Central Texas housing market carries spring momentum into summer
AUSTIN, Texas — According to the May 2026 Central Texas Housing Report released by Unlock MLS, homebuyers across the Austin-Round Rock-San Marcos MSA remained active throughout the peak spring selling season, signaling that the market’s early-year momentum has continued beyond the temporary mortgage rate relief that encouraged many buyers to re-enter the market earlier this year. Pending sales increased 14.3% year over year to 3,310 transactions in May, remaining near April’s elevated level of 3,411 pending sales, reinforcing the durability of buyer demand across the region.
Vaike O’Grady, market research advisor at Unlock MLS, said May’s data suggests buyers are increasingly adapting to current market conditions rather than waiting for perfect circumstances to make a move.
“What’s particularly notable about May’s housing activity is that buyers continued to engage with the market even as many of the factors that typically create hesitation, such as affordability challenges and economic uncertainty, remained in place. That tells us consumers are making decisions based on long-term life goals and housing needs rather than trying to perfectly time the market. We’re also seeing encouraging signs of stability across key indicators, including home prices, days on market and close-to-list price ratios. Together, those trends point to a market that is functioning in a healthy and predictable way, giving both buyers and sellers greater confidence as they navigate their next move.”
John Crowe, 2026 Unlock MLS and ABoR president, said the region’s continued housing activity reflects the strength of the Central Texas housing market.
“Central Texas remains one of the most dynamic regions in the country, and the sustained buyer activity we’re seeing this spring reflects the quality of life and strong communities that make this area so attractive. For consumers, one of the biggest benefits of today's market is having the ability to be more intentional about their next move. Rather than racing against rapidly changing conditions, buyers and sellers have an opportunity to evaluate their options, ask questions and make informed decisions. A professional agent can help guide that process and provide the local perspective needed to navigate it successfully.”
Austin-Round Rock-San Marcos MSA
May 2026 - For Sale
2,953 – Residential homes sold, 3.4% less than May 2025.
$440,000 – Median price for residential homes, 0.9% less than May 2025.
4,786 – New home listings on the market, 16.7% less than May 2025.
12,508 – Active home listings on the market, 16.6% less than May 2025.
3,310 – Pending sales, 14.3% more than May 2025.
4.7 – Months of inventory, 0.3 less than May 2025.
$1,744,835,169 – Total dollar volume of homes sold, 2.2% less than May 2025.
94.5% – Average close to list price, flat compared to May 2025.
May 2026 - For Lease
2,893 – Closed leases, 1.5% less than May 2025.
$2,150 – Median price for rent, 2.1% less than May 2025.
3,953 – New lease listings on the market, 12.0% less than May 2025.
3,843 – Active lease listings on the market, 21.3% less than May 2025.
3,307 – Pending sales, 4.3% more than May 2025.
1.8 – Months of inventory, 0.2 months less than May 2025.
$6,872,951 – Total dollar volume of leases, 4.1% less than May 2025.
97.9% – Average close to list price, compared to 97.5% in May 2025.
City of Austin
May 2026 - For Sale
1,076 – Residential homes sold, 4.6% more than May 2025.
$595,000 – Median price for residential homes, 0.5% more than May 2025.
1,757 – New home listings on the market, 19.5% less than May 2025.
4,374 – Active home listings on the market, 24.5% less than May 2025.
1,157 – Pending sales, 15.9% more than May 2025.
4.4 – Months of inventory, 1.2 months less than May 2025.
$843,057,619 – Total dollar volume of homes sold, 3.4% more than May 2025.
95.2% – Average close to list price, compared to 94.6% in May 2025.
May 2026 - For Lease
1,516 – Closed leases, 0.8% more than May 2025.
$2,250 – Median price for rent, 2.2% less than May 2025.
2,044 – New lease listings on the market, 11.2 less than May 2025.
2,019– Active lease listings on the market, 17.9% less than May 2025.
1,738 – Pending sales, 5.7% more than May 2025.
2.0 – Months of inventory, 0.1 months less than May 2025.
$3,855,926 – Total dollar volume of leases, 2.1% less than May 2025.
97.5% – Average close to list price, compared to 96.9% in May 2025.
Travis County
May 2026 - For Sale
1,353 – Residential homes sold, 1.6% more than May 2025.
$535,000 – Median price for residential homes, 3.9% less than May 2025.
2,308 – New home listings on the market, 17.3% less than May 2025.
6,096 – Active home listings on the market, 19.8% less than May 2025.
1,524 – Pending sales, 20.3% more than May 2025.
4.8 – Months of inventory, 0.9 months less than May 2025.
$988,446,319 – Total dollar volume of homes sold, 2.9% more than May 2025.
94.8% – Average close to list price, compared to 94.7% in May 2025.
May 2026 - For Lease
1,700 – Closed leases, 1.0% more than May 2025.
$2,200 – Median price for rent, 4.1% less than May 2025.
2,299 – New lease listings on the market, 10.9% less than May 2025.
2,386 – Active lease listings on the market, 17.2% less than May 2025.
1,908 – Pending sales, 2.3% more than May 2025.
2.0 – Months of inventory, 0.2 months less than May 2025.
