Market Timing
Home Price Cuts in Austin: How Many Homes Sold After a Price Drop in 2026
Updated November 14, 2026
Reviewed by:
Head of Growth at TurboHome
Agent, Texas · Texas Realtor® License #674075
In Austin, 58.2% of the 2,982 homes that closed between May and October 2026 sold after at least one price cut. The median cut was 6.5% ($40,000) off the original asking price, and homes that were cut went on to sell for a median 90.0% of their first list price, against 98.0% for homes that were never reduced. For comparison, Realtor.com counted 26.2% of active Austin-Round Rock-San Marcos listings with a price reduction in October 2026; that counts listings on the market in one month, while our figure counts homes that actually sold over six months.
TurboHome Market Analysis · 2,982 closings · May 1 to Oct 31, 2026 · Last updated November 14, 2026
This guide uses 2,982 single-family, condo and townhouse closings in our MLS feed from May 1 to October 31, 2026 to show how often Austin sellers cut, by how much, where, and what a cut home finally sold for. Use it to judge how much room a reduced listing leaves you.
How many Austin homes sold after a price cut
58.2% of Austin closings from May through October 2026 sold after at least one price cut. Counting every closing, cut or not, 85.5% closed below the original asking price. Cut homes sat a median 81 days on the market, against 16 days for homes that were never reduced.
| Measure | Austin, May to Oct 2026 |
|---|---|
| Closings | 2,982 |
| Sold after at least one price cut | 58.2% |
| Median cut, cut homes | 6.5% ($40,000) |
| Closed below the original asking price, all closings | 85.5% |
| Median days on market, cut homes | 81 |
| Median days on market, never cut | 16 |
| Median sale price, all closings | $555,000 |
| Sale to original list price, all closings | 93.7% |
Austin has the highest share of cut sales of the ten cities in this series, and 85.5% of all Austin closings came in below the original asking price.
What a price cut tells a buyer in Austin
Austin homes that were cut then closed at a median 96.9% of the reduced price, so the discount stacked: the typical cut home sold at 90.0% of its original asking price, a median $58,455 below the first list price. Homes that were never reduced sold at a median 98.0% of their asking price.
18.0% of cut homes were reduced by less than 3%, 19.3% by 3 to 5%, 34.3% by 5 to 10% and 28.4% by 10% or more. Cut homes closed at 96.9% of the reduced price, so in Austin the reduced price was still a starting point for negotiation.
Price cuts by neighborhood in Austin
The table shows the 25 Austin neighborhoods with the most closings from May through October 2026, each with at least 20 closings, sorted by closings.
| Neighborhood | Closings | Share with a cut | Median cut | Sale to original list | Median price | Median days on market |
|---|---|---|---|---|---|---|
| Easton Park | 99 | 63.6% | 5.0% | 94.3% | $547,000 | 101 |
| Downtown | 79 | 55.7% | 6.6% | 92.4% | $653,000 | 86 |
| Southwest Austin | 72 | 70.8% | 7.2% | 93.1% | $435,000 | 60 |
| Circle C | 68 | 50.0% | 4.2% | 96.3% | $789,166 | 18 |
| Steiner Ranch | 63 | 69.8% | 6.2% | 93.1% | $999,000 | 54 |
| West Campus | 43 | 62.8% | 7.4% | 90.9% | $288,800 | 91 |
| Northwest Hills | 41 | 51.2% | 10.0% | 94.0% | $1,007,000 | 44 |
| West Oak Hill | 38 | 60.5% | 5.1% | 93.9% | $547,500 | 43 |
| Rosedale | 38 | 57.9% | 5.4% | 94.0% | $962,500 | 52 |
| Garrison Park | 37 | 62.2% | 5.3% | 93.8% | $440,000 | 37 |
| Zilker | 37 | 48.6% | 6.8% | 92.6% | $875,000 | 65 |
| Anderson Mill | 36 | 50.0% | 3.7% | 95.8% | $361,000 | 28 |
| Lakeway | 33 | 57.6% | 6.7% | 92.6% | $905,000 | 82 |
| Tarrytown | 32 | 53.1% | 10.4% | 89.7% | $1,617,500 | 68 |
| South Manchaca | 31 | 71.0% | 7.3% | 93.3% | $690,000 | 58 |
| Windsor Park | 31 | 48.4% | 5.9% | 95.8% | $470,000 | 31 |
| Westover Hills | 30 | 63.3% | 6.4% | 93.6% | $524,500 | 54 |
| Bouldin Creek | 29 | 62.1% | 8.6% | 92.3% | $1,100,000 | 75 |
| Sweetwater | 29 | 55.2% | 5.4% | 95.3% | $710,095 | 47 |
| Brentwood | 28 | 46.4% | 4.5% | 96.2% | $720,000 | 32 |
| Milwood | 28 | 50.0% | 6.9% | 95.6% | $469,000 | 29 |
| Belterra | 28 | 46.4% | 5.6% | 97.1% | $725,000 | 28 |
| North Austin Civic Association | 27 | 85.2% | 7.1% | 92.1% | $329,995 | 60 |
| Rough Hollow | 27 | 48.1% | 4.9% | 96.8% | $990,000 | 61 |
| MLK-183 | 27 | 63.0% | 7.5% | 93.1% | $499,000 | 66 |
North Austin Civic Association had the highest share, 85.2% of 27 closings, followed by South Manchaca (71.0%), Southwest Austin (70.8%) and Steiner Ranch (69.8%).
