Eleven Oaks Realty is proud to present their August 2025 Austin Multi Family Real Estate Price Report measuring activity in the Austin multi family market. This report includes all multi family properties (duplex, triplex and quadplex) that sold in August 2025.
The Austin Multi Family Market is a Buyer’s Market
In August 2025, there were 8.85 months of inventory on the Austin multi family real estate market, showing a 12.46% decrease in month over month comparisons. The average sold to list price was 95.2%, showing a 3.04% increase in month over month comparisons. The median time to sell a multi family home in Austin was 42 days, showing a 13.51% increase in month over month comparisons. The median sold price was $600,000, showing a 9.98% increase in month over month comparisons.
What the Numbers Mean for Buyers
The Austin multi family market is clearly favoring buyers right now. With 8.85 months of inventory, buyers have more options and more leverage in negotiations. While the median sold price jumped 13.5% year-over-year to $600,000, the median price per square foot fell 5.2%. This means buyers may be able to find larger or better-located properties at more attractive price-per-foot values.
The average sold-to-list price at 95.2% shows sellers are discounting from original expectations, while median days on market (42 days) gives buyers more breathing room than in past years. Fewer new listings (-22% year-over-year) could limit fresh supply, but active inventory remains elevated, keeping competition in check.
Buyer Action Items
- Get pre-approved: Be ready to act when a strong deal appears.
- Negotiate strategically: Use the 4–7% average gap between list and sold prices to secure concessions.
- Focus on long-term rental demand: With Austin’s strong job growth, multi family units remain attractive investment vehicles, especially when bought at today’s price-per-foot discounts.
- Target motivated sellers: Properties sitting longer on the market or with recent price cuts may yield better deals.
What the Numbers Mean for Sellers
For sellers, the story is mixed. On the one hand, median sales prices are up nearly 14% year-over-year, and total sales volume rose 34% year-over-year, proving buyers are still active. On the other hand, the increase in months of inventory (up nearly 28% year-over-year) and more active listings (+12.4%) means competition is higher.
Buyers have leverage, and sellers must price realistically. The 11.4% drop in median active list price compared to last year shows the market is forcing adjustments. Well-positioned properties in desirable locations are still selling, but marketing and presentation are more important than ever.
Seller Action Items
- Price competitively from the start: Overpricing leads to longer days on market and bigger discounts later.
- Highlight investment potential: Showcase rental history, occupancy rates, or value-add opportunities.
- Stage for investors: A clean, well-maintained property signals lower risk and better ROI.
- Work with a Realtor skilled in multi family marketing: Professional exposure and investor-targeted positioning are crucial.
13.5% Increase in Median Sold Price
In August 2025, the median sold price of a multi family property in Austin was $600,000 compared to $528,750 in August 2024, showing a 13.5% increase in year over year numbers. Last month the median sold price was $545,560 showing a 10% increase in month over month comparisons.
31.3% Increase in Number of Sold Listings
In August 2025, there were 21 multi family properties to sell compared to 16 in August 2024, showing a 31.3% increase in year over year numbers. Last month there were 22 multi family properties that sold, showing a 4.5% decrease in month over month comparisons.
0.95% Increase in Average Sold to List Price
In August 2025, the average sold to list price for a multi family property in Austin was 95.17% compared to 94.27%, showing an 0.95% increase in year over year numbers. Last month the average sold to list price was 92.36%, showing a 3% increase in month over month comparisons.
25% Decrease in Median Time to Sell
In August 2025, the median time to sell a multi family property in Austin was 42 days compared to 56 days in August 2024, showing a 25% decrease in year over year numbers. Last month the median time to sell was 37 days, showing a 13.5% increase in month over month comparisons.
5.2% Decrease in Median Price Per Square Foot
In August 2025, the median price per square foot for a multi family property in Austin was $275 compared to $290 in August 2024, showing a 5.2% decrease in year over year numbers. Last month, the median price per square foot was $248, showing a 10.9% increase in month over month comparisons.
34.3% Increase in Total Sales Volume
In August 2025, the total sales volume was $13,737,100 compared to $10.23MM in August 2024, showing a 34.3% increase in year over year numbers. Last month the total sales volume was $16.66MM, showing a 17.6% decrease in month over month comparisons.
27.9% Increase in Months Supply of Inventory
In August 2025, there were 8.85 months of inventory on the Austin multi family market compared to 6.92 months in August 2024, showing a 27.9% increase in year over year numbers. Last month there were 10.11 months of inventory on the Austin must family market, showing a 12.5% decrease in month over month comparisons.
7.4% Decrease in Number of New Pending Listings
In August 2025, there were 25 multi family listings that accepted a contract compared to 27 in August 2024, showing a 7.4% decrease in year over year numbers. Last month, there were 24 multi family homes that accepted a contract, showing a 4.2% increase in month over month comparisons.
