The story of this market
The typical home in ZIP 78724 sells for about $435,000, or $231 per square foot.
Prices are up +4.65% from a year ago, so sellers still have some momentum. Homes take about 42 days to sell. HUD's fair market rent for a two-bedroom is $1,649 a month.
ZIP 78724 — Austin
The 78724 housing market is currently characterized as a buyer's market with a median listing price of $435,000. While prices have seen a modest year-over-year increase, the market is experiencing short-term cooling with a month-over-month price decline of 2.62%.
This area is suitable for family buyers and commuters looking for housing options with a median value of $344,000, offering a balance between affordability and proximity to the Austin metro area.
Median prices moved up 4.7% year over year.
Homes spend a median of 42 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 112% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.4% · poverty 13.9% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 78724, Travis County TX
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Texas) — Senior (65+) and Disabled Homestead Exemption and School Tax Ceiling: Grants an additional mandatory $10,000 exemption from ISD appraised value (Taxable Value_ISD = Appraised Value - $100,000 - $10,000) and establishes an absolute statutory tax freeze (school tax ceiling): total ISD property taxes cannot exceed the dollar ceiling established in the… State (Texas) — General Residence Homestead Exemption and 10% Valuation Growth Cap: Imposes mandatory state-level valuation deductions and growth limitations on the qualifying homestead: (1) Mandates a $100,000 deduction from appraised value for independent school district (ISD) maintenance and operations/debt taxation: Taxable Value_ISD = Appraised Value - $100… State (Texas) — Ad Valorem Real Property Taxation and Assessment Ratio: Mandates ad valorem appraisal of all real property at 100% of fair market value as of January 1 each tax year (Assessment Ratio = 1.00).
The mean travel time to work for residents is approximately 27.6 minutes.
The rental market shows a median asking rent of $1,950, with a year-over-year change of -1.27%, suggesting a stable environment for renters.
The area is part of the Austin-Round Rock-San Marcos metro economy, which features a diverse mix of technology, education, and government sectors.
Data retrieved from Census Reporter profile for ZCTA 78724.
- Kalahari Indoor Water Park4.415.6 mi
- Cidercade Austin4.47.7 mi
- Austin’s4.111.9 mi
- Austin Aquarium414.8 mi
- Museum of Illusions Austin4.59.4 mi
- Moody Center4.46.5 mi
- Circuit of The Americas4.611 mi
- The Oasis On Lake Travis4.216.9 mi
- Mozart's Coffee Roasters4.59.6 mi
- Alamo Drafthouse Cinema South Lamar4.58.8 mi
- Circuit of The Americas4.611 mi
- Texas Capitol4.77.2 mi
- Zilker Metropolitan Park4.89.2 mi
- Mozart's Coffee Roasters4.59.6 mi
- McKinney Falls State Park4.69.7 mi
- Texas Capitol4.77.2 mi
- Palmer Events Center4.58.2 mi
- Bullock Texas State History Museum4.77 mi
- Thinkery4.64.9 mi
- Blanton Museum of Art4.77 mi
- Zilker Metropolitan Park4.89.2 mi
- McKinney Falls State Park4.69.7 mi
- Pease District Park4.87.8 mi
- Mueller Lake Park4.75 mi
- Zilker Botanical Garden4.69.1 mi
- Festival Beach Boat Ramp4.77.1 mi
- Waller Creek Boathouse4.67.5 mi
- Topgolf Austin4.49.1 mi
- Jimmy Clay Golf Course4.310 mi
- Morris Williams Golf Course4.14.3 mi
- Butler Pitch & Putt4.58.3 mi
- Lions Municipal Golf Course4.39.2 mi
- The Domain4.69.7 mi
- Barton Creek Square4.411.3 mi
- H-E-B4.48.8 mi
- Domain NORTHSIDE4.69.6 mi
- H-E-B4.59.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.