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Govalle Iglehart Rosewood

AUSTIN, TX 78702

Real Estate Market Report  ·  Travis County
Seller's Market
April 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 78702

Govalle · Iglehart · Rosewood

Market Analysis

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

The AUSTIN, TX real estate market (78702) currently shows 251 active listings, with 51 pending sales. Homes are averaging 49 days on the market before going under contract.

Inventory has tightened compared to last year, with 33 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 49 days on market compared to 52 days last year.

The median listing price has fallen 9.6% year-over-year, from $740,750 to $669,950.

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
251
⇩ 11.6% vs 284 last year
Pending
51
20% pending ratio
Median Price
$669,950
⇩ 9.6% vs $740,750 last year
Average Price
$783,323
⇩ 7% vs $842,615 last year
Days on Market
49
⇩ 5.8% vs 52 days last year

Price Per Square Foot

Median $/sqft
$502
⇩ 4% vs $523/sqft last year
Median Home Size
1,344 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 251 this year vs 284 last year
  • Days on market: 49 now vs 52 last year

Median & Average Pricing

Year over Year
  • Median: $669,950 (-9.6% YoY)
  • Average: $783,323 (-7% 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 April 2026, there are 251 active listings in AUSTIN, TX (zip code 78702), compared to 284 the prior year.

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

The median listing price in AUSTIN, TX 78702 is $669,950 as of April 2026, a 9.6% decrease from $740,750 the prior year.

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

Homes in AUSTIN, TX 78702 spend an average of 49 days on the market before going under contract, compared to 52 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 April 2026, AUSTIN, TX 78702 is currently a Seller's Market. Inventory has tightened compared to last year, with 33 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 49 days on market compared to 52 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 $13,399 compared to a typical 5% commission on the median listing price of $669,950. 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.