Do buyers or sellers have the upper hand in 78702 right now?
Quick answer
Buyers do, for the ZIP overall. Sellers in 78702 gave up more of their original asking price over the last three months than East Austin sellers as a whole, and about half the homes for sale have cut. One street or one price range can still read differently.
Public-record median: $651,500 for ZIP 78702 sales recorded in the MLS, 90 days ending October 20, 2026. The public record understates 78702. The sales that would pull this number up trade privately and never reach the MLS, and a lot alone here rarely changes hands under a million dollars.
What we analyzed
- 76 homes sold in ZIP 78702 (Austin city addresses) in the 90 days ending October 20, 2026
- 212 homes for sale in ZIP 78702 as of October 21, 2026, 46 of them builder listings
- 8.4 months of inventory in ZIP 78702, against 5.9 in the Austin metro
- 78702 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.
Selling above $1M? Part of this market never goes online
The figures on this page describe the public side of this market, the sales that were listed in the MLS. Above $1M in the Austin area, a large share of sales are never listed there and never appear online.
Those sales trade on a broker-to-broker private network, and I am a participating broker. Only the agents and brokers who do most of the business at this price point use it, and a surprising number of agents do not know it exists because they do not sell in this range. It covers homes, lots, ranches and condos priced over $1M, and much of it is waterfront or in the Austin core, West Austin, Westlake and Rollingwood, where prices run past $1.5M.
Sellers and their brokers use it for privacy: no public photos or floor plans, and no showings to buyers who have not been qualified.
Contact me for off-market private luxury listings you will never see online
70 East Austin homeowners have trusted my real estate team to sell their home in the MLS, 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 East 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 78702 stack up against East Austin and the metro?
It trails both on what sellers kept. Homes in 78702 closed at 93.2% of original asking, while the metro came in at 94.3%.
Table 1. ZIP code 78702 compared with East 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 78702 homes recorded with an Austin city address. “Failed to sell” means the listing expired or was withdrawn without selling. Figures describe the public (MLS) side only. Source: Unlock MLS.
| Measure | ZIP 78702 | East Austin | Austin metro |
|---|---|---|---|
| Homes sold | 76 | 200 | 8,188 |
| Public-record median sale price | $651,500 | $607,500 | $404,000 |
| Median days on market | 54 days | 49 days | 56 days |
| What homes sold for relative to their initial asking price | 93.2% | 94.0% | 94.3% |
| Price per square foot (median) | $437 | $386 | $204 |
| Homes for sale | 212 | 453 | 16,078 |
| Months of supply | 8.4 | 6.8 | 5.9 |
| Buyer’s or seller’s market | buyer’s market | buyer’s market | balanced |
| Listings that failed to sell | 98 | 239 | 5,445 |
| Share of listings that failed to sell | 56.3% | 54.4% | 39.9% |
| Active under contract | 16 | 45 | 1,422 |
| Pending | 10 | 23 | 2,064 |
| New listings in the last 90 days | 152 | 364 | 12,120 |
| Homes for sale priced below their original asking price | 109 (51.4%) | 253 (55.8%) | 59.1% |
| New builds for sale (builder listings) | 46 of 212 (21.7%) | 82 of 453 (18.1%) | n/a |
Builders matter more here than anywhere else in East Austin, with 46 of the 212 homes for sale.
Does any 78702 subdivision have its own report yet?
Not yet. No subdivision in the ZIP had enough recent sales to support a report of its own.
No neighborhood in ZIP code 78702 has enough sales on the record for its own page yet.
Did 78702 prices go up or down this year?
Down over the full year. The typical sale was $661,250 this past year, against $686,000 the year before.
By the square foot the move was $462 this past year against $477 the year before, so buyers paid less for the same space.
Sales climbed to 336 from 312. Buyers are coming out of the woodwork in 78702, and they are buying at this year’s lower prices.
Table 3. 78702 sales in each period. Each row stands on its own. Figures describe the public (MLS) side only. Source: Unlock MLS.
| Period | Sold | Public-record median sale price | Median days on market | Share of original asking price | Price per square foot |
|---|---|---|---|---|---|
| 90 days ending October 20, 2026 | 76 | $651,500 | 54 days | 93.2% | $437 |
| Same 90 days, 2025 (July 23, 2025 to October 20, 2025) | 64 | $619,000 | 80 days | 89.4% | $466 |
| Twelve months ending October 20, 2026 | 336 | $661,250 | 49 days | 93.9% | $462 |
| Prior twelve months (October 21, 2024 to October 20, 2025) | 312 | $686,000 | 62 days | 92.2% | $477 |
For what that means across the whole area, see What should you know before selling your home in East Austin?
