Home prices in the Austin-Round Rock metro area rose 0.6% to $439,995, while home sales increased 7% from July 2025 to July 2026, driven by new construction in cities like Hutto, Dripping Springs, and Liberty Hill. Townhome sales surged due to a 37% price drop from 2022 peaks. Inventory remains above pre-pandemic levels, helping keep prices stable. Buyers are showing renewed interest after years of decline.