Is Austin, TX 78717 a buyer’s or seller’s market?

The Austin housing market right now

In the three months ending August 31, 2026, 8% of homes in Austin, TX 78717 sold above their list price, the typical home went under contract in 59 days and there were 5.9 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 69 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 10%, homes sold more slowly (49 days then) and the median sale price rose 4% to $612,235. Overall, Austin is less competitive than a year ago, which gives buyers more room.

Within Williamson County, homes here sell faster than in 69% of the county’s ZIP codes, and sell less often over asking than in 62%. On our competition score, Austin ranks #618 of 868 TX ZIP codes with enough sales (score 18 out of 100).

Nearby, buyers who want less competition could look at Coupland 78615 (0% sold over asking) or Thrall 76578 (0% sold over asking), while Granger 76530 (25% sold over asking) and Austin 78729 (13% sold over asking) are even more competitive.