Is Austin, TX 78757 a buyer’s or seller’s market?
Austin is a balanced market. With about 4.4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 13% of U.S. ZIP codes, and #562 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, 9% of homes in Austin, TX 78757 sold above their list price, the typical home went under contract in 68 days and there were 4.4 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 102 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 12%, homes sold more slowly (53 days then) and the median sale price rose 13% to $699,697. Overall, Austin is less competitive than a year ago, which gives buyers more room.
Within Travis County, homes here sell more slowly than in 63% of the county’s ZIP codes, and sell more often over asking than in 52%. On our competition score, Austin ranks #562 of 868 TX ZIP codes with enough sales (score 19 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.
Run the numbers for 78757
Nearby markets
Austin 78701Buyer’s market $705 /sq ftAustin 78702Buyer’s market $430 /sq ftAustin 78703Buyer’s market $565 /sq ftAustin 78704Buyer’s market $507 /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 balanced market: there were 4.4 months of supply in Austin, TX 78757 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 68 days in the latest three months.
Do homes in Austin sell over asking?
9% of homes sold above their original list price, and the typical sale closed at 96.8% of the list price.
What are property taxes in Austin?
About 1.48% of a home’s value a year in Travis County, or roughly $5,920 on a $400,000 home.
What is the median home price in Austin?
The median sale price was $699,697 in the three months ending August 31, 2026, about $427 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