78749 Market Review: A Strong Start to the Year

78749 continues to show why it’s one of the most stable and desirable zip codes in South Austin. As of the end of January, we’re looking at 40 active listings, 21 homes under contract or pending, and 15 closed sales year to date. That level of activity tells a pretty clear story. Homes are still moving, but buyers are being selective and pricing matters more than ever.

So far this year, the median closed price in 78749 sits around $540,000, with an average sale price just under $537,000. Homes are selling at roughly 99.5% of list price, which is notable when you compare it to national averages hovering closer to 97–98%. That spread may sound small, but it signals confidence. Buyers here are still willing to pay close to asking when homes are priced correctly and well positioned. 78749 January stats

One of the most interesting dynamics right now is the range. The most affordable closed sale came in around $390,000, while the highest sale reached $650,000, and we currently have active listings pushing as high as $1.15M. Price per square foot ranges dramatically, from the mid $240s on the low end to nearly $380 per square foot on the high end, reinforcing a theme we see over and over in 78749. Condition, updates, and location within the zip code matter a lot. The market is rewarding turnkey homes and punishing anything that feels dated or aspirationally priced.

Time on market also tells a story. Closed homes are averaging roughly 49 days on market, but that average hides the spread. Well-priced homes are still moving in under two weeks, while others are sitting well over 100 days before finding a buyer. Nationally, average days on market are trending higher than last year, and 78749 is no exception. The difference is that demand here hasn’t disappeared, it’s just become more disciplined. Buyers are patient, informed, and unwilling to chase.

The big takeaway for January is this. 78749 is not a distressed market, but it is a price-sensitive one. Compared to the national market, which is still digesting higher rates and affordability pressure, this zip code remains remarkably resilient. Sellers who price realistically are still getting strong results. Buyers who are paying attention can find opportunities, especially on homes that need updating. And for anyone wondering whether 78749 still “works,” the data says yes. It just rewards precision now.

If you want to talk through what these numbers mean for your specific situation, I’m happy to break it down. Data is powerful, but context is where the real value lives.