Housing in Austin, MN

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$152,250

Median List Price

$227,449

Price Per Sq Ft

$126

Days on Market

65

Active Inventory

60

Months of Supply

2.3

Seller's market

Zillow Home Value

$180,010

ZHVI — January 2026

Zillow Rent Index

$732

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 37.9%List Price 27.0%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

30.8%

Off Market in 2 Weeks

23.8%

Sale-to-List Ratio

97.7%

Buyer's market

Sold Above Asking
30.8%
Under Contract in 2 Wks
23.8%
Listings with Price Drops
21.7%

Market Activity

Source: Redfin

Homes Sold

26

New Listings

24

Pending Sales

21

Homes Sold 23.8%New Listings 7.7%Pending 48.8%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$126

Median List $/SF

$133

Sale $/SF 5.9%List $/SF 17.7%Mar 24Jan 26

Austin vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 25,000 - 50,000 residents. Austin is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$155,100

Median Rent

$860

Total Housing Units

10,969

Vacancy Rate

8.2%

Owner Occupied

69.6%

Renter Occupied

30.4%

Median Property Tax

$1,621

per year

Monthly Cost (w/ Mortgage)

$971

Housing Types

Single Family
75.9%
Multi-Family
22.4%
Mobile Home
1.7%

The current median sale price in Austin, MN is $152,250 according to Redfin data. Homes spend a median of 65 days on the market. 30.8% of homes sold above asking price. The market has 2.3 months of supply. The median price per square foot is $126. Zillow's observed rent index is $732/month. About 69.6% of housing units are owner-occupied. The median year homes were built is 1957. There are 10,969 total housing units.