Selling a Home in 78705 Austin TX — What the 2026 Market Shows

78705 covers West University, North University, Hancock south, Hyde Park north edge. Typical home value: ~$466K, -7.5% year-over-year. Here is what the data shows for sellers in 78705 right now.

Tammy Davison
REALTOR®  ·  Published 2026-08-17  ·  Updated 2026-08-17

What is the 78705 Austin TX housing market like for sellers in 2026?

The 78705 ZIP code covers West University, North University, Hancock south, Hyde Park north edge with a typical home value of approximately ~$466K as of 2026, down 7.5% year-over-year. Homes are averaging approximately 75 days on market. The market in 78705 is buyer-favorable overall, with correctly priced homes in good condition moving in 30–50 days and overpriced listings sitting 90+ days with one or more price reductions. The key value drivers in 78705 are UT campus walkability, medical district proximity, investor demand, condo and small multifamily inventory. School district: Austin ISD — always verify your specific address assignment before listing.

The listings generating consistent buyer activity in 78705 share predictable characteristics: priced within 5% of comparable closed sales in their specific section; professional photography and clean showing condition; resolved deferred maintenance; and transparent disclosure of any condition or location factors that buyers will discover during due diligence.

The listings sitting in 78705 are almost uniformly overpriced relative to the last 90 days of comparable closed sales, or are losing on presentation to competing listings at the same price point. Buyers in 78705 are reviewing sold data before every offer. They are not competing for inventory — they are being selective about which correctly priced listings they choose to engage with.

The three most impactful pre-listing steps for any 78705 seller in 2026: run a comparative market analysis using actual closed sales from the last 90 days in your specific section of 78705 — not ZIP-wide averages; resolve any deferred maintenance that will appear in a buyer’s inspection before listing; and invest in professional photography. Compass Concierge covers preparation costs including painting, staging, and minor repairs with no upfront cost and repayment at close for qualifying 78705 listings.

The online estimate for your 78705 home has a median error rate of 5–8% in Texas. On a home at the ~$466K typical value, that is a meaningful range of uncertainty. A CMA from an agent who has active transaction history in 78705 gives you a number grounded in what buyers have actually paid in your specific section.

The 78705 market in 2026 is buyer-favorable but not broken. Sellers who price to current comparable closed sales in their specific section, present their homes with professional photography and resolved maintenance, and are transparent about school district assignments and condition factors are closing efficiently. Sellers who price to 2022 expectations or to ZIP-wide averages that do not reflect their specific street are sitting and reducing. The market in 78705 is giving sellers clear information — the sellers who listen are the ones at the closing table.

Get a 78705 market analysis from Tammy Davison

No-cost CMA using actual closed sales in your specific section of 78705. Platinum Top 500 2021–2024. Diamond Club $10M+ 2021–2024. Top Agent Network Austin Top 1%.

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Tammy DavisonREALTOR®  ·  Realty Austin | Compass RE Texas

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