217 – Residential homes sold, 1.0% less than 2024.
  
  
• $508,000 – Median price for residential homes, 0.5% more than 2024.
  
  
• 23,467 – New home listings on the market, 7.4% more than 2024.
  
  
• 76,206 – Active home listings on the market, 19.3% more than 2024.
  
  
• 13,288 – Pending sales, 0.3% less than 2024.
  
  
• $9,315,499,278 – Total dollar volume of homes sold, 0.4% more than 2024.
  
  

December 2025

• 1,126 – Residential homes sold, 6.1% more than December 2024.
  
  
• $499,000 – Median price for residential homes, 1.8% less than December 2024.
  
  
• 825 – New home listings on the market, 3.3% less than December 2024.
  
  
• 4,750 – Active home listings on the market, 7.6% more than December 2024.
  
  
• 823 – Pending sales, 3.4% more than December 2024.
  
  
• 4.2 – Months of inventory, flat compared to December 2024.
  
  
• $794,753,537 – Total dollar volume of homes sold, 8.2% more than December 2024.
  
  
• 90.8% – Average close to list price, compared to 91.8% in December 2024.
  
  

Williamson County

2025

• 10,070 – Residential homes sold, 4.5% less than 2024.
  
  
• $417,000 – Median price for residential homes, 2.8% less than 2024.
  
  
• 15,134 – New home listings on the market, 6.9% more than 2024.
  
  
• 47,738 – Active home listings on the market, 20.0% more than 2024.
  
  
• 10,153 – Pending sales, 3.4% less than 2024.
  
  
• $4,800,072,377 – Total dollar volume of homes sold, 6.6% less than 2024.
  
  

December 2025

• 895 – Residential homes sold, 3.2% more than December 2024.
  
  
• $415,000 – Median price for residential homes, 3.5% less than December 2024.
  
  
• 645 – New home listings on the market, 6.3% less than December 2024.
  
  
• 3,302 – Active home listings on the market, 17.9% more than December 2024.
  
  
• 640 – Pending sales, 4.9% less than December 2024.
  
  
• 3.7 – Months of inventory, 0.5 months more than December 2024.
  
  
• $418,638,137 – Total dollar volume of homes sold, 1.3% less than December 2024.
  
  
• 90.5% – Average close to list price, compared to 92.3% in December 2024.
  
  

Hays County

2025

• 4,468 – Residential homes sold, 3.5% less than 2024.
  
  
• $375,000 – Median price for residential homes, 1.6% less than 2024.
  
  
• 6,688 – New home listings on the market, 1.2% less than 2024.
  
  
• 21,601 – Active home listings on the market, 5.6% more than 2024.
  
  
• 4,606 – Pending sales, 0.2% more than 2024.
  
  
• $2,167,920,239 – Total dollar volume of homes sold, 3.5% less than 2024.
  
  

December 2025

• 350 – Residential homes sold, 10.9% less than December 2024.
  
  
• $395,000 – Median price for residential homes, 1.0% less than December 2024.
  
  
• 321 – New home listings on the market, 10.1% less than December 2024.
  
  
• 1,497 – Active home listings on the market, 2.4% less than December 2024.
  
  
• 304 – Pending sales, 5.9% less than December 2024.
  
  
• 4.3 – Months of inventory, 0.4 months more than December 2024.
  
  
• $170,681,317 – Total dollar volume of homes sold, 14.4% less than December 2024.
  
  
• 90.8% – Average close to list price, compared to 91.0% in December 2024.
  
  

Bastrop County

2025

• 1,255 – Residential homes sold, 5.3% less than 2024.
  
  
• $352,000 – Median price for residential homes, 1.7% less than 2024.
  
  
• 2,137 – New home listings on the market, 0.8% less than 2024.
  
  
• 8,676 – Active home listings on the market, 16.7% more than 2024.
  
  
• 1,290 – Pending sales, 1.8% less than 2024.
  
  
• $499,762,342 – Total dollar volume of homes sold, 7.5% less than 2024.
  
  

December 2025

• 120 – Residential homes sold, 3.4% more than December 2024.
  
  
• $333,000 – Median price for residential homes, 11.9% less than December 2024.
  
  
• 95 – New home listings on the market, 18.1% less than December 2024.
  
  
• 646 – Active home listings on the market, 5.7% more than December 2024.
  
  
• 106 – Pending sales, 19.1% more than December 2024.
  
  
• 5.4 – Months of inventory, 0.1 months more than December 2024.
  
  
• $45,491,541 – Total dollar volume of homes sold, 8.5% less than December 2024.
  
  
• 89.4% – Average close to list price, compared to 92.9% in December 2024.
  
  

Caldwell County

2025

• 373 – Residential homes sold, 31.6% less than 2024.
  
  
• $282,000 – Median price for residential homes, 4.7% less than 2024.
  
  
• 591 – New home listings on the market, 10.7% less than 2024.
  
  
• 2,094 – Active home listings on the market, 16.4% more than 2024.
  
  
• 404 – Pending sales, 23.0% less than 2024.
  
  
• $118,356,428 – Total dollar volume of homes sold, 37.3% less than 2024.
  
  

December 2025

• 23 – Residential homes sold, 25.8% less than December 2024.
  
  
• $270,000 – Median price for residential homes, 1.8% less than December 2024.
  
  
• 19 – New home listings on the market, 53.7% less than December 2024.
  
  
• 177 – Active home listings on the market, 33.1% more than December 2024.
  
  
• 35 – Pending sales, 16.7% more than December 2024.
  
  
• 7.7 – Months of inventory, 3.4 months more than December 2024.
  
  
• $6,548,180 – Total dollar volume of homes sold, 31.2% less than December 2024.
  
  
• 86.7% – Average close to list price, compared to 89.3% in December 2024.
  
  

Source: UnlockMLS