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Updated May 2026 · Redfin · 3-month window

78721 Real Estate Market Update: Austin, TX, May 2026

Analysis by , Founder & CEO, INEYA Studio — data updated May 2026 from the Redfin Data Center.

The latest housing-market numbers for ZIP code 78721 in Austin, Texas, for May 2026: a $499K median sale price, straight from the Redfin Data Center. ZIP-level figures are a rolling three-month window.

$499K
Median sale price · May 2026
$523K
A year earlier · 2025
57
Days on market
100.4%
Sale-to-list
ZIP 78721 · Austin, TX · May 2026 · Source: Redfin
MetricValueMoMYoY
Median sale price$499K▲ +12.6%▼ -4.5%
Days on market57▼ -38.7%▲ +18.8%
Homes for sale123▼ -1.6%▲ +9.8%
Sale-to-list100.4%▲ +1.5%▲ +3.4%
Homes sold35▼ -7.9%▼ -12.5%

Figures from the Redfin Data Center ZIP-code tracker (rolling 3-month window, not seasonally adjusted). Verify against your MLS before posting. Not a valuation for a specific home.

What the 78721 numbers say

The 78721 ZIP in Austin is cooling. The median sale price sits at $499,000, 4.5% below last year. The market has loosened: a typical listing now takes around 57 days to go under contract, with sellers getting 100.4% of list price.

Based on 35 recent sales, 78721 is currently an active market.

What this means if you sell in 78721

Use these figures to set expectations early with each client. Lead a listing appointment with the $499K median price and the 57-day pace, show the year-over-year direction, and frame 78721 as an active market. A buyer or seller client trusts an agent who knows their exact ZIP, not just the metro average.

How we track the 78721 market

We built LOKAL to pull 78721's numbers straight from the Redfin Data Center, so an agent and a client read from the same source. For May 2026 we recorded a $499K median sale price, -4.5% year over year, a 100.4% sale-to-list ratio and a +12.6% month-over-month move across 35 recorded sales. That compares with roughly $523K a year earlier, in 2025. We refresh every ZIP monthly and only publish once a ZIP clears at least 20 recorded sales for the period, so the median stays reliable instead of noisy. Redfin has published ZIP-level market data monthly since 2020, which is what lets us show month-over-month and year-over-year change here in 2026. LOKAL is independent and not affiliated with Redfin; always verify against your MLS before you publish.

ZIP-code areas follow U.S. Postal Service boundaries; for complementary demographics on 78721 — population, median household income, owner-occupancy — see the U.S. Census Bureau profile for this ZIP Code Tabulation Area. LOKAL covers price and pace; the Census covers who lives there.

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Frequently asked: the 78721 housing market

What is the median home price in ZIP 78721 (Austin, TX)?
As of May 2026, the median sale price in ZIP 78721 is $499,000 (-4.5% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
Is ZIP 78721 a buyer's or seller's market right now?
ZIP 78721 is currently an active market, based on a 100.4% sale-to-list ratio, about 57 days on market for May 2026.
How long do homes take to sell in ZIP 78721?
A typical listing in 78721 goes under contract in about 57 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
Where does this 78721 market data come from?
All figures come from the Redfin Data Center ZIP-code market tracker, a rolling 3-month window refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Redfin.

Zoom out: the Austin market

Austin, TX full market update →All Texas markets →All Texas ZIP codes →

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<a href="https://getlokal.io/tx/zip/78721/" rel="dofollow">78721 Austin real estate market · May 2026 · by LOKAL</a>

Data: Redfin · Redfin Data Center (ZIP-code market tracker). Figures are a ZIP-level 3-month snapshot, not a valuation for a specific home.