78641
Austin, Texas
Austin 78641 needs watching.
The 78641 ZIP code in Austin, Texas has a median sale price of $461K, down -1.7% year-over-year. Homes spend an average of 125 days on market, with 6% of homes selling above list price.
Folio's PropIQ™ score of 55 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 78641.
The 78641 ZIP code market shows clear deceleration with a median sale price of $461,000, down 1.7% year-over-year as of February 2026. Homes are averaging 125 days on market, indicating substantially weakened demand compared to historical Austin-area norms. Only 6% of properties are selling above list price, a stark reversal from the competitive bidding environment that characterized this market in previous years. These metrics collectively signal a transition toward buyer-favorable conditions.
This environment favors patient buyers with financing already secured who can leverage the extended 125-day marketing period to negotiate below asking price. The 94% of homes selling at or below list presents material negotiating leverage absent during tighter inventory periods. Sellers facing time constraints or those who purchased near recent peak pricing face compression risk. Investors seeking cash-flowing rentals may find entry points, though the negative price trajectory requires careful underwriting of basis relative to rental yields.
The PropIQ score of 55 reflects neutral-to-cautious conditions requiring active monitoring of inventory accumulation trends. With days on market elevated and price momentum negative, watch for further capitulation in seller expectations if absorption rates continue weakening. The low above-list percentage suggests any near-term recovery requires either demand catalysts or meaningful inventory contraction. Current data argues against urgency in purchase decisions until stabilization signals emerge.
What is the median home price in 78641 Austin?
The median sale price in 78641 is $461K, down -1.7% year-over-year as of 2026-02-28.
How long do homes stay on the market in Austin 78641?
Homes in 78641 Austin spend an average of 125 days on market before going under contract.
Is Austin 78641 a good place to invest in real estate?
Folio's PropIQ™ score for 78641 is 55/100 — a Caution signal. 6% of homes sold above asking.
What does a PropIQ™ score of 55 mean for 78641?
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 55 = Caution in 78641 Austin, Texas.