78737
Austin, Texas
Austin 78737 is stable.
The 78737 ZIP code in Austin, Texas has a median sale price of $844K, up +14.5% year-over-year. Homes spend an average of 126 days on market, with 9% of homes selling above list price.
Folio's PropIQ™ score of 65 signals Caution conditions. This market is holding steady. Monitor inventory shifts before committing.
ZIP code 78737 posted a median sale price of $844,245 as of February 2026, reflecting a robust 14.5% year-over-year gain that outpaces most Austin-area submarkets. However, market velocity has cooled substantially, with homes averaging 125.5 days on market—nearly double the inventory turn rate seen during peak demand periods. Only 9% of transactions closed above list price, signaling a fundamental shift from the bidding-war dynamics that characterized this price tier through 2024.
The current data configuration favors patient buyers with secure financing and extended search timelines. The 125.5-day average DOM creates negotiating leverage absent in faster markets, while the 9% above-list metric suggests sellers are accepting at-or-below-ask offers in 91% of cases. Sellers who purchased before 2024 still capture meaningful appreciation given the 14.5% annual gain, but recent buyers face minimal short-term equity accumulation and should expect extended listing periods.
The PropIQ score of 65 flags emerging risk despite positive price momentum, typically indicating underlying demand erosion not yet reflected in sale prices. This divergence between rising prices and declining transaction velocity—evidenced by the 125.5-day DOM—suggests the 14.5% appreciation rate is unsustainable. Watch for median price deceleration in Q2 2026 data releases, particularly if days-on-market extends beyond 140 or if the above-list percentage drops below 7%, either of which would confirm the caution signal.
What is the median home price in 78737 Austin?
The median sale price in 78737 is $844K, up +14.5% year-over-year as of 2026-02-28.
How long do homes stay on the market in Austin 78737?
Homes in 78737 Austin spend an average of 126 days on market before going under contract.
Is Austin 78737 a good place to invest in real estate?
Folio's PropIQ™ score for 78737 is 65/100 — a Caution signal. 9% of homes sold above asking.
What does a PropIQ™ score of 65 mean for 78737?
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 65 = Caution in 78737 Austin, Texas.