Are Home Prices Rising or Falling in Leander, TX?
Home prices in Leander, a city near Austin, TX, have held essentially flat over the past year — a notable result in a metro where prices overall are down about 6%. Here's a look at what's behind the numbers and what it means for you.
The National Picture
U.S. home prices rose 2% year over year in the 3 months ending August 2026, putting the national median at about $399,000. The typical American household earns roughly $88,000 and now spends about 34% of income on housing, an improvement from 36% a year ago. Around 20% of listings carry a price reduction, there are four months of supply, and the median home sells in 50 days.
Home Prices in the Austin Area
The Austin metro median has dropped to about $414,000, a decline of roughly 6% from a year ago. The typical household in the metro earns around $109,000 and spends about 34% of income on housing, down 2 percentage points from last year. Unlike most of its neighbors, Leander has held its ground.
Prices Hold Steady as the Metro Slides
Leander's median sale price is about $428,000, up less than 1% from a year ago. Nearly half of listings have seen a price cut, and only about 9% of homes sold above asking. Homes spend a median of 64 days on market, 6 days fewer than a year ago. In nearby Crystal Falls, prices slipped about 2% to $725,000, while Block House Creek held steady at $342,000 with a 1% gain.
Why Are Prices Flat in Leander?
Supply and demand in Leander are roughly in balance. Active listings fell about 7% from last year, and pending sales held flat, keeping the market at 5.0 months of supply. New listings grew about 5%, but the reduction in existing inventory has offset that inflow. With neither side gaining a clear edge, prices have settled into a holding pattern while nearby cities continue to slide.
| Neighborhood | Median Price | Price YoY | Price Drops | Months of Supply |
|---|---|---|---|---|
| Leander ★ | $427,717 | +0.6% | 47.5% | 5.0 |
| Crystal Falls | $724,650 | -1.7% | 51.7% | 4.9 |
| Block House Creek | $342,335 | +1.1% | 42.9% | 3.4 |
| Lago Vista | $399,735 | -12.5% | 48.3% | 7.1 |
| Buda | $398,736 | -2.1% | 50.0% | 5.6 |
| Dripping Springs | $480,132 | +3.3% | 41.3% | 3.3 |
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.
Categories
Recent Posts
