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Govalle Iglehart Rosewood

AUSTIN, TX 78702

Real Estate Market Report  ·  Travis County
Balanced Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 78702

Govalle · Iglehart · Rosewood

Market Analysis

Data as of March 2026. Source: Realtor.com.

The AUSTIN, TX real estate market (78702) currently shows 235 active listings, with 48 pending sales. Homes are averaging 50 days on the market before going under contract.

Inventory has tightened compared to last year, with 21 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 50 days on market compared to 47 days last year.

The median listing price has fallen 7.1% year-over-year, from $700,000 to $649,975.

Whether you are buying or selling in AUSTIN, TX, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 25,723  ·  Density: 1,984.0/mi²  ·  Median household income: $87,342

Typical home value: $566,267  ·  Homeownership: 42.1%

Market Overview

Active Listings
235
⇩ 8.2% vs 256 last year
Pending
48
20% pending ratio
Median Price
$649,975
⇩ 7.1% vs $700,000 last year
Average Price
$774,960
⇩ 5.4% vs $819,540 last year
Days on Market
50
⇧ 6.4% vs 47 days last year

Price Per Square Foot

Median $/sqft
$512
⇩ 3.6% vs $531/sqft last year
Median Home Size
1,301 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 235 this year vs 256 last year
  • Days on market: 50 now vs 47 last year

Median & Average Pricing

Year over Year
  • Median: $649,975 (-7.1% YoY)
  • Average: $774,960 (-5.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 8.7 miles — 1,676 listings ($1,320,300,760 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
78702Austin, TX 787020.0 mi209$155,597,783$649,475$744,487
78722Austin, TX 787221.8 mi35$19,521,985$573,875$557,771
78741Austin, TX 787412.3 mi120$47,054,400$332,475$392,120
78723Austin, TX 787233.3 mi163$101,742,481$574,998$624,187
78704Austin, TX 787043.4 mi294$332,745,378$779,225$1,131,787
78703Austin, TX 787033.7 mi120$256,962,720$1,474,625$2,141,356
78752Austin, TX 787524.7 mi60$33,831,600$396,750$563,860
78757Austin, TX 787576.2 mi140$121,988,580$652,975$871,347
78745Austin, TX 787456.3 mi296$161,061,888$479,450$544,128
78725Austin, TX 787256.6 mi53$15,889,029$278,000$299,793
78754Austin, TX 787547.8 mi86$33,362,066$370,000$387,931
78719Austin, TX 787198.6 mi2$1,909,976$954,988$954,988
78753Austin, TX 787538.7 mi98$38,632,874$398,250$394,213

Frequently Asked Questions

How many homes are for sale in AUSTIN, TX 78702?

As of March 2026, there are 235 active listings in AUSTIN, TX (zip code 78702), compared to 256 the prior year.

What is the median home price in AUSTIN, TX 78702?

The median listing price in AUSTIN, TX 78702 is $649,975 as of March 2026, a 7.1% decrease from $700,000 the prior year.

How long do homes stay on the market in AUSTIN, TX?

Homes in AUSTIN, TX 78702 spend an average of 50 days on the market before going under contract, compared to 47 days the prior year.

Is it a seller's or buyer's market in AUSTIN, TX 78702?

Based on current inventory and days-on-market data as of March 2026, AUSTIN, TX 78702 is currently a Balanced Market. Inventory has tightened compared to last year, with 21 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 50 days on market compared to 47 days last year.

How much can I save on real estate commission in AUSTIN, TX?

With SELL123.com's maximum 3% commission, sellers in AUSTIN, TX 78702 save an estimated $13,000 compared to a typical 5% commission on the median listing price of $649,975. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.