78714
Austin, Texas
Austin 78714 needs watching.
The 78714 ZIP code in Austin, Texas has a median sale price of $482K, down N/A year-over-year. Homes spend an average of 41 days on market, with 0% of homes selling above list price.
Folio's PropIQ™ score of 37 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 78714.
The 78714 market shows clear deceleration with a median sale price of $482,000 holding flat year-over-year as of November 2021. Properties are averaging 41 days on market, and notably zero homes are closing above list price—a significant shift from Austin's typically competitive dynamics. This pricing stagnation combined with extended marketing time indicates buyers have regained negotiating leverage after years of seller dominance in the metro area.
Price-sensitive buyers face optimal conditions here, particularly those who lost bidding wars in 2020-2021 and can now negotiate at asking price or below. The 41-day DOM window provides time for thorough due diligence without pressure from competing offers. Sellers with immediate liquidity needs should reconsider timing, as the zero-percent above-list metric confirms that premium pricing strategies will extend days on market without yield.
The PropIQ score of 37 signals caution and suggests potential downward price pressure ahead. With no homes commanding premiums and absorption slowing, watch for inventory accumulation through Q1 2022 as a leading indicator of price corrections. The flat year-over-year trend masks monthly deceleration; sequential quarterly data will reveal whether this stabilization precedes contraction or merely represents seasonal adjustment before spring demand materializes.
What is the median home price in 78714 Austin?
The median sale price in 78714 is $482K, down N/A year-over-year as of 2021-11-30.
How long do homes stay on the market in Austin 78714?
Homes in 78714 Austin spend an average of 41 days on market before going under contract.
Is Austin 78714 a good place to invest in real estate?
Folio's PropIQ™ score for 78714 is 37/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 37 mean for 78714?
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 37 = Caution in 78714 Austin, Texas.