How is 78747 treating sellers in Goodnight Ranch and Onion Creek?
Quick answer
A buyer’s market, for the ZIP as a whole. Homes in 78747 closed at 93.2% of original asking over the last three months, and 63.2% of the homes for sale have cut. Your own section and price range can read differently.
What we analyzed
- 96 homes sold in ZIP 78747 (Austin city addresses) in the 90 days ending October 20, 2026
- 182 homes for sale in ZIP 78747 as of October 21, 2026, 95 of them builder listings
- 5.7 months of inventory in ZIP 78747, against 5.9 in the Austin metro
- 78747 price ranges, 90 days ending October 20, 2026
- The same 90 days last year and the twelve months on their own rows
Sources: Unlock MLS, pulled October 21, 2026.
104 Southeast Austin homeowners have trusted my real estate team to sell their home, and that count doesn’t include a single buyer we’ve represented. Everything on this page comes from the same MLS record we used to price those homes.
What these numbers mean if you are selling is on the Southeast Austin, TX market report.
Last updated October 21, 2026. Sales data covers the 90 days ending October 20, 2026 and the twelve months ending the same day (Unlock MLS via MLS Grid); listing inventory as of October 21, 2026.
How does 78747 measure up against Southeast Austin and the metro?
Behind both on price. Sellers in 78747 kept 93.2% of original asking, under the metro’s 94.3%.
Table 1. ZIP code 78747 compared with Southeast Austin and the Austin metro. Sales are from the 90 days ending October 20, 2026; homes for sale are as of October 21, 2026. The ZIP column covers 78747 homes recorded with an Austin city address. “Failed to sell” means the listing expired or was withdrawn without selling. Source: Unlock MLS.
| Measure | ZIP 78747 | Southeast Austin | Austin metro |
|---|---|---|---|
| Homes sold | 96 | 254 | 8,188 |
| Median sale price | $368,995 | $369,990 | $404,000 |
| Median days on market | 80 days | 68 days | 56 days |
| What homes sold for relative to their initial asking price | 93.2% | 93.9% | 94.3% |
| Price per square foot (median) | $192 | $209 | $204 |
| Homes for sale | 182 | 481 | 16,078 |
| Months of supply | 5.7 | 5.7 | 5.9 |
| Buyer’s or seller’s market | buyer’s market | buyer’s market | balanced |
| Listings that failed to sell | 46 | 139 | 5,445 |
| Share of listings that failed to sell | 32.4% | 35.4% | 39.9% |
| Active under contract | 9 | 45 | 1,422 |
| Pending | 33 | 111 | 2,064 |
| New listings in the last 90 days | 138 | 383 | 12,120 |
| Homes for sale priced below their original asking price | 115 (63.2%) | 268 (55.7%) | 59.1% |
| New builds for sale (builder listings) | 95 of 182 (52.2%) | 199 of 481 (41.4%) | n/a |
Homes here also took the longest in the area to reach a contract, a typical 80 days.
Which 78747 neighborhoods have their own report?
Five of them, four built by production builders and one older golf course neighborhood. Goodnight Ranch, Cascades at Onion Creek, Marble Creek Crossing and Cloverleaf are the builder communities, and Onion Creek is the established neighborhood around the course.
Table 2. Neighborhoods in ZIP code 78747 with their own page, by sales in the twelve months ending October 20, 2026. Source: Unlock MLS.
| Neighborhood | Sold, twelve months | Median sale price | Market report |
|---|---|---|---|
| Cascades at Onion Creek | 61 | $387,000 | Cascades at Onion Creek market report |
| Marble Creek Crossing | 53 | $350,000 | Marble Creek Crossing market report |
| Goodnight Ranch | 48 | $385,000 | Goodnight Ranch market report |
| Onion Creek | 38 | $549,000 | Onion Creek market report |
| Cloverleaf | 30 | $334,572 | Cloverleaf market report |
Have 78747 prices fallen over the past year?
Yes. In 78747 the middle sale of the past twelve months was $367,990, where a year earlier it was $405,000.
Per square foot the drop is smaller, $193 against $205, so part of the median’s fall comes from which homes happened to sell.
More homes sold, 377 against 345. Buyers are coming out of the woodwork in 78747, and builders are meeting them on price.
Table 3. 78747 sales in each period. Each row stands on its own. Source: Unlock MLS.
| Period | Sold | Median sale price | Median days on market | Share of original asking price | Price per square foot |
|---|---|---|---|---|---|
| 90 days ending October 20, 2026 | 96 | $368,995 | 80 days | 93.2% | $192 |
| Same 90 days, 2025 (July 23, 2025 to October 20, 2025) | 80 | $399,990 | 93 days | 93.5% | $207 |
| Twelve months ending October 20, 2026 | 377 | $367,990 | 77 days | 93.4% | $193 |
| Prior twelve months (October 21, 2024 to October 20, 2025) | 345 | $405,000 | 74 days | 93.5% | $205 |
For the picture across all three ZIP codes, read How is the Southeast Austin market treating sellers this fall?
