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Govalle Iglehart Rosewood

AUSTIN, TX 78702

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 78702

Govalle · Iglehart · Rosewood

Market Analysis

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

The AUSTIN, TX real estate market (78702) currently shows 209 active listings, with 33 pending sales. Homes are averaging 70 days on the market before going under contract.

Inventory has tightened compared to last year, with 12 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 70 days on market compared to 66 days last year.

The median listing price has fallen 7.2% year-over-year, from $699,995 to $649,475.

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: 25,723  ·  Density: 1,984.0/mi²  ·  Median household income: $87,342

Typical home value: $566,267  ·  Homeownership: 42.1%

Market Overview

Active Listings
209
⇩ 5.4% vs 221 last year
Pending
33
16% pending ratio
Median Price
$649,475
⇩ 7.2% vs $699,995 last year
Average Price
$744,487
⇩ 10.9% vs $835,100 last year
Days on Market
70
⇧ 6.1% vs 66 days last year

Price Per Square Foot

Median $/sqft
$510
⇩ 3% vs $526/sqft last year
Median Home Size
1,254 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 209 this year vs 221 last year
  • Days on market: 70 now vs 66 last year

Median & Average Pricing

Year over Year
  • Median: $649,475 (-7.2% YoY)
  • Average: $744,487 (-10.9% 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 8.7 miles — 1,507 listings ($1,137,816,957 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
78702Austin, TX 787020.0 mi180$135,802,440$649,990$754,458
78722Austin, TX 787221.8 mi33$18,109,872$529,950$548,784
78741Austin, TX 787412.3 mi111$46,147,140$350,000$415,740
78723Austin, TX 787233.3 mi158$97,646,054$569,500$618,013
78704Austin, TX 787043.4 mi267$278,230,554$759,000$1,042,062
78703Austin, TX 787033.7 mi95$198,004,985$1,450,000$2,084,263
78752Austin, TX 787524.7 mi53$30,439,649$390,000$574,333
78757Austin, TX 787576.2 mi131$106,640,288$642,000$814,048
78745Austin, TX 787456.3 mi271$147,834,294$482,750$545,514
78725Austin, TX 787256.6 mi43$12,873,598$275,000$299,386
78754Austin, TX 787547.8 mi70$27,235,810$377,950$389,083
78719Austin, TX 787198.6 mi2$1,909,976$954,988$954,988
78753Austin, TX 787538.7 mi93$36,942,297$398,016$397,229

Frequently Asked Questions

How many homes are for sale in AUSTIN, TX 78702?

As of February 2026, there are 209 active listings in AUSTIN, TX (zip code 78702), compared to 221 the prior year.

What is the median home price in AUSTIN, TX 78702?

The median listing price in AUSTIN, TX 78702 is $649,475 as of February 2026, a 7.2% decrease from $699,995 the prior year.

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

Homes in AUSTIN, TX 78702 spend an average of 70 days on the market before going under contract, compared to 66 days the prior year.

Is it a seller's or buyer's market in AUSTIN, TX 78702?

Based on current inventory and days-on-market data as of February 2026, AUSTIN, TX 78702 is currently a Balanced Market. Inventory has tightened compared to last year, with 12 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 70 days on market compared to 66 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 78702 save an estimated $12,990 compared to a typical 5% commission on the median listing price of $649,475. 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.