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East Austin Ed Bluestein Johnston Terrace Mlk Mlk-183 Oak Springs

AUSTIN, TX 78721

Real Estate Market Report  ·  Travis County
Buyer's Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 78721

East Austin · Ed Bluestein · Johnston Terrace · Mlk · Mlk-183 · Oak Springs

Market Analysis

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

The AUSTIN, TX real estate market (78721) currently shows 101 active listings, with 18 pending sales. Homes are averaging 59 days on the market before going under contract.

Inventory has increased compared to last year, with 11 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 59 days on market compared to 53 days last year.

The median listing price has fallen 1.9% year-over-year, from $539,900 to $529,900.

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: 10,445  ·  Density: 1,130.3/mi²  ·  Median household income: $80,573

Typical home value: $434,609  ·  Homeownership: 50.2%

Market Overview

Active Listings
101
⇧ 12.2% vs 90 last year
Pending
18
18% pending ratio
Median Price
$529,900
⇩ 1.9% vs $539,900 last year
Average Price
$548,404
⇩ 4.6% vs $575,106 last year
Days on Market
59
⇧ 11.3% vs 53 days last year

Price Per Square Foot

Median $/sqft
$375
⇩ 2.3% vs $384/sqft last year
Median Home Size
1,493 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 101 this year vs 90 last year
  • Days on market: 59 now vs 53 last year

Median & Average Pricing

Year over Year
  • Median: $529,900 (-1.9% YoY)
  • Average: $548,404 (-4.6% 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 8.8 miles — 1,532 listings ($1,550,198,457 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
78721Austin, TX 787210.0 mi87$46,510,374$525,000$534,602
78722Austin, TX 787222.3 mi35$19,521,985$573,875$557,771
78742Austin, TX 787422.4 mi1$290,000$290,000$290,000
78701Austin, TX 787013.5 mi224$261,390,976$739,500$1,166,924
78705Austin, TX 787053.7 mi124$58,356,012$343,000$470,613
78724Austin, TX 787244.4 mi73$32,797,513$426,000$449,281
78725Austin, TX 787255.1 mi53$15,889,029$278,000$299,793
78704Austin, TX 787045.3 mi294$332,745,378$779,225$1,131,787
78754Austin, TX 787546.4 mi86$33,362,066$370,000$387,931
78731Austin, TX 787317.3 mi126$151,705,260$948,750$1,204,010
78746Austin, TX 787467.8 mi131$434,658,000$2,812,500$3,318,000
78745Austin, TX 787458.2 mi296$161,061,888$479,450$544,128
78719Austin, TX 787198.8 mi2$1,909,976$954,988$954,988

Frequently Asked Questions

How many homes are for sale in AUSTIN, TX 78721?

As of March 2026, there are 101 active listings in AUSTIN, TX (zip code 78721), compared to 90 the prior year.

What is the median home price in AUSTIN, TX 78721?

The median listing price in AUSTIN, TX 78721 is $529,900 as of March 2026, a 1.9% decrease from $539,900 the prior year.

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

Homes in AUSTIN, TX 78721 spend an average of 59 days on the market before going under contract, compared to 53 days the prior year.

Is it a seller's or buyer's market in AUSTIN, TX 78721?

Based on current inventory and days-on-market data as of March 2026, AUSTIN, TX 78721 is currently a Buyer's Market. Inventory has increased compared to last year, with 11 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 59 days on market compared to 53 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 78721 save an estimated $10,598 compared to a typical 5% commission on the median listing price of $529,900. 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.