78661
Austin, Texas
Austin 78661 needs watching.
The 78661 ZIP code in Austin, Texas has a median sale price of $226K, down N/A year-over-year. Homes spend an average of 238 days on market, with 0% of homes selling above list price.
Folio's PropIQ™ score of 27 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 78661.
The 78661 market shows significant buyer leverage with homes averaging 238 days on market, more than triple the typical Austin-area absorption rate. The median sale price sits at $226,000 with flat year-over-year appreciation, indicating price discovery has stalled. Zero homes are closing above asking price, confirming sellers have lost pricing power entirely in this ZIP code as of mid-2025.
This environment favors patient buyers with financing in place who can negotiate aggressively below list price given the extended marketing periods. Investors seeking cash-flowing rentals may find willing sellers after eight months of carrying costs, though the 238-day DOM suggests weak demand fundamentals that could impact occupancy rates. Current homeowners should delay listing unless forced to sell, as the zero above-ask closings eliminate any possibility of bidding competition.
The PropIQ score of 27 signals deteriorating conditions likely to persist through late 2025. With prices already flat and DOM stretching past seven months, inventory accumulation will probably force additional price reductions before absorption normalizes. Monitor month-over-month listing growth and any movement in DOM below 180 days as early indicators of stabilization, though current data suggests further softening before any recovery materializes.
What is the median home price in 78661 Austin?
The median sale price in 78661 is $226K, down N/A year-over-year as of 2025-06-30.
How long do homes stay on the market in Austin 78661?
Homes in 78661 Austin spend an average of 238 days on market before going under contract.
Is Austin 78661 a good place to invest in real estate?
Folio's PropIQ™ score for 78661 is 27/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 27 mean for 78661?
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 27 = Caution in 78661 Austin, Texas.