Is Austin, TX 78722 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 78722 sold above their list price, the typical home went under contract in 54 days and there were 3.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 27 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 11%, homes sold faster (70 days then) and the median sale price fell 10% to $596,242. Overall, Austin is about as competitive as it was a year ago.

Within Travis County, homes here sell faster than in 67% of the county’s ZIP codes, and sell less often over asking than in 65%. On our competition score, Austin ranks #497 of 868 TX ZIP codes with enough sales (score 21 out of 100).

Nearby, buyers who want less competition could look at Austin 78742 (0% sold over asking) or Austin 78719 (0% sold over asking), while Austin 78736 (23% sold over asking) and Austin 78739 (21% sold over asking) are even more competitive.