78733
Austin, Texas
Austin 78733 needs watching.
The 78733 ZIP code in Austin, Texas has a median sale price of $1.04M, down -31.5% year-over-year. Homes spend an average of 82 days on market, with 7% 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 78733.
The 78733 market is experiencing significant price compression, with the median sale price at $1,040,000 representing a 31.5% year-over-year decline. Homes are averaging 82 days on market, well above the typical luxury market velocity, while only 7% of properties close above asking price. This combination of extended DOM and minimal bidding activity indicates a fundamental shift from the demand-driven conditions that previously characterized this high-end Austin submarket.
Buyers with patient capital gain maximum advantage in these conditions, as the 82-day DOM average creates negotiating leverage absent during tighter inventory periods. The 93% of homes selling at or below list price suggests bid-ask spreads are widening, favoring purchasers willing to submit below-ask offers. Sellers needing to exit should prioritize aggressive pricing given the -31.5% annual depreciation trend, while investors hunting distressed luxury opportunities may find motivated sellers in month three of their listing period.
The PropIQ score of 55 signals continued near-term headwinds, suggesting the -31.5% decline may not have fully stabilized. Markets typically require consecutive months of sub-60-day DOM averages before price discovery completes; at 82 days, 78733 remains in valuation flux. Monitor monthly sold volume and the gap between list and sale prices—narrowing spreads below current 93% at-or-below-ask levels would indicate seller capitulation is nearing completion.
What is the median home price in 78733 Austin?
The median sale price in 78733 is $1.04M, down -31.5% year-over-year as of 2026-02-28.
How long do homes stay on the market in Austin 78733?
Homes in 78733 Austin spend an average of 82 days on market before going under contract.
Is Austin 78733 a good place to invest in real estate?
Folio's PropIQ™ score for 78733 is 55/100 — a Caution signal. 7% of homes sold above asking.
What does a PropIQ™ score of 55 mean for 78733?
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 78733 Austin, Texas.