Eleven Oaks Realty is proud to present their July 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 July 2025.
The Austin Multi Family Market is a Balanced Market
In July 2025 there was 9.85 months of inventory on the Austin multi family market signaling a strong buyer’s market. Inventory was down 5.74% in month over month comparisons. The average sold to list price was 92.8%, down 1.73% in month over month comparisons. The median time to sell a multi family home in Austin was 69 days, up 115.63% in month over month comparisons. The median sold price of an Austin multi family home in July 2025 was $553,062, down 12.9% in month over month comparisons.
11.7% Increase in Median Sold Price
In July 2025, the median sold price for a multi family property in Austin was $553,062 compared to $495,000 in July 2024, showing an 11.7% increase in year over year numbers. Last month the median sold price of a multi family property was $635,000, showing a 12.9% reduction in month over month numbers.
47% Increase in Number of Sold Multi Family Properties
In July 2025, there were 22 multi family properties that sold compared to 15 in July 2024, showing a 47% increase in year over year numbers. Last month the median sold price was 23 multi family properties, showing a 4.3% decrease in month over month comparisons.
1.1% Decrease in Average Sold to List Price
In July 2025, the average sold to list price was 92.82% compared to 93.88% in July 2024, showing a 1.1% decrease in year over year numbers. Last month the average sold to list price was 94.45%, showing a 1.7% decrease in month over month comparisons.
68% Increase in Median Time to Sell
In July 2025, the median time to sell a multi family home in Austin was 69 days, compared to 41 days in July 2024, showing a 68% increase in year over year numbers. Last month the median time to sell a multi family home was 32 days, showing a 115.6% increase in month over month comparisons.
3.7% Increase in Median Price Per Square Foot
In July 2025, the median price per square foot for a multi family property was $253 compared to $244 in July 2024, showing a 3.7% increase in year over year numbers. Last month the median price per square foot for a multi family property was $311, showing an 18.6% decrease in month over month comparisons.
105% Increase in Total Sales Volume
In July 2025, the total sales volume for multi family properties in Austin was $16,678,500 compared to $8.13MM In July 2024, showing a 105% increase in year over year numbers. Last month the total sales volume was $16.37MM, showing a 1.9% increase in month over month comparisons.
27.8% Increase in Months Supply of Inventory
In July 2025, there was 9.85 months of inventory on the market compared to 7.71 months in July 2024, showing a 27.8% increase in year over year numbers. Last month there was 10.45 months of inventory on the market, showing a 5.7% decrease in month over month comparisons.
35% Increase in Number of New Pending Listings
In July 2025, there were 27 multi family properties that accepted a contract compared to 20 in July 2024, showing a 35% increase in year over year numbers. Last month there were 24 multi family properties that accepted a contract showing a 12.5% increase in month over month comparisons.
9.3% Decrease in Median Active List Price
In July 2025, the median active list price for multi family properties in Austin was $634,900 compared to $700,000 in July 2025, showing a 9.3% decrease in year over year numbers. Last month the median active list price was $600,000, showing a 5.8% increase in month over month comparisons.
12.8% Increase in Number of New Listings
In July 2025, there were 53 multi family properties introduced to the market compared to 47 in July 2024, showing a 12.8% increase in year over year numbers. Last month there were 56 multi family properties introduced to the market, showing a 5.4% decrease in month over month interactions.
15% Increase in Number of Active Multi Family Listings
In July 2025 there were 215 multi family properties actively listed on the market compared to 187 in July 2024, showing a 15% increase in year over year numbers. Last month there were 222 multi family properties listed on the market, showing a 3.2% decrease in month over month comparisons.
July 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 July 2025 Austin multi family sales below. The most expensive property that sold in July 2025 sold for $2,596,000 and the least expensive multi family property sold for $280,000. Multi family properties ranged in size from 1,380 sqft – 6,012 sqft with an average size of 2,520 sqft. The average price per square foot for a multi family property that sold in Austin in July 2025 was $304.22 with the lowest being $127.16/sqft and the highest being $582.48/sqft. It took, on average, 74 days to sell a multi family property in Austin and sellers received, on average, 88.05% of their original list prices.
| | SqFt | List Price | LP/SqFt | Sold Price | SP/SqFt | SP/LP | SP/OLP | ADOM |
|---|---|---|---|---|---|---|---|---|
| Min | 1,380 | $290,000 | $131.70 | $280,000 | $127.16 | 64% | 53% | 0 |
| Max | 6,012 | $2,645,000 | $745.57 | $2,596,000 | $582.48 | 100% | 100% | 453 |
| Avg | 2,520 | $854,943 | $336.22 | $778,024 | $304.22 | 92.1% | 88.05% | 74 |
| Med | 2,156 | $580,000 | $304.10 | $550,000 | $253.67 | 97% | 92% | 29 |
| Search Criteria | |||
|---|---|---|---|
| Status | Sold | Sold Date | July 2025 |
| Property Type | Multi Family | Number Sold | 21 |
| Source: | ABoR Sales Data | Area | Austin |
Time to Buy? Sell?
Based on the latest market data, now is a great time to buy multifamily properties in Austin. While the median price has risen by 12%, we’ve seen a 28% increase in months of inventory and a 9% drop in the median active list price. Sellers are acknowledging the shift to a buyer’s market and are pricing their properties more competitively. On average, buyers have been able to negotiate nearly 12% off the original list price—a significant advantage. With a 15% increase in active listings, sellers are facing more competition and are likely to be more motivated to close deals. Buyer activity is also on the rise, with a 35% jump in new pending listings, signaling that motivated buyers are seizing opportunities for great deals. Additionally, the time to sell has increased by 68%, giving buyers more breathing room to make informed decisions. If you’re ready to buy, be sure to get pre-approved so you can move quickly when the right property comes along.
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 July 2025 Austin Multi Family Real Estate Price Report?
Do you have questions about this July 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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