Circle C stands apart on speed: 50.0% of homes were cut, but the median home sold in 18 days, the fastest in the table. Belterra and Brentwood had the lowest shares, both 46.4%.
Easton Park, the busiest neighborhood with 99 closings, had 63.6% of homes cut and a median 101 days on market, the longest in the table.
Price cuts by price range in Austin
| Price range | Closings | Share with a cut | Median cut | Median cut ($) | Sale to original list | Median days on market |
|---|---|---|---|---|---|---|
| Under $500K | 1,300 | 62.4% | 6.7% | $25,000 | 93.0% | 58 |
| $500K to $750K | 713 | 56.9% | 5.9% | $40,000 | 95.0% | 49 |
| $750K to $1M | 386 | 58.5% | 5.6% | $50,550 | 94.6% | 48 |
| $1M to $1.5M | 313 | 47.9% | 7.4% | $100,000 | 93.1% | 41 |
| $1.5M to $2M | 125 | 53.6% | 6.5% | $120,000 | 92.7% | 52 |
| $2M to $3M | 90 | 54.4% | 6.4% | $151,000 | 91.2% | 69 |
| $3M and up | 55 | 49.1% | 8.0% | $401,000 | 91.4% | 91 |
Every Austin price range had close to half or more of its sales cut, from 47.9% at $1 million to $1.5 million to 62.4% under $500,000. The top of the market sold furthest below its first price: 91.2% of the original ask from $2 million to $3 million and 91.4% at $3 million and up, where homes took a median 91 days to sell.
Price cuts by home type in Austin
| Home type | Closings | Share with a cut | Median cut | Median cut ($) | Sale to original list | Median days on market |
|---|---|---|---|---|---|---|
| Condo | 548 | 61.9% | 7.0% | $28,600 | 92.4% | 76 |
| Single-family home | 2,362 | 57.5% | 6.3% | $43,250 | 93.9% | 49 |
| Townhouse | 72 | 54.2% | 5.5% | $29,000 | 94.9% | 52 |
Condos were cut most often (61.9%) and sat a median 76 days, against 57.5% and 49 days for single-family homes. Those are ACTRIS cumulative days on market, which keep counting across relistings.
There is no 2025 comparison for Austin: our ACTRIS feed carries only 26 Austin closings for May to October 2025, too few to compare.
How our numbers compare with Realtor.com and Redfin
Realtor.com counted 26.2% of active Austin-Round Rock-San Marcos listings with a price reduction in October 2026, down 0.6 points from a year earlier. Nationally, Realtor.com's October 2026 price-reduced share was 20.5% (preliminary; the highest October share since 2022), and Redfin found 21.2% of U.S. listings had a price drop in the four weeks ending November 1, 2026, against 20.6% a year earlier. Our Austin figure is 58.2%.
Portal figures count homes for sale that had a cut during one period, across a whole metro. Our figure counts homes in the city that actually sold after at least one cut over six months, and then shows what they sold for against their original asking price. A listing that was cut and has not sold, or was taken off the market, counts in the portal figures but not in ours.
Redfin puts Austin's median sale price down 5.8% from a year earlier and new listings down 13.3% in the four weeks ending November 1, 2026.
Realtor.com also puts the Austin-Round Rock-San Marcos median list price at $439,650 in October, down 10.2% from a year earlier, the largest drop of the seven metros these pages cite from that report.
Sources: Realtor.com, October 2026 Housing Report, published November 4, 2026, checked November 14, 2026. Redfin, Housing Market Update, November 5, 2026, checked November 14, 2026.
How to use a price cut when you make an offer in Austin
In Austin a cut is the usual path to a sale: 58.2% of closings came after one. Cut homes then sold for a median 96.9% of the reduced price, so the reduced price was still a starting point.
Time on market is on your side in much of the city. Cut homes took a median 81 days to sell, against 16 for homes that were never reduced, and in Easton Park the median home sat 101 days. Circle C is different: homes sold in a median 18 days and closed at 96.3% of their original ask, the least room of any neighborhood in the table.
