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Falconhead West

AUSTIN, TX 78738

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

Market Analysis

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

The AUSTIN, TX real estate market (78738) currently shows 282 active listings, with 70 pending sales. Homes are averaging 40 days on the market before going under contract.

Inventory has tightened compared to last year, with 32 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 40 days on market compared to 44 days last year.

The median listing price has risen 4.1% year-over-year, from $939,950 to $978,500.

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: 28,613  ·  Density: 262.5/mi²  ·  Median household income: $158,194

Typical home value: $691,407  ·  Homeownership: 76.8%

Market Overview

Active Listings
282
⇩ 10.2% vs 314 last year
Pending
70
25% pending ratio
Median Price
$978,500
⇧ 4.1% vs $939,950 last year
Average Price
$1,530,282
⇧ 11.8% vs $1,368,707 last year
Days on Market
40
⇩ 9.1% vs 44 days last year

Price Per Square Foot

Median $/sqft
$303
⇧ 2% vs $297/sqft last year
Median Home Size
3,485 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 282 this year vs 314 last year
  • Days on market: 40 now vs 44 last year

Median & Average Pricing

Year over Year
  • Median: $978,500 (+4.1% YoY)
  • Average: $1,530,282 (+11.8% 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 15.0 miles — 1,952 listings ($2,401,098,570 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
78738Austin, TX 787380.0 mi220$349,553,380$953,223$1,588,879
78734Austin, TX 787345.7 mi203$232,850,541$701,225$1,147,047
78732Austin, TX 787327.7 mi76$185,183,120$1,354,500$2,436,620
78737Austin, TX 787378.3 mi104$136,423,976$941,000$1,311,769
78645Leander, TX 7864510.0 mi321$239,389,281$521,108$745,761
78620Dripping Springs, TX 7862010.4 mi202$267,442,748$834,500$1,323,974
78739Austin, TX 7873910.8 mi43$40,935,742$797,000$951,994
78726Austin, TX 7872612.2 mi33$29,633,736$711,000$897,992
78703Austin, TX 7870313.4 mi120$256,962,720$1,474,625$2,141,356
78750Austin, TX 7875013.5 mi78$48,973,392$468,375$627,864
78704Austin, TX 7870414.1 mi294$332,745,378$779,225$1,131,787
78652Manchaca, TX 7865214.2 mi34$19,613,580$542,500$576,870
78701Austin, TX 7870115.0 mi224$261,390,976$739,500$1,166,924

Frequently Asked Questions

How many homes are for sale in AUSTIN, TX 78738?

As of March 2026, there are 282 active listings in AUSTIN, TX (zip code 78738), compared to 314 the prior year.

What is the median home price in AUSTIN, TX 78738?

The median listing price in AUSTIN, TX 78738 is $978,500 as of March 2026, a 4.1% increase from $939,950 the prior year.

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

Homes in AUSTIN, TX 78738 spend an average of 40 days on the market before going under contract, compared to 44 days the prior year.

Is it a seller's or buyer's market in AUSTIN, TX 78738?

Based on current inventory and days-on-market data as of March 2026, AUSTIN, TX 78738 is currently a Seller's Market. Inventory has tightened compared to last year, with 32 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 40 days on market compared to 44 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 78738 save an estimated $19,570 compared to a typical 5% commission on the median listing price of $978,500. 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.