78619
Austin, Texas
Austin 78619 needs watching.
The 78619 ZIP code in Austin, Texas has a median sale price of $910K, down -20.9% year-over-year. Homes spend an average of 110 days on market, with 25% of homes selling above list price.
Folio's PropIQ™ score of 56 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 78619.
The 78619 market has corrected sharply, with the median sale price settling at $909,500 after a 20.9% year-over-year decline. Inventory is moving slowly at 109.5 days on market, nearly double the pace of peak-era conditions. Only 25% of homes are commanding above-list offers, signaling that seller pricing power has eroded significantly. This represents a fundamental shift from the bidding-war dynamics that characterized Austin's exurban markets through 2022.
Patient buyers with financing secured gain measurable advantage in this environment. The 109.5-day listing cycle provides time for inspection contingencies and appraisal negotiations that were impossible when competition was fierce. Sellers facing job relocation or carrying costs are statistically more likely to negotiate given the extended DOM and 75% of transactions closing at or below ask. Investors seeking cash-flow properties should recalibrate cap rate expectations given the 20.9% asset devaluation over twelve months.
The PropIQ score of 56 suggests continued price discovery ahead rather than immediate stabilization. Markets don't typically inflect at this signal threshold without inventory absorption improving or days-on-market compressing below 90 days. Monitor the percentage of above-list sales; movement toward 35-40% would indicate demand recovery. Until DOM trends below three months consistently, expect the median price to face downward pressure or stagnation through Q3 2026.
What is the median home price in 78619 Austin?
The median sale price in 78619 is $910K, down -20.9% year-over-year as of 2026-02-28.
How long do homes stay on the market in Austin 78619?
Homes in 78619 Austin spend an average of 110 days on market before going under contract.
Is Austin 78619 a good place to invest in real estate?
Folio's PropIQ™ score for 78619 is 56/100 — a Caution signal. 25% of homes sold above asking.
What does a PropIQ™ score of 56 mean for 78619?
PropIQ™ is Folio's proprietary market score combining price momentum, days-on-market velocity, inventory absorption, and investment signals into a 0–100 number. Score of 56 = Caution in 78619 Austin, Texas.