What do the 78747 price ranges show?
The busiest range, homes that started between $350,000 and $399,999, closed at 93.1% of original asking, a buyer’s market for that range.
Table 4. 78747 homes by price range. Sales are from the 90 days ending October 20, 2026; homes for sale are as of October 21, 2026. A range is a seller’s market when homes sell for at least 97% of their original asking price, balanced from 94% to 97%, and a buyer’s market below 94%. Only price ranges with at least 10 sales in the last 90 days are shown. Source: Unlock MLS.
| Price range | Sold | Median sale price | For sale | New builds for sale | Homes that cut their price | Months of supply | Market |
|---|---|---|---|---|---|---|---|
| $300,000 to $349,999 | 17 | $315,000 | 39 | 5 | 29 | 6.9 | balanced |
| $350,000 to $399,999 | 36 | $356,495 | 44 | 27 | 33 | 3.7 | buyer’s market |
| $400,000 to $449,999 | 18 | $399,994 | 29 | 22 | 19 | 4.8 | buyer’s market |
That is the range where Cascades at Onion Creek, Marble Creek Crossing and Cloverleaf compete with each other. Homes that started lower held their price better.
How does 78747 sit next to the other Southeast Austin ZIP codes?
It carries the lowest price per square foot and the longest time to contract of the three.
Table 5. The other Southeast Austin ZIP codes, 90 days ending October 20, 2026. Source: Unlock MLS.
| ZIP | Sold | Median sale price | Median days on market | Share of original asking price | For sale | Months of supply | Market |
|---|---|---|---|---|---|---|---|
| ZIP 78747 | 96 | $368,995 | 80 days | 93.2% | 182 | 5.7 | buyer’s market |
| ZIP 78741 | 38 | $338,000 | 62 days | 94.8% | 109 | 8.6 | balanced |
| ZIP 78744 | 120 | $377,000 | 63 days | 94.1% | 190 | 4.8 | balanced |
Do these 78747 numbers describe your home?
A Goodnight Ranch resale and a 1980s house on the Onion Creek golf course share a ZIP and little else. Look up your address for the homes a buyer would tour on the same afternoon as yours.
- These numbers fit best for a resale in Goodnight Ranch, Cloverleaf or Cascades at Onion Creek, where builders set the price.
- They fit less well for an older Onion Creek home, since no builder is listing there.
- They fit less well if your house is ready to move into and your neighbors have held their prices.
- They fit less well when your asking price is based on this year’s closed sales, not last year’s.
With this many cuts, I would read Why do some Southeast Austin homes sell while others never do? first, then Which new builds is your Southeast Austin buyer touring too? for the builders in your section, What is your Southeast Austin home worth with builders next door? for value and Is this fall the right time to sell your Southeast Austin home? for timing.
Your situation
In 78747 a resale is set against builder homes that have often cut already. The tables can’t show which plans are listed on your street, and your address can.
Before You Put Your Home on the Market, See the Homes You’ll Have to Beat
If you own in 78747 and want to know which builder and resale listings a buyer would hold up against yours, start with the ones in your own section. Request my complimentary Home Competitor Analysis for your address. You get:
- The 78747 homes for sale a buyer would likely tour with yours
- Which of those listings have cut, and how long they have been for sale
- What we look at when we walk through your home
No obligation. The report for your part of Southeast Austin arrives within a minute; the pricing analysis comes after we walk the home. Nothing here promises a price, a timeline, or an outcome. 104 homes sold by Watters International Realty in Southeast Austin (Unlock MLS, all time).
What does months of supply tell a 78747 seller?
Chris’s position, approved September 9, 2026.
Months of supply is the number I watch. It means: if no more homes came on the market, how long would it take to sell everything listed at the pace homes are selling now.
For 78747 that comes to 5.7 months at the recent pace. Builders hold more than half of that supply, which is why the price buyers paid reads weaker than the months alone would suggest.
About Watters International Realty in Southeast Austin
Watters International Realty is a Texas real estate brokerage, and I am its broker of record. This page is based on Unlock MLS data analyzed on October 21, 2026. 104 homes sold by Watters International Realty in Southeast Austin (Unlock MLS, all time).
See the homes you’d be competing against
You get the 78747 listings a buyer would weigh against yours, which have cut, and a walkthrough before we talk price.
No obligation. The report arrives within a minute; the pricing analysis comes after we walk the home. Nothing here promises a price, a timeline, or an outcome.
More for Southeast Austin sellers
- How is the Southeast Austin market treating sellers this fall?
- Is Riverside’s 78741 a buyer’s market or a seller’s market?
- Is 78744 a buyer’s market or a seller’s market near Easton Park?
- Is this fall the right time to sell your Southeast Austin home?
- Which new builds is your Southeast Austin buyer touring too?
- Why do some Southeast Austin homes sell while others never do?
- What is your Southeast Austin home worth with builders next door?
- The Austin seller hub
