78721, Austin, TX Housing Market

ZIP code 78721's median home value is $425K, down 2.5% over the past year. Homes here sell in a median 65 days. Its PropertyIQ Score of 3 sits below the state average of 50, marking a market positioned to lag its state over the next three years.

Understanding the housing market in ZIP code 78721 requires hyperlocal data that metro and county analyses simply cannot provide. PropertyIQ's demand signal scoring — validated across more than two decades of housing data (2001–2023) — extends to ZIP-code granularity for 78721, Austin, TX, giving investors and agents a competitive edge in TX's most specific market segments.

South Central ZIP codes span energy-driven rural communities and rapidly urbanizing suburban subdivisions. PropertyIQ's ZIP-level scores identify demand hotspots within Texas, Oklahoma, Louisiana, and Arkansas at a neighborhood granularity that metro and county data cannot provide. Within the South Central, ZIP code 78721's PropertyIQ Score of 3 runs below the South Central norm.

The PropertyIQ Score for 78721, Austin, TX is built from four inputs measured at the ZIP-code level: Zillow home-value momentum over twelve months, Zillow home-value momentum over three months, the median days listings spend on the market (Realtor.com), and the share of listings with a price cut (Realtor.com). The score runs on a 1 to 99 scale computed across all ZIP codes nationally and calibrated so 50 equals the state average, so a score above 50 points to a micro-market positioned to outperform its state.

View 78721, Austin, TX's PropertyIQ Score and compare it against other ZIP codes in the state. Generate a free AI market report for this ZIP code or explore historical trends on the interactive map to understand how this micro-market has evolved.