Several ZIP codes in Northwest Austin saw a year-over-year increase in home sales in May, while the median price of homes sold declined by a little more than 7%, according to data provided by Unlock MLS.
The gist
Six out of seven ZIP codes in Northwest Austin saw a rise in home sales in May. Homes under contract, or pending sales, also rose—from 126 to 137.
The rise in home sales coincided with a decline in sales prices, dropping from a median cost of $535,000 in May 2025 to $495,000 this May. The 78758 ZIP code saw the largest decline in prices, going from a median price of $698,000 to $395,000. The median price per square foot in Northwest Austin also dropped from $298 to $296.
While sales went up, the number of new homes listed on market declined from 250 in May 2025 to 211 this May. The average amount of time homes spent on the market also rose in four of the seven ZIP codes. Overall, the average time increased from 34 to 36.
Zooming out
The Northwest Austin housing market follows similar trends seen across the Austin-Round Rock-San Marcos Metropolitan Statistical Area. Median prices declined by about 1% and pending sales rose by more than 14%.
Where the Austin metro area differed was in home sales, which declined by 3.4%.
Looking at Travis County, home sales rose by 1.6%, the median price dropped by 3.9% and pending sales rose by more than 20%. Williamson County experienced similar activity, with a 1.9% increase in sales, a 4.5% decline in prices and 17.8% rise in pending sales.
Vaike O’Grady, market research advisor at Unlock MLS, said in a news release the May data suggests buyers are adapting to the current market conditions rather than waiting for perfect circumstances to 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,” O’Grady said. “That tells us consumers are making decisions based on long-term life goals and housing needs rather than trying to perfectly time the market.”
Catch up on how May’s data compares to Unlock MLS data from April.
