4-week rolling average ยท Data through March 12, 2026 ยท ZIP 78703
In zip code 78703, the median sale price of $2,100,000 sits notably above the median list price of $1,425,000, suggesting that higher-value transactions are closing well above typical asking prices. With 238 active listings and a median days on market of 46, the market reflects moderate inventory and a measured but competitive pace. At $724.04 per square foot, this Austin neighborhood commands premium pricing consistent with one of the city's most desirable urban areas.
| Beds | Sale Price | Rent |
|---|---|---|
| 1BR | $380K | $2K/mo |
| 2BR | $810K | $3K/mo |
| 3BR | $1.45M | $5K/mo |
| 4BR | $2.50M | $6K/mo |
| 5BR | $3.35M | $8K/mo |
| 6BR | $2.90M | $8K/mo |
| 7BR | $6.50M | โ |
| 8BR | $1.70M | โ |
Sellers in 78703 are seeing strong outcomes, with the median sale price reaching $2,100,000 against a median list price of $1,425,000, indicating significant upward movement at closing. With a median of 46 days on market, thoughtful pricing and strong presentation remain essential to attracting qualified buyers in a timely manner.
Buyers in 78703 should be prepared for final sale prices that run well above list prices, as the median sale price of $2,100,000 significantly exceeds the median list price of $1,425,000. With 238 active listings currently available, there is meaningful inventory to explore, though budget flexibility will be critical given the premium nature of this market.
With a median sale price of $2,100,000 and a median rent of $2,295, gross rental yields on typical properties in 78703 will be quite thin, making cash flow a challenge for most acquisitions. Investors targeting larger units may find more income potential, as 3-bedroom rentals command $4,750 per month and 4-bedroom units reach $5,800 per month according to current rental data.
The current 30-year fixed mortgage rate of 6.37% and 15-year rate of 5.72% represent a substantial financing cost when applied to the median sale price of $2,100,000 in this zip code. Buyers who can manage the higher monthly payments of a 15-year loan at 5.72% would reduce their overall interest burden considerably compared to the 30-year option.
Get these market reports sent to your clients automatically every week โ branded with your name and contact info.
Get started free โData sources: Rentcast ยท Zillow ยท Federal Reserve (FRED)
Market intelligence by FarmPosts