As of June 2025, homes in the Austin metro are on the market for an average of 61 days. Realtor.com has more localized data, showing how long homes are taking to sell in each zip code across the ...

About the writer. Giulia Carbonaro is a Newsweek reporter based in London, U.K. Her focus is on the U.S. economy, housing market, property insurance market, local and national politics.

Vehicles drive on Congress Avenue on March 19 in Austin, Texas. Despite seeing a mass influx of new residents during the COVID-19 pandemic, Austin's housing market is now declining in value.

Austin is home to 10 billionaires. Here's who they are, and how they made their money From Dell to Tesla, Austin has a burgeoning reputation as a Southern money-maker.