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Lamplight Village Milwood Waters Park

AUSTIN, TX 78727

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

Neighborhoods in ZIP 78727

Lamplight Village · Milwood · Waters Park

Market Analysis

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

The AUSTIN, TX real estate market (78727) currently shows 100 active listings, with 18 pending sales. Homes are averaging 56 days on the market before going under contract.

Inventory has tightened compared to last year, with 18 fewer active listings — creating more competition among buyers.

The median listing price has fallen 7.1% year-over-year, from $484,313 to $449,982.

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: 30,601  ·  Density: 1,520.8/mi²  ·  Median household income: $104,347

Typical home value: $417,084  ·  Homeownership: 44.5%

Market Overview

Active Listings
100
⇩ 15.3% vs 118 last year
Pending
18
18% pending ratio
Median Price
$449,982
⇩ 7.1% vs $484,313 last year
Average Price
$487,355
⇩ 1.1% vs $492,567 last year
Days on Market
56
vs 56 days last year

Price Per Square Foot

Median $/sqft
$267
⇩ 2.9% vs $275/sqft last year
Median Home Size
1,659 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 100 this year vs 118 last year
  • Days on market: 56 now vs 56 last year

Median & Average Pricing

Year over Year
  • Median: $449,982 (-7.1% YoY)
  • Average: $487,355 (-1.1% 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 9.7 miles — 1,641 listings ($996,798,822 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
78727Austin, TX 787270.0 mi63$30,400,146$479,000$482,542
78758Austin, TX 787582.9 mi105$39,504,360$365,999$376,232
78708Austin, TX 787083.1 mi1$199,000$199,000$199,000
78753Austin, TX 787534.1 mi98$38,632,874$398,250$394,213
78750Austin, TX 787505.1 mi78$48,973,392$468,375$627,864
78731Austin, TX 787316.4 mi126$151,705,260$948,750$1,204,010
78752Austin, TX 787526.8 mi60$33,831,600$396,750$563,860
78660Pflugerville, TX 786607.3 mi439$192,233,710$394,450$437,890
78726Austin, TX 787267.5 mi33$29,633,736$711,000$897,992
78613Cedar Park, TX 786138.1 mi197$108,502,675$470,220$550,775
78730Austin, TX 787308.5 mi61$137,803,209$1,187,000$2,259,069
78705Austin, TX 787059.4 mi124$58,356,012$343,000$470,613
78665Round Rock, TX 786659.7 mi256$127,022,848$415,000$496,183

Frequently Asked Questions

How many homes are for sale in AUSTIN, TX 78727?

As of July 2026, there are 100 active listings in AUSTIN, TX (zip code 78727), compared to 118 the prior year.

What is the median home price in AUSTIN, TX 78727?

The median listing price in AUSTIN, TX 78727 is $449,982 as of July 2026, a 7.1% decrease from $484,313 the prior year.

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

Homes in AUSTIN, TX 78727 spend an average of 56 days on the market before going under contract, compared to 56 days the prior year.

Is it a seller's or buyer's market in AUSTIN, TX 78727?

Based on current inventory and days-on-market data as of July 2026, AUSTIN, TX 78727 is currently a Balanced Market. Inventory has tightened compared to last year, with 18 fewer active listings — creating more competition among buyers.

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

With SELL123.com's maximum 3% commission, sellers in AUSTIN, TX 78727 save an estimated $9,000 compared to a typical 5% commission on the median listing price of $449,982. 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.