While Texas has spent the past several years as a hotbed for homeowners looking to sell their properties, new data revealed housing prices are dropping in most of Texas’ major cities and housing markets — including Austin and San Antonio.
Redfin’s Texas housing market data from March 2026 highlighted that home prices statewide have dropped 1.7% year over year compared to March 2025, while the percentage of homes sold has grown nearly 3%. The median price in Texas clocked in at $342,000 last month, per Redfin data — and those looking to buy property in either the Capital City or the Alamo City are in luck.
Austin’s home prices have dropped 2% between March 2025 and March 2026, with a median home value registered at $530,000 last month, Redfin analysts found. The capital city’s housing market is still “somewhat competitive,” Redfin added, with homes typically selling in about 58 days. On the flip side, San Antonio’s home prices have dropped 3.3% since last spring, with its median home price running to the tune of $260,000. However, San Antonio homes spent longer on the market — an average of 98 days compared to 72 days last year…