Of the 34 TurboHome Texas buyers who closed between November 2025 and October 2026 with both list prices recorded, 8 bought a home that had already been cut; those homes closed at a median 91.1% of the original asking price, and 6 of the 8 negotiated further below the reduced price. That is a small sample, so treat it as an illustration rather than a rate.
Before a TurboHome buyer writes an offer, their agent runs a comparable-based valuation of the home and an AI offer-acceptance prediction, so the offer price rests on recent sales of similar homes rather than on the asking price or the size of a cut. See also how much over asking Austin buyers pay and how long Austin homes take to sell.
Methodology
Source: TurboHome's MLS closings data (our MLS feed), closings from May 1 to October 31, 2026.
Filters: single-family homes, condos and townhouses; a close price of $50,000 or more; original and final list price both recorded; and a final list price between 40% to 150% of the original list price, which removes relists and data errors.
Definitions: a price cut means the final list price at sale was below the original list price. The median cut is measured only on homes that were cut. Sale to original list is the close price divided by the original list price, the full discount from the first asking price; sale to reduced list is the close price divided by the final, reduced list price. Days on market uses recorded values from 0 to 730 days. Prices, cuts, ratios and days on market are medians.
Thresholds: neighborhood tables show the 25 neighborhoods with the most closings among those with at least 20 closings in the 2026 window, or every qualifying neighborhood where fewer qualified. Price range and home type rows need at least 12 closings.
Portal figures: Realtor.com, October 2026 Housing Report, published November 4, 2026, checked November 14, 2026. Its price-reduced share counts active listings with a price reduction during the month. Redfin, Housing Market Update, November 5, 2026, checked November 14, 2026. Its figure is the share of U.S. listings with a price drop in the four weeks ending November 1, 2026. Portal figures count homes for sale that had a cut during one period, across a whole metro. Our figure counts homes in the city that actually sold after at least one cut over six months, and then shows what they sold for against their original asking price. A listing that was cut and has not sold, or was taken off the market, counts in the portal figures but not in ours.
TurboHome figures: TurboHome's own closings from November 1, 2025 to October 31, 2026 over $50,000 with both the original and the final list price recorded. The 247 California and 34 Texas counts are closings with both prices recorded, not total closings, and Texas is a small sample.
Notes for Austin:
- Austin closings come from ACTRIS, the Austin MLS. Its days on market are cumulative days on market, which keep counting across relistings.
- The neighborhood table covers the Austin MLS area, not only the city limits: Steiner Ranch, Lakeway, Sweetwater, Belterra and Rough Hollow are outside Austin city limits.
FAQ
Does a price cut mean I can offer below the new price in Austin?
Often, yes. Cut homes in Austin closed at a median 96.9% of the reduced price from May through October 2026, so the typical cut home still sold below its new asking price, and at 90.0% of the original. Let recent sales of similar homes set your number, not the cut alone.
How big is a typical price cut in Austin?
The median cut was 6.5% ($40,000) off the original asking price for Austin homes that were cut and sold from May through October 2026. 18.0% of cuts were under 3% and 28.4% were 10% or more.
Which Austin neighborhoods had the most price cuts?
Among Austin MLS neighborhoods with at least 20 closings from May through October 2026, North Austin Civic Association (85.2%), South Manchaca (71.0%), Southwest Austin (70.8%) and Steiner Ranch (69.8%) had the highest shares of homes sold after a price cut. Belterra and Brentwood had the lowest, both 46.4%.
Which companies refund the buyer's agent commission in Texas?
TurboHome is a flat-fee buyer's brokerage that refunds the rest of the buyer-side commission to the buyer at closing in Texas, including in Austin. Our Texas roundup also covers Homa, Prevu, Trelora, Congress Realty and Clever Real Estate; see companies that refund the buyer's agent commission in Texas for how each one works.
Related guides
- Home price cuts by city
- How much over asking to offer in Austin
- Days on market in Austin
- Closing costs in Austin
- Property taxes in Austin
- Price per square foot in Austin
- FHA loans in Austin
- Texas home buying guides
- How to get cash back when you buy a house
- Companies that refund the buyer's agent commission in Texas
About the Author
Vinura Abeysundara
Vinura Abeysundara is a real estate and growth professional with experience scaling homebuying platforms across Canada and the United States. Formerly Head of Growth at Zown, he now works with TurboHome and writes about homebuyer savings, flat-fee real estate, commissions, and technology in real estate.
View Vinura on LinkedInAbout Jake Shuler
Agent, Texas
Jake Shuler is a Texas REALTOR® with more than 10 years of real estate experience and over 200 successful transactions. As an agent at TurboHome, he helps buyers navigate the Texas housing market and writes about homebuying, negotiations, local market trends, and ways buyers can save throughout the process.
View Jake's profile