ZIP 78734 covers residential neighborhoods in Austin, located within Travis County, TX, part of the broader Austin housing market. The typical home value in ZIP 78734 in the Austin housing market is $619,351, with a typical rent of $2,762 per month. That puts the local home-value-to-annual-rent ratio at 18.7.
Key stats
- ZIP 78734 is around the 66th percentile of tracked local ZIPs for home value.
- ZIP 78734 is around the 22nd percentile of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 18.7.
- 32 homes went pending for every 100 new listings in the current reading.
- Supply and buyer competition did not produce a clear easing or tightening split.
- Typical home value
- $619,351
- Typical rent
- $2,762
- Homes for sale
- 344
- Buyer competition
- 39
- New listings
- 57
- Homes going pending
- 18
- Listings with price cuts
- 27.9%
Price and rent in ZIP 78734
ZIP 78734 is around the 66th percentile of tracked local ZIPs for home value. ZIP 78734 is around the 92nd percentile of tracked local ZIPs for rent.
ZIP 78734 home value & rent trend (past 12 months)
Typical home value fell 1.4% over the past 12 months, from $627,922 to $619,351. It rose in 1 of 11 monthly readings. The largest monthly gain was +0.1% in July 2026.
Typical rent rose 2.7% over the past 12 months, from $2,688 to $2,762. It rose in 7 of 11 monthly readings. The largest monthly gain was +2.7% in February 2026.
How ZIP 78734 compares to the metro
ZIP 78734's typical home value is 10.6% above the metro median of $559,762. ZIP 78734's typical rent is 62.6% above the metro median of $1,698. ZIP 78734's buyer competition is 13.3% below the metro median of 45.
Supply, pending activity, and competition
ZIP 78734 is around the 95th percentile of tracked local ZIPs for for-sale inventory. ZIP 78734 is around the 22nd percentile of tracked local ZIPs for buyer competition. 32 homes went pending for every 100 new listings in the current reading. Supply and buyer competition did not produce a clear easing or tightening split. Over the 12 readings on record, inventory moved between 231 and 373 — a 142-point spread across 41 comparable tracked ZIPs.
Nearby markets worth comparing
Relevant nearby ZIP pages include 78732, 78738, 78645, 78733.
Continue your market research
- Is Austin Housing Market Cooling?Read the related local market analysis.
- Is Austin a Buyer's Market?Read the related local market analysis.
- Compare 78734 vs 78652Compare this market with another tracked ZIP or peer group.
- Compare 78734 vs 78701Compare this market with another tracked ZIP or peer group.
- Compare 78734 vs top 5 ZIPsCompare this market with another tracked ZIP or peer group.
- ZIP 78732 housing marketReview a nearby local market with the same core measures.
- ZIP 78738 housing marketReview a nearby local market with the same core measures.
- ZIP 78645 housing marketReview a nearby local market with the same core measures.
- Austin Metro housing market overviewReturn to the broader parent market.
78734 Housing Market Overview FAQ
What is the typical home value in ZIP 78734?
The typical home value in ZIP 78734 is $619,351 in the latest monthly reading.
What is the typical rent in ZIP 78734?
Typical rent in ZIP 78734 is $2,762 per month.
What is the home-value-to-rent ratio in ZIP 78734?
ZIP 78734 has a home-value-to-annual-rent ratio of 18.7.
Sources and method
- HomeMarketCap.com data sources: home value, rent, inventory, and market activity datasets
- HomeMarketCap.com methodology: definitions and calculation rules