11.4% Decrease in Median Active List Price
In August 2025, the median active list price was $619,900, compared to $699,500, showing an 11.4% decrease in year over year numbers. Last month the median active list price was $625,000, showing an 0.8% decrease in month over month numbers.
22% Decrease in Number of New Listings
In August 2025, there were 32 multi family homes introduced to the market compared to 41 in August 2024, showing a 22% decrease in year over year numbers. Last month there were 53 multi family properties introduced to the market, showing a 39.6% decrease in month over month comparisons.
12.4% Increase in Number of Active Listings
In August 2025, there were 191 multi family properties actively listed for sale compared to 170 in August 2024, showing a 12.4% increase in year over year numbers. Last month there were 220 multi family properties actively listed for sale, showing a 13.2% decrease in month over month comparisons.
August 2025 Austin Multi Family Real Estate Price Report – Strictly Numbers
For those of you who prefer to see the actual numbers, we’ve included the figures for August 2025 Austin multi family sales below. The most expensive property that sold in August 2025 sold for $1,008,250 and the least expensive multi family property sold for $369,000. Multi family properties ranged in size from 1,560 sqft – 3,936 sqft with an average size of 2,274 sqft. The average price per square foot for a multi family property that sold in Austin in August 2025 was $285.12 with the lowest being $166.82/sqft and the highest being $524.18/sqft. It took, on average, 53 days to sell a multi family property in Austin and sellers received, on average, 93.8% of their original list prices.
| | SqFt | List Price | LP/SqFt | Sold Price | SP/SqFt | SP/LP | SP/OLP | ADOM |
|---|---|---|---|---|---|---|---|---|
| Min | 1,560 | $369,900 | $167.22 | $369,000 | $166.82 | 87% | 82% | 3 |
| Max | 3,936 | $1,100,000 | $546.70 | $1,008,250 | $524.18 | 104% | 104% | 197 |
| Avg | 2,274 | $662,612 | $301.16 | $626,855 | $285.12 | 95.15% | 93.8% | 53 |
| Med | 2,139 | $616,950 | $279.33 | $585,000 | $272.12 | 96% | 94.5% | 37 |
| Search Criteria | |||
|---|---|---|---|
| Status | Sold | Sold Date | August 2025 |
| Property Type | Multi Family | Number Sold | 20 |
| Source: | ABoR Sales Data | Area | Austin |
Time to Buy? Sell?
Based on August 2025’s data, the Austin multi family market is firmly in buyer’s territory. Prices have climbed, but so has inventory, and sellers are increasingly willing to negotiate. Buyers can capitalize on higher supply, longer days on market, and recent list price reductions to secure favorable terms.
For sellers, success depends on standing out in a competitive field. Pricing realistically and emphasizing your property’s investment potential will help attract motivated buyers. While the market isn’t as seller-friendly as in past years, strong demand and rising sales volumes prove that well-positioned properties still sell for solid returns.
👉 Bottom line: Buyers should move decisively while conditions favor negotiation, and sellers should focus on presentation and competitive pricing to capture today’s investor demand.
If you’re looking to sell your multi-family property in Austin, now is the time to maximize its value. To attract top-dollar offers, focus on showcasing your property as a standout investment. Buyers are willing to pay a premium when they see the potential, especially if your property is in a sought-after location or a top-rated school district—both of which are rare and highly desirable. Take the time to prepare your property to meet market expectations, and partner with a Realtor who specializes in marketing multi-family properties. A skilled Realtor will have proven strategies to help you secure the best possible price. Need tips to get started? Explore our 88 Ways to Sell Your Home Faster and For More Money for actionable advice. With a little preparation, preparing your property now ensures you’re ready to hit the market at the perfect time for you. For more details on our Home Selling Program, visit Selling in Austin.
For those considering the purchase of a multi-family property in Austin, timing and expertise are key. Set alerts for new listings and act quickly to evaluate opportunities. Partner with a seasoned Realtor who specializes in the multi-family market and employs proven strategies to get your offers accepted—without necessarily increasing your bid. Our team brings not only deep market knowledge but also firsthand experience as owners of successful multi-family properties with strong tenant demand. We can guide you in identifying high-performing properties that maximize your net income. Leverage our expertise to make your investment a profitable one. To learn more about purchasing a multi-family property, visit Buying in Austin.
Questions About the August 2025 Austin Multi Family Real Estate Price Report?
Do you have questions about this August 2025 Austin Multi Family Real Estate Price Report? Call us at (512) 827-8323 or email us at info@11OaksRealty.com and we’ll help you in any way we can. If you’re looking to buy or sell Austin real estate, don’t forget to check out our Buyer Resources and our Seller Resources for more tips.
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