Is Austin, TX 78729 a buyer’s or seller’s market?
Austin is a buyer’s market. With about 6.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 25% of U.S. ZIP codes, and #322 of 868 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Austin housing market right now
In the three months ending August 31, 2026, 13% of homes in Austin, TX 78729 sold above their list price, the typical home went under contract in 41 days and there were 6.6 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 48 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 17%, homes sold faster (50 days then) and the median sale price rose 5% to $469,797. Overall, Austin is about as competitive as it was a year ago.
Within Williamson County, homes here sell faster than in 94% of the county’s ZIP codes, and sell more often over asking than in 94%. On our competition score, Austin ranks #322 of 868 TX ZIP codes with enough sales (score 29 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) is even more competitive.
Run the numbers for 78729
Nearby markets
Austin 78717Balanced $230 /sq ftCedar Park 78613Seller’s market $217 /sq ftCoupland 78615Buyer’s market $187 /sq ftFlorence 76527Buyer’s market $183 /sq ft Browse all markets →Towns like Austin nearby
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Questions about Austin real estate
Is Austin a buyer’s or seller’s market?
A buyer’s market: there were 6.6 months of supply in Austin, TX 78729 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Austin?
The typical home went under contract in 41 days in the latest three months.
Do homes in Austin sell over asking?
13% of homes sold above their original list price, and the typical sale closed at 97.6% of the list price.
What are property taxes in Austin?
About 1.61% of a home’s value a year in Williamson County, or roughly $6,440 on a $400,000 home.
What is the median home price in Austin?
The median sale price was $469,797 in the three months ending August 31, 2026, about $229 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology