MarketsAustin, MN

Are home prices going up or down in Austin, MN?

In Austin, MN, the typical home sold for $262,500 during May 2026. That is 34% higher than the same stretch a year ago, so prices are up.

$262,500
Typical sale price
▲ 34% vs last year
$186,500
Three years ago
$128
Per square foot
$233,250
Typical asking price

Over the last 36 months the typical sale price in Austin, MN went from $186,500 to $262,500 — up 41%.

Prices are at their highest point in that three-year window right now.

Measured by size, homes in Austin, MN are selling for about $128 per square foot. Price per square foot is the fairer comparison when the mix of what sells shifts from month to month — a run of big houses can push the typical price up without anything actually getting more expensive.

Source: Redfin's published market data for the Austin, MN area, through May 2026.

2023-06 2026-05
Typical sale price, month by month.

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Figures come from Redfin's published market data for the Austin, MN area, through May 2026. Neighborhood Numbers is an independent data publisher and is not affiliated with Redfin. We update these pages when Redfin publishes, once a month.