How does the housing market look in 78704? Take a look at up-to-date home sale trends like the latest home sale prices, new listings, and more.
Market Insights
78704 Austin, TX
Median Sale Price
$887,278
16.9%
New Listings
84
27.0%
Number of Homes Sold
32
31.9%
Median Days on Market
45
132.0%
Market Overview
All Home Types
In the last 30 days, homes for sale in 78704, Austin, TX sold for a median price of $887,278, up 16.9% compared to the same period last year. The median price per square foot was $561.52, down 16.7% year-over-year. There were 32 homes sold, down from 47 last year.
Median
lightbulbWhat does this mean?
The median sale price helps you understand how much you should expect to spend on a home in a market. The higher the median price of the homes, the more expensive the market is overall. The rate at which home prices change is an indicator of whether homes are becoming more or less affordable in that market. Learn more about buying a home.
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Get your maximum home value with minimal effort
Use Orchard’s free tool to get your most accurate home valuation today.
Get StartedHousing Supply
All Home Types
Yesterday, the total number of homes for sale in 78704, Austin, TX was 343, up 13.6% compared to last year. In the last 30 days, 84 new homes were listed for sale, down 27% year-over-year. The median days on market was 45, up from 19.4 days last year. The months of supply was 9.16, up from 4.7 months last year.
lightbulbWhat does this mean?
The number of homes that are available for sale in a market tells you how much choice you have. The rate at which this number changes indicates whether the number of options are increasing or decreasing for buyers. Learn more about buying in a hot market.
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Your dream home is waiting for you.
Tell us your must-haves, and we’ll share all the homes that meet your criteria.
Start QuizHousing Demand
All Home Types
In the last 30 days, homes in 78704, Austin, TX had a median sale-to-list-price ratio of 91.38%, down 6.2 pt compared to the same period last year. 6.25% of homes sold above list price, down 15 pt year-over-year. 56.25% of homes listed dropped in price, up 18 pt from last year.
Median
lightbulbWhat does this mean?
Sale-to-list price tells you how much you may have to pay over the asking price to buy the home you want. When this number is above 100%, you may need to pay more than the asking price for the home you want.
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Get StartedHomes For Sale In 78704