$4,278,581 – Total dollar volume of leases, 3.0% less than May 2025.
97.6% – Average close to list price, compared to 97.0% in May 2025.
Williamson County
May 2026 - For Sale
1,063 – Residential homes sold, 1.9% more than May 2025.
$406,000 – Median price for residential homes, 4.5% less than May 2025.
1,552 – New home listings on the market, 15.3% less than May 2025.
3,722 – Active home listings on the market, 16.9% less than May 2025.
1,124 – Pending sales, 17.8% more than May 2025.
4.2 – Months of inventory, 0.1 months less than May 2025.
$498,418,101 – Total dollar volume of homes sold, 1.0% less than May 2025.
94.3% – Average close to list price, compared to 94.7% in May 2025.
May 2026 - For Lease
843 – Closed leases, 11.5% less than May 2025.
$2,175 – Median price for rent, 0.7% less than May 2025.
1,214 – New lease listings on the market, 16.2% less than May 2025.
969 – Active lease listings on the market, 34.5% less than May 2025.
1,012 – Pending sales, 1.4% more than May 2025.
1.3 – Months of inventory, 0.4 months less than May 2025.
$1,869,940 – Total dollar volume of leases, 11.6% less than May 2025.
98.8% – Average close to list price, compared to 98.3% in May 2025.
Hays County
May 2026 - For Sale
375 – Residential homes sold, 28.7% less than May 2025.
$390,000 – Median price for residential homes, 1.6% more than May 2025.
628 – New home listings on the market, 19.5% less than May 2025.
1,751 – Active home listings on the market, 10.8% less than May 2025.
462 – Pending sales, 7.4% less than May 2025.
5.1 – Months of inventory, 1.3 months more than May 2025.
$198,345,451 – Total dollar volume of homes sold, 24.7% less than May 2025.
94.3% – Average close to list price, compared to 93.9% to May 2025.
May 2026 - For Lease
265 – Closed leases, 14.2% more than May 2025.
$1,950 – Median price for rent, 2.5% less than May 2025.
321 – New lease listings on the market, 12.8% less than May 2025.
353 – Active lease listings on the market, 13.1% less than May 2025.
296 – Pending sales, 25.4% more than May 2025.
1.8 – Months of inventory, 1.8 months more than May 2025.
$567,006 – Total dollar volume of leases, 12.1% more than May 2025.
97.9% – Average close to list price, compared to 97.8% in May 2025.
Bastrop County
May 2026 - For Sale
117 – Residential homes sold, 9.3% more than May 2025.
$350,000 – Median price for residential homes, flat compared to May 2025.
222 – New home listings on the market, 20.7% less than May 2025.
719 – Active home listings on the market, 5.1% less than May 2025.
150 – Pending sales, 7.9% more than May 2025.
6.4 – Months of inventory, 1.3 months less than May 2025.
$46,330,088 – Total dollar volume of homes sold, 15.0% more than May 2025.
93.2% – Average close to list price, compared to 93.7% in May 2025.
May 2026 - For Lease
67 – Closed leases, 34.0% more than May 2025.
$1,890 – Median price for rent, 4.9% less than May 2025.
89 – New lease listings on the market, 23.6% more than May 2025.
96 – Active lease listings on the market, 9.1% more than May 2025.
68 – Pending sales, 30.8% more than May 2025.
2.7 – Months of inventory, 0.1 months more than May 2025.
$130,544 – Total dollar volume of leases, 24.7% more than May 2025.
96.9% – Average close to list price, compared to 97.8% in May 2025.
Caldwell County
May 2026 - For Sale
45 – Residential homes sold, 6.3% less than May 2025.
$250,000 – Median price for residential homes, 20.5% less than May 2025.
76 – New home listings on the market, 16.9% more than May 2025.
220 – Active home listings on the market, 15.8% more than May 2025.
50 – Pending sales, 31.6% more than May 2025.
4.9 – Months of inventory, 0.3 months more than May 2025.
$13,295,210– Total dollar volume of homes sold, 23.5% less than May 2025.
92.3% – Average close to list price, compared to 92.7% in May 2025.
May 2026 - For Lease
18 – Closed leases, 5.3% less than May 2025.
$1,575 – Median price for rent, 7.4% less than May 2025.
30 – New lease listings on the market, 42.9% more than May 2025.
39 – Active lease listings on the market, 34.5% more than May 2025.
23 – Pending sales, 15.0% more than May 2025.
2.6 – Months of inventory, 2.6 months more than May 2025.
$26,880 – Total dollar volume of leases, 12.5% less than May 2025.
96.3% – Average close to list price, compared to 96.9% in May 2025.
For more information or to download the May 2026 Central Texas Housing Market Report, visit UnlockMLS.com/Stats.
Unlock MLS marks the intersection of knowledge, humanity, and home. For nearly 60 years, we’ve fostered the most complete, accurate, timely, and reliable real estate marketplace for the 18-county Central Texas region. In partnership with the 18,000 real estate professionals who power our MLS, we lead the industry in transparency, data integrity, and a people-first focus to make home buying, selling, and renting accessible and attainable for all. For more information, visit UnlockMLS.com.