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Falconhead West

AUSTIN, TX 78738

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

Market Overview

Active Listings
185
⇩ 18.1% vs 226 last year
Pending
45
24% pending ratio
Median Price
$913,126
⇧ 1.5% vs $899,473 last year
Average Price
$1,511,319
⇧ 17.6% vs $1,285,548 last year
Days on Market
89
⇧ 2.3% vs 87 days last year

Market Context

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

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

Market Analysis

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

The AUSTIN, TX real estate market (78738) currently shows 185 active listings, with 45 pending sales. Homes are averaging 89 days on the market before going under contract.

Inventory has tightened compared to last year, with 41 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 89 days on market compared to 87 days last year.

The median listing price has risen 1.5% year-over-year, from $899,473 to $913,126.

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: 185 this year vs 226 last year
  • Days on market: 89 now vs 87 last year

Median & Average Pricing

Year over Year
  • Median: $913,126 (+1.5% YoY)
  • Average: $1,511,319 (+17.6% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 15.0 miles — 1,727 listings ($2,018,187,282 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
78738Austin, TX 787380.0 mi185$279,594,015$913,126$1,511,319
78734Austin, TX 787345.7 mi184$209,682,352$715,000$1,139,578
78732Austin, TX 787327.7 mi71$153,074,793$1,225,000$2,155,983
78737Austin, TX 787378.3 mi94$117,120,992$870,950$1,245,968
78645Leander, TX 7864510.0 mi292$216,392,148$519,000$741,069
78620Dripping Springs, TX 7862010.4 mi173$220,995,044$788,705$1,277,428
78739Austin, TX 7873910.8 mi37$36,874,459$795,000$996,607
78726Austin, TX 7872612.2 mi27$26,670,276$749,000$987,788
78703Austin, TX 7870313.4 mi95$198,004,985$1,450,000$2,084,263
78750Austin, TX 7875013.5 mi74$41,514,740$427,000$561,010
78704Austin, TX 7870414.1 mi267$278,230,554$759,000$1,042,062
78652Manchaca, TX 7865214.2 mi25$14,899,225$550,000$595,969
78701Austin, TX 7870115.0 mi203$225,133,699$699,450$1,109,033

Frequently Asked Questions

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

As of January 2026, there are 185 active listings in AUSTIN, TX (zip code 78738), compared to 226 the prior year.

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

The median listing price in AUSTIN, TX 78738 is $913,126 as of January 2026, a 1.5% increase from $899,473 the prior year.

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

Homes in AUSTIN, TX 78738 spend an average of 89 days on the market before going under contract, compared to 87 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 January 2026, AUSTIN, TX 78738 is currently a Balanced Market. Inventory has tightened compared to last year, with 41 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 89 days on market compared to 87 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 $18,263 compared to a typical 5% commission on the median listing price of $913,126. 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.