78748 Home Values & Market Trends

There are 23 homes currently listed for 78748. 78748 real estate market trends show that home prices range from $155,000 to $1,800,000, and the median sales price in the 78748 zip code is $472,955.19. The total number of properties sold within the past twelve months is 720. In 78748, 8 properties are in foreclosure, 1 are bank owned properties,and 7 are headed for auction.

78748 Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Austin

$ 592,040

$ 324/sqft

Austin

$ 592,040

$ 324/sqft

Austin

$ 592,040

$ 324/sqft

Housing Market Summary for 78748

Mar 2023February 2024Change
Median Listing Price$427.5K$457.6K7.04%
Median Sold Price$479.9K$457.6K-4.65%
Homes For Sale2625-3.85%
Homes Sold411335-18.49%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 78748

The median list price of a home in Austin, is $472,955.19. A total of 23 properties are for sale, and the percentage of properties for sale in the zip code is 23.00%. The total count of 78748 properties is 15,817.

Foreclosure
There are 3 cities within 78748; within these cities, the median estimated home value for homes in foreclosure ranges from $5,302,640 in austin to the lowest value of $178,535 in austin. Foreclosure homes account for 0.00% of properties in 78748 with austin containing 139 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 78748 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 3 cities within 78748; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 78748 ranges from the highest value of $1,295,000 in austin to the lowest value of $178,535 in austin. Bank owned homes and properties account for 0.01% of properties in 78748. There are 3 cities within 78748; austin containing 11 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    austin has 128 auction properties, the highest number of properties going to auction in a single city in the state of 78748. Auction homes and other auction properties account for 0.04% of all properties in 78748. There are 3 cities within 78748; of those cities, the median estimated home value for homes going to auction ranges from $5,302,640 in austin to the lowest value of $207,186 in austin.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.15% of residential properties in 78748 with austin containing 465 homes for sale, the highest number of listed properties in a single city. There are 3 cities within 78748; homes for sale in those cities, have a range of median values from $17,800,000 in austin to the lowest value of $139,407 in austin.
    Sold Homes
    The median value for recently sold homes ranges from $19,326,301 in austin to the lowest price of $28,238 in austin. There are 3 cities within 78748. austin has 6752 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.16% of properties in 78748.

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      Guide for 78748

      Home with a messy garden
      Foreclosure
      The Pros And Cons Of Buying A Foreclosed Property
      Texas
      Austin’s Housing Market: A 2023 Retrospective
      New York
      Lubbock Real Estate Sees 13% Dip in Property Values, Points to Buyer’s Market Trend
      New York
      Plano Real Estate Market Sees Volatility Amidst Steady Price Per Square Foot in 2023
      See More Articles
      Home with a messy garden
      The Pros And Cons Of Buying A Foreclosed Property
      Foreclosure|posted 11 August 2023

      Learn the pros and cons of buying a foreclosed property and invest in a foreclosure with confidence

      Austin’s Housing Market: A 2023 Retrospective
      Texas|posted 23 January 2024

      Last year, the Austin housing market saw oscillations in average property values and transaction prices, while the cost per sq ft trended downwards

      Lubbock Real Estate Sees 13% Dip in Property Values, Points to Buyer’s Market Trend
      New York|posted 29 February 2024

      The Lubbock real estate market has experienced various significant changes, such as a decline in average property values and sold prices.

      Plano Real Estate Market Sees Volatility Amidst Steady Price Per Square Foot in 2023
      New York|posted 28 February 2024

      This blog post gives an in-depth overview of the current trends and dynamics in the Plano, TX real estate market. It discusses property values, sales volumes, neighborhood variations, impacts of foreclosures and auctions, and overall market health, providing informative insights for prospective buyers and investors.