Is Austin, TX 78721 a buyer’s or seller’s market?
Austin is a buyer’s market. With about 7.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.
Competition score12/ 100
More competitive than 5% of U.S. ZIP codes, and #752 of 868 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
Months of supply7.6Under 4 months = seller’s market
Sold above original list7.5%Share of sales, last 3 months
Median sale-to-list96%Sold price ÷ list price
Median days on market68Listing to accepted offer
Median price per sq ft$328▼ −8.9% vs. last year
Run the numbers for 78721
Nearby markets
Austin 78701Buyer’s market $705 /sq ftAustin 78702Buyer’s market $430 /sq ftAustin 78703Buyer’s market $565 /sq ftAustin 78704Buyer’s market $507 /sq ft Browse all markets →Local agents
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology