78665
Austin, Texas
Austin 78665 needs watching.
The 78665 ZIP code in Austin, Texas has a median sale price of $377K, down -5.7% year-over-year. Homes spend an average of 106 days on market, with 8% 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 78665.
ZIP code 78665 is experiencing a buyer-advantaged market, with median sale prices reaching $377,001—down 5.7% year-over-year. Homes are sitting for an average of 106 days before closing, indicating weakened velocity compared to historical Austin standards. Only 8% of properties are commanding above-list offers, a stark reversal from the competitive conditions that characterized this market through 2022. The cooling is measurable and creating tangible negotiation leverage for purchasers.
This environment favors methodical buyers who can capitalize on extended negotiation windows and declining price momentum. The 106-day marketing period allows for thorough due diligence without competitive pressure, while the 5.7% price decline provides entry points below recent peaks. Sellers face headwinds and should prioritize realistic pricing strategies given that 92% of transactions close at or below list price. Investors seeking immediate appreciation should exercise caution given current downward trajectory.
The PropIQ score of 55 signals continued caution, suggesting price stabilization remains several quarters away. The combination of triple-digit days-on-market and single-digit above-list transactions indicates supply-demand imbalance has not yet corrected. Monitoring monthly absorption rates and any movement in the 8% above-list metric will provide early indicators of momentum shifts. Current data does not support expectations of near-term price recovery.
What is the median home price in 78665 Austin?
The median sale price in 78665 is $377K, down -5.7% year-over-year as of 2026-02-28.
How long do homes stay on the market in Austin 78665?
Homes in 78665 Austin spend an average of 106 days on market before going under contract.
Is Austin 78665 a good place to invest in real estate?
Folio's PropIQ™ score for 78665 is 55/100 — a Caution signal. 8% of homes sold above asking.
What does a PropIQ™ score of 55 mean for 78665?
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 78665 Austin, Texas.