In April, new listings in the Austin-Round Rock-San Marcos MSA rose 11.5% to 5,710 listings, increasing housing inventory to 5.6 months, 1.8 months more than April 2024, according to the latest Central Texas Housing Report released by Unlock MLS. At the same time, home sales fell 13.8% to 2,484 listings while the median sales price dipped 3.2% to $450,000. The data mirrors national trends of declining home sales amid higher mortgage rates and wavering consumer confidence.

The Texas mortgage interest rate on May 20, 2025 is up 2 basis points from last week's average Texas rate of 6.98%.

Additionally, the current average 15-year fixed mortgage rate in Texas increased 1 basis point from 6.05% to 6.06% and the current average 5-year ARM mortgage rate is up 2 basis points from 7.88% to 7.90%.