Are Home Prices Rising or Falling in Bee Cave, TX?
Bee Cave, a city near Austin, TX, is a cooling housing market where prices are becoming more affordable. Here's why, and what buyers and sellers should know today.
The National Picture
Home prices across the United States rose 2% year over year in the three months ending August 2026, bringing the national median to $398,596. The typical U.S. household earns about $87,599 a year and spends roughly 34% of income on housing, down about 2 percentage points from a year ago. About 20% of listings have had a price drop, there are roughly 4 months of supply on the market, and homes spend a median of 50 days before going under contract.
Home Prices in the Austin Area
Across the Austin metro, the median sale price sits at about $414,000, down 6% from a year ago. The typical metro-area household earns around $109K and puts about 34% of that toward housing, down about 2 percentage points from last year. With 4-plus months of supply and homes sitting on the market for 73 days, Austin has shifted toward a buyer-friendly environment where affordability is improving.
A Modest Cooldown in a Premium Market
The median sale price in Bee Cave dipped about 4% from last year to just over $1M, roughly $39,919 less than buyers would have paid a year ago. At this price point, buyers generally need well above the metro median income to purchase. About 37% of listings have had a price cut, and homes sell in a median of 44 days — 46 days faster than last year. Only about 12% of sales closed above asking, with the typical sale at 97% of list price.
Why Are Prices Pulling Back in Bee Cave?
Active listings fell 14% from last year, but new listings surged 46%, suggesting sellers are testing the market at lower prices. Pending sales rose about 12%, showing steady buyer interest. With 4.7 months of supply and just 27 sales in the period, the market has enough inventory to give buyers options without being flooded. The modest price decline reflects sellers adjusting expectations rather than a wave of distressed selling.
| Neighborhood | Median Price | Price YoY | Price Drops | Months of Supply |
|---|---|---|---|---|
| Bee Cave ★ | $1,010,581 | -3.8% | 37.3% | 4.7 |
| South Lawn | $699,312 | -16.0% | 40.6% | 5.7 |
| Barton Hills | $1,039,498 | +6.1% | 46.4% | 4.1 |
| West Oak Hill | $574,723 | -13.2% | 42.5% | 3.6 |
| Mansfield-River Place | $1,399,325 | +4.8% | 38.6% | 5.9 |
| Village at Western Oaks | $620,201 | +3.8% | 43.0% | 2.8 |
Limited to neighborhoods with at least 10 home sales in the period.
All data comes from Redfin and represents a three-month rolling average ending August 2026. This article has been generated, in whole or in part, using generative artificial intelligence (AI) technology, with input from Redfin head of economics research Chen Zhao. While efforts have been made to ensure the accuracy and reliability of this information, you should independently verify all data, facts, and citations contained in this article before relying on it for any purpose. This information is not a substitute for advice from a real estate agent, financial advisor, or other licensed professional. Check the Redfin Data Center for additional in-depth housing market data.
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