If you’re watching the Austin real estate market right now, you might be wondering: where are home prices headed? Is it still a good time to buy or sell? Here’s what’s really happening — especially in our specialty areas of Westlake and Eanes ISD.
Across Austin, the market is cooling after years of extreme growth. The median home price has dropped to around $409,000, down about 4.7% year-over-year. There’s more inventory available — active listings are up over 16% — and homes are sitting a bit longer, around 84 days on market. While high mortgage rates near 7% are keeping affordability tight, it’s creating real opportunities for well-prepared buyers.
But in Westlake and Eanes ISD, it’s a different story.
Here, median home prices are still well over $1.6 million, and values are holding strong with year-over-year appreciation above 5%. This area continues to outperform much of the Austin market, driven by top-rated schools, stunning natural beauty, and easy access to Downtown. Westlake homes for sale remain among the most desirable investments in Central Texas.
Elsewhere in Austin, East Austin and Del Valle are seeing the fastest growth thanks to major employer expansions like Tesla, but if you’re looking for long-term stability and lifestyle, Westlake real estate still stands at the top.
The rental market also took a big dip — with rents down 22% from their peak — but we expect stabilization and slight rebounds in 2025, especially in family-friendly suburbs.
The Austin housing market is stabilizing, not crashing.
If you’re thinking about buying, selling, or investing in areas like Westlake, Eanes ISD, or greater Austin, now’s the time to get strategic.
🏡 Ready to talk real estate in Westlake, Eanes, or beyond?
Connect with the Council Real Estate Group — the #1 producing team in Cuernavaca and Westlake, and your go-to experts for luxury and investment real estate in Austin.
Are you a seller and looking for more info on our bubbling Spring Market? Get the scoop in our Spring Market update for sellers here: https://thecouncilregroup.com/blog/austins-2025-spring-market-a-sellers-paradise
Are you a buyer looking to search homes? Try this link for the latest in Austin and Westlake:
Are you a seller and looking for more info on our bubbling Spring Market?
For The Council Real Estate Group, residential real estate is about more than just finding a house to live in. It’s about building a lifestyle in the right home and community for you and your family.
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