78753
Austin, Texas
Austin 78753 needs watching.
The 78753 ZIP code in Austin, Texas has a median sale price of $304K, down -16.7% year-over-year. Homes spend an average of 105 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 78753.
ZIP code 78753 is experiencing a significant market correction, with the median sale price settling at $304,000 after a 16.7% year-over-year decline. Homes are averaging 105 days on market, substantially longer than Austin's pandemic-era norms, and only 7% of properties are commanding above-list offers. This represents a fundamental shift from seller-driven dynamics to a market where buyers hold negotiating leverage and pricing pressure persists across the inventory base.
Cost-conscious first-time buyers and value investors gain the most traction in this environment. The 16.7% price reduction creates an entry point below recent peaks, while the 105-day marketing period provides extended negotiation windows and reduced competition from multiple offers. Sellers face challenges unless priced aggressively below comparable sales, as the 7% above-list metric indicates limited appetite for premium-positioned properties.
The PropIQ score of 55 signals continued caution, suggesting stabilization remains several quarters away rather than imminent. Buyers should monitor whether days-on-market extends beyond 105, which would indicate further price discovery ahead. The current data points to a market still searching for its floor, with transaction velocity and above-list percentages serving as leading indicators for any potential recovery inflection.
What is the median home price in 78753 Austin?
The median sale price in 78753 is $304K, down -16.7% year-over-year as of 2026-02-28.
How long do homes stay on the market in Austin 78753?
Homes in 78753 Austin spend an average of 105 days on market before going under contract.
Is Austin 78753 a good place to invest in real estate?
Folio's PropIQ™ score for 78753 is 55/100 — a Caution signal. 7% of homes sold above asking.
What does a PropIQ™ score of 55 mean for 78753?
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 78753 Austin, Texas.