Which 78702 price range is your home in?
Check the range table first, since the answer shifts within a few thousand dollars.
Table 4. 78702 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. Figures describe the public (MLS) side only; ranges at $1M and above trade largely on a broker-to-broker private network, so days on market and failed-to-sell figures are not shown for them. Source: Unlock MLS.
| Price range | Sold | Public-record median sale price | Median days on market | Share of listings that failed to sell | For sale | New builds for sale | Homes that cut their price | Months of supply | Market |
|---|---|---|---|---|---|---|---|---|---|
| $650,000 to $699,999 | 10 | $620,000 | 86 days | 28.6% | 11 | 3 | 5 | 3.3 | buyer’s market |
| $700,000 to $799,999 | 10 | $729,500 | 35 days | 41.2% | 16 | 2 | 11 | 4.8 | balanced |
Homes that started between $700,000 and $799,999 did best, at 95.9% of original asking, a balanced market for that range. Above $1M these rows cover the public side only.
Where does 78702 rank among the four East Austin ZIP codes?
It carries the largest stock of homes for sale of the four, by a wide margin.
Table 5. The other East 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 78702 | 76 | $651,500 | 54 days | 93.2% | 212 | 8.4 | buyer’s market |
| ZIP 78721 | 25 | $570,000 | 58 days | 93.4% | 77 | 9.2 | buyer’s market |
| ZIP 78722 | 15 | $625,000 | 47 days | 93.8% | 19 | 3.8 | buyer’s market |
| ZIP 78723 | 84 | $587,500 | 41 days | 95.9% | 145 | 5.2 | balanced |
Do the 78702 figures fit your home?
They fit the ZIP, and one house can land far from them. Run your address for the listings a buyer would tour against yours.
- Closer fit for an older resale priced in the middle of the ZIP.
- Looser fit for a home that would list near the new infill builds.
- Looser fit above $1M, where much of the market trades privately.
- Looser fit for a home that is move-in ready and priced from this year’s sales.
Timing is on Should you sell your East Austin home this fall or wait?, competition is on Which homes is your East Austin buyer touring besides yours?, stalled listings are on Why aren’t more homes selling in East Austin, and what helps?, and value is on What is your East Austin home worth when a new build is nearby?
Your situation
78702 mixes older cottages, new infill and condos on the same blocks. The tables cover all of it at once, and your address shows which slice your home belongs to.
Before You Put Your Home on the Market, See the Homes You’ll Have to Beat
If you own in 78702 and can’t tell whether a buyer will see your home beside a new build or an older cottage, the listings near you will show it. Request my complimentary Home Competitor Analysis for your address. You get:
- The homes for sale in 78702 a buyer would likely tour alongside yours
- How recent sales on your street compare with 78702 as a whole
- How the walkthrough works and what we look at in your home
No obligation. The report for your part of East Austin arrives within a minute; the pricing analysis comes after we walk the home. Nothing here promises a price, a timeline, or an outcome. 70 homes sold by Watters International Realty in East Austin (Unlock MLS, all time).
Why do I watch months of supply in 78702?
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.
In 78702 it came to 8.4 months over the last three months, and 51.4% of the homes for sale have already cut. Supply and what sellers got point the same direction here.
About Watters International Realty in East 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. 70 homes sold by Watters International Realty in East Austin (Unlock MLS, all time).
See the homes you’d be competing against
You get the 78702 listings a buyer would weigh against yours, how your block compares with the ZIP, and a walkthrough before we talk price.
Contact me for off-market private luxury listings you will never see online.
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 East Austin sellers
- What should you know before selling your home in East Austin?
- Is 78721 a buyer’s market or a seller’s market for your home?
- How much room do buyers have to negotiate on a home in 78722?
- How is 78723 treating sellers in Mueller and Windsor Park?
- Should you sell your East Austin home this fall or wait?
- Which homes is your East Austin buyer touring besides yours?
- Why aren’t more homes selling in East Austin, and what helps?
- What is your East Austin home worth when a new build is nearby?
- The Austin seller hub
