78739
Austin, Texas

The 78739 ZIP code posted a median sale price of $790,000 as of late February 2026, marking a 4.5% year-over-year increase that outpaces inflation but signals deceleration from Austin's previous growth cycles. Homes are averaging 75.5 days on market, well above the sub-30-day timelines seen during peak demand periods. Only 17% of properties are selling above list price, indicating sellers have lost most pricing leverage and transactions are occurring closer to ask or below.

This environment favors patient buyers with financing already secured, as the 75.5-day marketing period provides time for inspection negotiations and multiple viewing opportunities without bidding war pressure. The 17% above-ask figure means 83% of transactions close at or below list, creating room for offer strategy. Sellers with equity from pre-2022 purchases can still exit profitably given the $790,000 median, but those who bought at 2021-2022 peaks face compressed margins and should price competitively from listing day one.

The PropIQ score of 70 reflects a market in equilibrium without clear directional momentum, suggesting sideways price movement through spring unless inventory drops or mortgage rates shift substantially. The sub-20% above-ask rate bears monitoring; if it falls below 10%, expect price reductions to accelerate. Buyers should track days-on-market trends monthly, as any move back toward 60 days would signal strengthening demand ahead of summer.