4-week rolling average · Data through March 12, 2026 · ZIP 78703
The 78703 zip code in Austin, TX is showing a notable gap between the median list price of $1,449,000 and the median sale price of $2,100,000, suggesting that higher-end homes are driving actual transaction values well above typical asking prices. With 176 active listings and a median days on market of 44, the market sits at a warm temperature with moderate competition. At $731.16 per square foot, this zip code reflects premium pricing consistent with one of Austin's most desirable urban neighborhoods.
| Beds | Sale Price | Rent |
|---|---|---|
| 1BR | $350K | $2K/mo |
| 2BR | $850K | $3K/mo |
| 3BR | $1.45M | $5K/mo |
| 4BR | $2.40M | $6K/mo |
| 5BR | $3.35M | $8K/mo |
| 6BR | $1.50M | $8K/mo |
| 7BR | $6.50M | — |
Sellers in 78703 are benefiting from strong final sale prices, with the median sale price reaching $2,100,000 despite a median list price of $1,449,000. With 44 median days on market, pricing strategically and presenting your home well remains important to attracting serious buyers in a reasonable timeframe.
Buyers should be prepared for final sale prices that can significantly exceed list prices in this market, as the median sale price of $2,100,000 runs well above the median list price of $1,449,000. With 176 active listings available, there is some inventory to explore, but budget flexibility and decisiveness will be key in this warm market.
The rental market in 78703 offers a median rent of $2,226 across 185 rental units, but with a median sale price of $2,100,000, gross rental yields on typical properties will be relatively thin. Investors focused on larger units may find better income potential, as 4-bedroom rentals command $5,750 per month and 5-bedroom units reach $7,500 per month.
The current 30-year fixed mortgage rate of 6.00% and 15-year rate of 5.43% represent a meaningful cost consideration when financing a home at the median sale price of $2,100,000 in this zip code. Buyers who can qualify for the 15-year option at 5.43% could save substantially on interest over the life of the loan, though monthly payments will be considerably higher.
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Market intelligence by FarmPosts