Is Riverside’s 78741 a buyer’s market or a seller’s market?
Quick answer
Balanced, for the ZIP as a whole over the last three months. Homes in 78741 closed at 94.8% of original asking, though supply runs deep at 8.6 months and the twelve-month read is weaker. Your own building or street can tell a different story.
What we analyzed
- 38 homes sold in ZIP 78741 (Austin city addresses) in the 90 days ending October 20, 2026
- 109 homes for sale in ZIP 78741 as of October 21, 2026, 13 of them builder listings
- 8.6 months of inventory in ZIP 78741, against 5.9 in the Austin metro
- 78741 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 78741 measure up against Southeast Austin and the metro?
Better on price, worse on supply. Riverside and East Riverside sellers kept 94.8% of original asking, a shade above the metro’s 94.3%.
Table 1. ZIP code 78741 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 78741 homes recorded with an Austin city address. “Failed to sell” means the listing expired or was withdrawn without selling. Source: Unlock MLS.
| Measure | ZIP 78741 | Southeast Austin | Austin metro |
|---|---|---|---|
| Homes sold | 38 | 254 | 8,188 |
| Median sale price | $338,000 | $369,990 | $404,000 |
| Median days on market | 62 days | 68 days | 56 days |
| What homes sold for relative to their initial asking price | 94.8% | 93.9% | 94.3% |
| Price per square foot (median) | $244 | $209 | $204 |
| Homes for sale | 109 | 481 | 16,078 |
| Months of supply | 8.6 | 5.7 | 5.9 |
| Buyer’s or seller’s market | balanced | buyer’s market | balanced |
| Listings that failed to sell | 50 | 139 | 5,445 |
| Share of listings that failed to sell | 56.8% | 35.4% | 39.9% |
| Active under contract | 20 | 45 | 1,422 |
| Pending | 8 | 111 | 2,064 |
| New listings in the last 90 days | 78 | 383 | 12,120 |
| Homes for sale priced below their original asking price | 65 (59.6%) | 268 (55.7%) | 59.1% |
| New builds for sale (builder listings) | 13 of 109 (11.9%) | 199 of 481 (41.4%) | n/a |
A square foot here sold for $244 over the last three months, the highest in Southeast Austin, because so much of what trades is a condo close to downtown.
Which 78741 neighborhoods have their own report?
None yet. Sales in 78741 are spread across dozens of small condo projects and older sections, and none closed enough homes for a page of its own.
No neighborhood in ZIP code 78741 has enough sales on the record for its own page yet.
Have 78741 prices fallen over the past year?
Yes, and further per foot than the median shows. Riverside’s typical sale slipped to $335,000 over the past twelve months from $349,900 in the twelve before.
Per square foot the fall was steeper, $258 against $277.
Sales rose at the same time, 161 against 141. Buyers are coming out of the woodwork in Riverside, and they are paying less per foot to get in.
Table 3. 78741 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 | 38 | $338,000 | 62 days | 94.8% | $244 |
| Same 90 days, 2025 (July 23, 2025 to October 20, 2025) | 42 | $343,750 | 90 days | 89.5% | $260 |
| Twelve months ending October 20, 2026 | 161 | $335,000 | 60 days | 93.8% | $258 |
| Prior twelve months (October 21, 2024 to October 20, 2025) | 141 | $349,900 | 70 days | 92.2% | $277 |
How 78741 fits with Easton Park and Goodnight Ranch is on How is the Southeast Austin market treating sellers this fall?
What do the 78741 price ranges show?
Mostly that sales are thin. No price range in 78741 closed 10 or more homes over the last three months, so I have left the range table off this page. With so few sales per range, one unusual condo could swing a range from one market to another.
How does 78741 sit next to the other Southeast Austin ZIP codes?
Riverside has the most supply and the smallest homes of the three, which is what you would expect from a ZIP code full of condos.
Table 4. 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 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 |
| ZIP 78747 | 96 | $368,995 | 80 days | 93.2% | 182 | 5.7 | buyer’s market |
Do these 78741 numbers describe your home?
A Riverside condo and a house on an older street off Pleasant Valley can land far apart. Look up your address and see the listings in your building or on your block that a buyer would weigh first.
- Most like these numbers: a condo in a complex with several other units for sale.
- Less like them: a single-family house in a part of 78741 where few homes change hands.
- Less like them: a unit that shows move-in ready in a building where nobody has cut.
- Less like them: an asking price based on this year’s closed sales, not last year’s.
With supply this deep, start with Why do some Southeast Austin homes sell while others never do? Then read Which new builds is your Southeast Austin buyer touring too? for the few builders in 78741, 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 78741 the difference between a unit that sells and one that sits is usually the opening price and the condition of the building. The tables can’t show the listings in your complex, and your address can.
Before You Put Your Home on the Market, See the Homes You’ll Have to Beat
If you own in 78741 and want to know which listings a buyer would hold up against yours, start with the ones in your own building and on your street. Request my complimentary Home Competitor Analysis for your address. You get:
- The 78741 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 78741 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 78741 that comes to 8.6 months at the recent pace. On top of that, 65 of the homes for sale have already cut. A Riverside seller has to win the first showing on price.
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 78741 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 78744 a buyer’s market or a seller’s market near Easton Park?
- How is 78747 treating sellers in Goodnight Ranch and Onion Creek?
- 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
