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Is Austin, TX 78701 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Austin is a buyer’s market. With about 9.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply9.8Under 4 months = seller’s market

Sold above original list5.6%Share of sales, last 3 months

Median sale-to-list95.1%Sold price ÷ list price

Median days on market84Listing to accepted offer

Median price per sq ft$705▲ +10.4% vs. last year

Run the numbers for 78701

Prefilled for 78701Can I win this house?Multiple-offer likelihood for a listing Prefilled for 78701Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Austin 78702Buyer’s market $430 /sq ft Austin 78703Buyer’s market $565 /sq ft Austin 78704Buyer’s market $507 /sq ft Austin 78705Buyer’s market $378 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology