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Blackshear-Prospect Hill

AUSTIN, TX 78702

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

Market Overview

Active Listings
180
⇩ 2.7% vs 185 last year
Pending
23
13% pending ratio
Median Price
$649,990
⇩ 10.3% vs $724,950 last year
Average Price
$754,458
⇩ 12.5% vs $862,157 last year
Days on Market
103
⇧ 22.6% vs 84 days last year

Market Context

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

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

Market Analysis

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

The AUSTIN, TX real estate market (78702) currently shows 180 active listings, with 23 pending sales. Homes are averaging 103 days on the market before going under contract.

Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 103 days on market compared to 84 days last year.

The median listing price has fallen 10.3% year-over-year, from $724,950 to $649,990.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 180 this year vs 185 last year
  • Days on market: 103 now vs 84 last year

Median & Average Pricing

Year over Year
  • Median: $649,990 (-10.3% YoY)
  • Average: $754,458 (-12.5% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 8.7 miles — 1,507 listings ($1,137,816,957 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
78702Austin, TX 787020.0 mi180$135,802,440$649,990$754,458
78722Austin, TX 787221.8 mi33$18,109,872$529,950$548,784
78741Austin, TX 787412.3 mi111$46,147,140$350,000$415,740
78723Austin, TX 787233.3 mi158$97,646,054$569,500$618,013
78704Austin, TX 787043.4 mi267$278,230,554$759,000$1,042,062
78703Austin, TX 787033.7 mi95$198,004,985$1,450,000$2,084,263
78752Austin, TX 787524.7 mi53$30,439,649$390,000$574,333
78757Austin, TX 787576.2 mi131$106,640,288$642,000$814,048
78745Austin, TX 787456.3 mi271$147,834,294$482,750$545,514
78725Austin, TX 787256.6 mi43$12,873,598$275,000$299,386
78754Austin, TX 787547.8 mi70$27,235,810$377,950$389,083
78719Austin, TX 787198.6 mi2$1,909,976$954,988$954,988
78753Austin, TX 787538.7 mi93$36,942,297$398,016$397,229

Frequently Asked Questions

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

As of January 2026, there are 180 active listings in AUSTIN, TX (zip code 78702), compared to 185 the prior year.

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

The median listing price in AUSTIN, TX 78702 is $649,990 as of January 2026, a 10.3% decrease from $724,950 the prior year.

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

Homes in AUSTIN, TX 78702 spend an average of 103 days on the market before going under contract, compared to 84 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 January 2026, AUSTIN, TX 78702 is currently a Balanced Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 103 days on market compared to 84 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 $649,990. 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.