Is Austin, TX 78759 a buyer’s or seller’s market?
Austin is a seller’s market. With about 3.4 months of supply and 14% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 33% of U.S. ZIP codes, and #203 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, 14% of homes in Austin, TX 78759 sold above their list price, the typical home went under contract in 50 days and there were 3.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 129 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 6%, homes sold faster (53 days then) and the median sale price rose 17% to $699,697. Overall, Austin is more competitive than a year ago, so tougher for buyers.
Within Travis County, homes here sell faster than in 76% of the county’s ZIP codes, and sell more often over asking than in 74%. On our competition score, Austin ranks #203 of 868 TX ZIP codes with enough sales (score 35 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 78759
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
Find towns like Austin in other states →Where Austin is
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Questions about Austin real estate
Is Austin a buyer’s or seller’s market?
A seller’s market: there were 3.4 months of supply in Austin, TX 78759 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 50 days in the latest three months.
Do homes in Austin sell over asking?
14% 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 1.48% 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 $332 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