As of writing this on April 12, 2026, the data referenced here draws from the Texas Real Estate Research Center (TRERC) March 2026 Texas Housing Insight report, Redfin's February 2026 market data, Neuhaus Realty Group's March 2026 Georgetown market update, and Round Rock Real Estate's 2026 market report.

Austin: The Longest Correction in the City's History

Austin was the pandemic era's most spectacular boomtown. It's now in one of the most prolonged corrections of any major U.S. market. The data is clear:

According to the Texas Real Estate Research Center (TRERC) March 2026 Texas Housing Insight (Texas A&M University, March 2026):

JVM Lending's 2026 Texas Forecast (JVM Lending, March 2026) puts Austin's median sale price at approximately $520,000 — down 2.8% year-over-year, with a 90-day median on market. Homes are selling at approximately 96% of list price, with 22% showing price drops.

Per Home Buying Institute's Austin forecast, after peaking at a median of $559,000 in summer 2022, Austin-area prices dropped to approximately $428,000 in late 2025 — "possibly setting a record for the longest sustained price decline in the region's history."

Round Rock: Most Buyer-Favorable Market Since 2019

Round Rock, closely tied to Austin's market dynamics, is experiencing similar pressure:

Per Redfin's February 2026 Round Rock Report (Redfin, February 2026):

Round Rock Real Estate's 2026 Market Report describes the current environment as "unambiguously a buyer's market — the most buyer-favorable environment the city has seen since the pre-pandemic era," with inventory above 600 active listings and sellers "routinely accepting below list price after months of searching for offers."

For sellers in Round Rock: School district assignment is the strongest predictor of price resilience. Leander ISD communities have held value better than most Round Rock ISD communities during the current softening cycle, per the local market report.

Georgetown: Inventory Explosion

Georgetown has seen one of the most dramatic inventory buildups in the entire Austin metro.

Per Neuhaus Realty Group's March 2026 Georgetown Market Update (Neuhaus Realty Group, March 2026):

Houzeo's Georgetown data (Houzeo, current) shows 71.43% of Georgetown homes with price reductions, with 0% of homes selling over asking price — down from 10.77% a year earlier.

Waco & Killeen: More Stable Than the Metro

Central Texas markets outside the Austin orbit tell a different story. Per Houzeo's Waco Market Analysis (Houzeo, current):

Per Harding & Carbone's Texas Housing Market Outlook, cities like Waco are seeing increased population growth from expanding universities, healthcare systems, and regional industries — providing a more stable demand base than the tech-driven Austin market.

Killeen benefits from the stability of Fort Cavazos (formerly Fort Hood) and the military community, providing consistent housing demand that insulates the market from the boom-bust cycles of the larger Texas metros.

What This Means for Central Texas Sellers in 2026

The Austin metro — including Round Rock and Georgetown — is clearly a buyer's market in 2026. Sellers who need to move quickly face real challenges:

For sellers who need certainty and speed over maximum retail price, a direct sale through a buyer network removes months of carrying costs, price reduction risk, and market uncertainty.

Tallbridge serves sellers across Austin, Round Rock, Georgetown, Cedar Park, Leander, Killeen, and Waco. Get your offer here.

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