Is Austin, TX 78754 a buyer’s or seller’s market?

The Austin housing market right now

In the three months ending August 31, 2026, 5% of homes in Austin, TX 78754 sold above their list price, the typical home went under contract in 57 days and there were 6 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 61 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (5% then), homes sold about as fast and the median sale price held steady to $364,842. Overall, Austin is about as competitive as it was a year ago.

Within Travis County, homes here sell faster than in 57% of the county’s ZIP codes, and sell less often over asking than in 89%. On our competition score, Austin ranks #619 of 868 TX ZIP codes with enough sales (score 18 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.