78662
Austin, Texas
Austin 78662 needs watching.
The 78662 ZIP code in Austin, Texas has a median sale price of $458K, up +1.7% year-over-year. Homes spend an average of 88 days on market, with 0% of homes selling above list price.
Folio's PropIQ™ score of 51 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 78662.
The 78662 market shows minimal appreciation with homes selling at a median of $457,500, up just 1.7% year-over-year, significantly trailing Austin's historical growth rates. Properties are averaging 88 days on market, indicating extended inventory absorption compared to the rapid turnover seen during peak conditions. Notably, zero percent of homes are selling above list price, confirming a shift from the competitive bidding environment that previously characterized this submarket.
This environment favors deliberate buyers with negotiating leverage, as the 88-day average market time and absence of above-ask sales provide room for price discovery and inspection contingencies. First-time buyers and owner-occupants benefit most from reduced competition, while investors face headwinds given the 1.7% appreciation barely outpaces carrying costs. Sellers with equity and flexible timelines can still transact at $457,500 median, but those requiring quick exits face pricing pressure.
The PropIQ score of 51 signals caution, suggesting underlying fundamentals show vulnerability rather than stabilization. With near-flat appreciation and extended days on market, watch for inventory accumulation patterns that could pressure prices further if the 88-day absorption rate extends. The data indicates a holding pattern that could deteriorate if employment growth or mortgage rates shift unfavorably in coming quarters.
What is the median home price in 78662 Austin?
The median sale price in 78662 is $458K, up +1.7% year-over-year as of 2026-02-28.
How long do homes stay on the market in Austin 78662?
Homes in 78662 Austin spend an average of 88 days on market before going under contract.
Is Austin 78662 a good place to invest in real estate?
Folio's PropIQ™ score for 78662 is 51/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 51 mean for 78662?
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 51 = Caution in 78662 Austin, Texas.