78957
Austin, Texas
Austin 78957 needs watching.
The 78957 ZIP code in Austin, Texas has a median sale price of $323K, down -6.3% year-over-year. Homes spend an average of 185 days on market, with 5% of homes selling above list price.
Folio's PropIQ™ score of 51 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 78957.
The 78957 market shows clear buyer advantage with homes selling at a median price of $323,250, down 6.3% year-over-year. Properties are averaging 185 days on market, more than triple the pace of a balanced market, indicating sustained demand weakness. Only 5% of homes are closing above asking price, confirming sellers have lost pricing power compared to the rapid appreciation cycle that preceded this correction.
Patient buyers with flexible timelines will extract maximum value in these conditions. The 185-day average marketing period provides substantial negotiation leverage, particularly for investors modeling conservative cash flow projections who can absorb extended closing timelines. Sellers facing immediate liquidity needs are disadvantaged, while those who can wait 12-18 months for market stabilization should delay listing given the negative price momentum and minimal competitive tension.
The PropIQ score of 51 signals continued caution through mid-2026, suggesting the price decline hasn't fully stabilized. Monitor monthly days-on-market trends; any reduction below 150 days would indicate demand recovery, while extension past 200 days could trigger another 3-5% price adjustment. The 5% above-list metric must reach 15-20% before this market transitions from buyer-favorable to neutral conditions.
What is the median home price in 78957 Austin?
The median sale price in 78957 is $323K, down -6.3% year-over-year as of 2026-02-28.
How long do homes stay on the market in Austin 78957?
Homes in 78957 Austin spend an average of 185 days on market before going under contract.
Is Austin 78957 a good place to invest in real estate?
Folio's PropIQ™ score for 78957 is 51/100 — a Caution signal. 5% of homes sold above asking.
What does a PropIQ™ score of 51 mean for 78957?
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 51 = Caution in 78957 Austin, Texas.