78732
Austin, Texas
Austin 78732 needs watching.
The 78732 ZIP code in Austin, Texas has a median sale price of $700K, down -16.7% year-over-year. Homes spend an average of 123 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 78732.
The 78732 market has shifted decisively in favor of buyers, with the median sale price now at $700,000 following a 16.7% year-over-year decline. Homes are averaging 123 days on market, more than triple the typical pace seen during Austin's 2021-2022 peak. Only 6% of transactions close above asking price, signaling that seller pricing power has evaporated and negotiations now center on discounts rather than premiums.
Patient buyers with secure financing hold maximum leverage in this environment, particularly those willing to submit offers 5-10% below list price on properties exceeding 90 days on market. Sellers facing job relocation or carrying costs are most motivated to negotiate given the 123-day average marketing period. Investors seeking rental properties can capitalize on the 16.7% price correction while rental demand in Austin remains structurally supported by continued corporate relocations.
The PropIQ score of 55 suggests continued price pressure through Q2 2026, with stabilization unlikely until inventory absorption improves and days on market compress below 90. Monitor the percentage of above-list sales—movement above 15% would signal demand recovery. The current data indicates further softening before any inflection point, making Q3 2026 the earliest window for meaningful price stabilization in this ZIP code.
What is the median home price in 78732 Austin?
The median sale price in 78732 is $700K, down -16.7% year-over-year as of 2026-02-28.
How long do homes stay on the market in Austin 78732?
Homes in 78732 Austin spend an average of 123 days on market before going under contract.
Is Austin 78732 a good place to invest in real estate?
Folio's PropIQ™ score for 78732 is 55/100 — a Caution signal. 6% of homes sold above asking.
What does a PropIQ™ score of 55 mean for 78732?
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 78732 Austin, Texas.