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Selling a Home in 78701 Austin TX — What the 2026 Market Shows

ZIP Code Seller Guide
Downtown Austin · 78701
2026

Selling a Home in 78701 Austin TX — What the 2026 Market Shows

78701 covers Downtown Austin, Rainey Street, the Second Street District, the Warehouse District, and the Seaholm area. Here is what the 2026 numbers show and how to prepare before you list.

Tammy Davison, 78701 listing agent

Tammy Davison
REALTOR® · Updated

What is the 78701 Austin TX housing market like for sellers in 2026?

According to Redfin, the median sale price in 78701 was about $750K for August 2026, up 7.2% from a year earlier. The median home sold in 84 days, and sellers received about 95.1% of list price. In short, homes in 78701 are selling slowly, and pricing close to recent sales matters.

Selling a Home in 78701 Austin TX — What the 2026 Market Shows

78701 is Austin’s urban core, from Lady Bird Lake north to the Capitol and from Shoal Creek east to I-35. Most homes here are condos in high-rise and mid-rise towers, so a sale depends as much on the building as on the unit. So here is what selling a home in 78701 looks like right now.

78701 market snapshot — 2026

Neighborhoods Downtown Austin, Rainey Street, the Second Street District, the Warehouse District, and the Seaholm area
Median sale price about $750K (up 7.2% year over year)
Median days on market 84 days
Sale-to-list price 95.1%
School district Austin ISD (verify by address)

Source: Redfin 78701 housing market data, August 2026. Medians change monthly, so use them as context rather than as a list price.

What buyers in 78701 are paying for

In Downtown Austin, these features tend to separate the homes that sell from the ones that sit:

  • Buildings with healthy reserves and reasonable HOA dues
  • Lake, Capitol, or skyline views that cannot be built out
  • Walkability to Lady Bird Lake, the Second Street District, and Rainey Street
  • Parking, storage, and updated finishes compared to other units in the same tower

Prices in 78701 are up 7.2% from a year ago. Even so, buyers compare every listing to recent sales, so overpricing still costs time.

What to do before listing your 78701 home

Start with a comparative market analysis built on closed sales near your home, not the whole ZIP code. Then fix the items an inspector is likely to flag. Gather your HOA resale documents early. Buyers and lenders will ask for the budget, reserve study, and any planned special assessments, and delays here can stall a contract.

In addition, check your home’s appraisal history on the Travis Central Appraisal District property search, since buyers often look too.

How 78701 compares to the wider Austin market

Across the City of Austin, the September 2026 median close price was $570,958, up 4.2% year over year, according to the Unlock MLS September 2026 report. The city had 5.4 months of inventory, which gives buyers choices. So 78701 sellers compete with listings across the area, not just next door.

Frequently asked questions

What is the median home price in 78701?

The median sale price in 78701 was about $750K for August 2026, according to Redfin, up 7.2% year over year. Individual homes vary widely by neighborhood, lot, and condition.

How long does it take to sell a home in 78701?

The median home in 78701 sold in 84 days for August 2026. A well-priced, well-presented home often sells faster than the median.

Do HOA fees affect what my 78701 condo will sell for?

Yes. In 78701, buyers compare monthly HOA dues across buildings. High or rising dues lower what a buyer can pay for the unit itself, so pricing has to account for them.

Selling a home in 78701 in 2026 means pricing to the data. The median sale price was about $750K for August 2026, homes took a median of 84 days to sell, and sellers received about 95.1% of list price. Sellers who price to nearby sales and prepare well are the ones who close.

In 78701, the homes that sell are priced to today’s data and presented well from day one.

Get a 78701 market analysis from Tammy Davison

A no-cost CMA using actual closed sales near your home in 78701. Platinum Top 500 2021–2024. Diamond Club $10M+ 2021–2024. Top Agent Network Austin Top 1%.

Request Your 78701 CMA →

Tammy Davison — REALTOR® | Realty Austin | Compass RE TexasPlatinum Top 500 2021–2024 · Diamond Club $10M+ 2021–2024 · Top Agent Network Austin Top 1%. Active in 78701 and nearby Austin-area ZIP codes.
512.888.8161 · [email protected]
Tammy Davison Tammy DavisonREALTOR® · Realty Austin | Compass RE Texas
Platinum Top 500 ’21–2024 · Diamond Club $10M+ · Top Agent Network Austin Top 1%

Get Your Free 78701 CMA →

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