Are Home Prices Rising or Falling in Round Rock, TX?
Round Rock, a city near Austin, TX, is a cooling housing market where prices are becoming more affordable. Here's a look at what's behind the numbers and what it means for you.
The National Picture
Home prices across the United States rose 2% year over year in the three months ending August 2026, bringing the national median to $398,596. The typical U.S. household earns about $87,599 a year and spends roughly 34% of income on housing, down about 2 percentage points from a year ago. About 20% of listings have had a price drop, there are roughly 4 months of supply on the market, and homes spend a median of 50 days before going under contract.
Home Prices in the Austin Area
Across the Austin metro, the median sale price sits at about $414,000, down 6% from a year ago. The typical metro-area household earns around $109K and puts about 34% of that toward housing, down about 2 percentage points from last year. With 4-plus months of supply and homes sitting on the market for 73 days, Austin has shifted toward a buyer-friendly environment where affordability is improving.
Buyers Gain Ground as Prices Soften
The median sale price in Round Rock fell about 4% from a year ago to $383,746, roughly $16,406 less than buyers would have paid last year. That puts the typical home here below the Austin metro median, making it one of the more accessible larger cities in the area. About 46% of listings have had a price cut, and homes sell in a median of 55 days, 8 days faster than a year ago. About 14% of sales closed above asking, and the typical sale landed at 98% of list price. Nearby Meadows at Chandler Creek posted a similar 4% decline, while Forest Creek rose 12%.
Why Are Prices Pulling Back in Round Rock?
Both supply and demand have contracted in Round Rock. Active listings fell 11%, and new listings dropped 3%. But pending sales declined 15%, a steeper drop that signals weakening buyer activity. With 5.4 months of supply, the market favors buyers. Sellers are adjusting: nearly half of listings have been reduced. For buyers, the combination of falling prices, slower sales, and willing sellers creates a favorable negotiating environment.
| Neighborhood | Median Price | Price YoY | Price Drops | Months of Supply |
|---|---|---|---|---|
| Round Rock | $383,746 | -4.1% | 46.1% | 5.4 |
| Meadows at Chandler Creek | $336,937 | -3.7% | 50.5% | 3.2 |
| Forest Creek | $755,635 | +12.3% | 74.2% | 7.3 |
Limited to neighborhoods with at least 10 home sales in the period.
All data comes from Redfin and represents a three-month rolling average ending August 2026. This article has been generated, in whole or in part, using generative artificial intelligence (AI) technology, with input from Redfin head of economics research Chen Zhao. While efforts have been made to ensure the accuracy and reliability of this information, you should independently verify all data, facts, and citations contained in this article before relying on it for any purpose. This information is not a substitute for advice from a real estate agent, financial advisor, or other licensed professional. Check the Redfin Data Center for additional in-depth housing market data.
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