Homes are selling fast in Austin — but two Texas cities are faster

Even as the average U.S. home turnover rate remains at its lowest since the 1990s, Texas remains one of the leading states for new residents. An August 2025 study deemed Austin the biggest boomtown in the country, with significant jumps in population, housing units and gross domestic product (GDP) growth.

A new analysis by Realtor.com identified the top 10 U.S. metros with the highest real estate turnover rates in 2025 — and nearly half are found in the Lone Star State.

But why is a high turnover rate a good thing? Hannah Jones, a senior economic research analyst at Realtor.com, breaks it down.

“Markets with higher turnover tend to function more fluidly than markets with lower turnover, with a healthier balance of active buyers and sellers,” Jones said. “The markets with the highest turnover are typically more affordable and supported by robust for-sale inventory, particularly from new construction.”

Here’s a look at the four thriving Texas cities.

Among the top 10 U.S. metros with the highest turnover were San Antonio, Dallas, Austin and Houston — but such healthy growth didn’t happen overnight.

“Metros like San Antonio, Dallas, and Austin have seen significant building activity over the past five years, which has helped temper home price growth and expand options for buyers, ultimately encouraging more frequent home sales,” says Jones.

Here’s what local real estate professionals had to say about each city:

Daniel Cabrera, owner and founder of Sell My House Fast SA TX, attributes much of the area’s high turnover to job relocations and “equity unlocking.”

“Corporate hiring and military rotations provide constant job openings,” he said, adding, “People in San Antonio are monetizing appreciation and resetting life logistics, not panic selling. They are selling to repay debts, relocate for their relatives, and escape the commute for more space.”

Sain Rhodes, real estate expert for Cleve Offers, also emphasized the relationship between demand and sales.

“San Antonio is a city where sellers are riding the wave of demand,” Rhodes said. “Last quarter, I personally relocated clients from high-tax states like California to San Antonio. Sellers are taking advantage of this window of opportunity and not waiting around.”

Harrison Polsky, director of luxury sales at Douglas Elliman in Dallas, observed how rising home values were enticing homebuyers in DFW.

“In Dallas-Fort Worth, we’re seeing a healthy increase in homeowners putting their properties on the market, which reflects strong buyer interest and vibrant market activity,” Polsky said. “Many people are taking advantage of rising home values to move into larger homes, upgrade to newer properties, or relocate closer to family or work.”

Speaking of rising home values and job relocation, those are also among the factors driving turnover in Austin — according to local real estate broker Noá Levy, of The Boutique Real Estate powered by eXp Realty.

“During the [COVID-19] pandemic, Austin experienced rapid price appreciation, and many buyers moved here quickly and for many reasons,” Levy said. “In the last couple of years, political reasons, cost of living, desire to return to their previous areas, and even job relocation have been a factor in deciding to move away from Austin and Texas in general.”

Even those who bought before the pandemic maintain big equity.

“So people feel maybe now that interest rates came down a little bit, it may be the moment to take advantage of gains from the appreciation we saw from 2020 to 2022,” Levy added.

Down in Houston, the factors contributing to high turnover seemed much the same, according to HoustonHomeTools.com founder Ahmed Harhara.

“A lot of people bought homes during competitive market conditions, and now that lifestyles or budgets have changed, they’re adjusting by relocating sooner than planned,” Harhara said. “Turnover doesn’t necessarily reflect dissatisfaction; it reflects how dynamic the market has become.”

Heather Shepherd, a real estate agent at Douglas Elliman in Houston, listed off the reasons she’s repeatedly heard from those selling: rising homeowners insurance premiums and property taxes; commute fatigue; lifestyle upgrades; and new-construction pressures.

“Some older neighborhoods feel squeezed or overshadowed, and builders are starting to buy the older homes for new construction,” Shepherd said.

The following table shows the 10 metros with the highest turnover between September 2024 and August 2025.