ZIP 78735 covers residential neighborhoods in Austin, located within Travis County, TX, part of the broader Austin housing market. The typical home value in ZIP 78735 in the Austin housing market is $829,910, with a typical rent of $1,708 per month. That puts the local home-value-to-annual-rent ratio at 40.5.
Key stats
- ZIP 78735 is around the 88th percentile of tracked local ZIPs for home value.
- ZIP 78735 is around the 56th percentile of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 40.5.
- 33 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
- $829,910
- Typical rent
- $1,708
- Homes for sale
- 81
- Buyer competition
- 45
- New listings
- 18
- Homes going pending
- 6
- Listings with price cuts
- 24.7%
Price and rent in ZIP 78735
ZIP 78735 is around the 88th percentile of tracked local ZIPs for home value. ZIP 78735 is around the 51st percentile of tracked local ZIPs for rent.
ZIP 78735 home value & rent trend (past 12 months)
Typical home value fell 0.1% over the past 12 months, from $830,594 to $829,910. It rose in 5 of 11 monthly readings. The largest monthly gain was +0.4% in October 2025.
Typical rent rose 1.6% over the past 12 months, from $1,681 to $1,708. It rose in 4 of 11 monthly readings. The largest monthly gain was +2.9% in May 2026.
How ZIP 78735 compares to the metro
ZIP 78735's typical home value is 48.3% above the metro median of $559,762.
Supply, pending activity, and competition
ZIP 78735 is around the 24th percentile of tracked local ZIPs for for-sale inventory. ZIP 78735 is around the 56th percentile of tracked local ZIPs for buyer competition. 33 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 74 and 91 — a 17-point spread across 41 comparable tracked ZIPs.
Nearby markets worth comparing
Relevant nearby ZIP pages include 78733, 78746, 78749, 78736.
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 78735 vs 78652Compare this market with another tracked ZIP or peer group.
- Compare 78735 vs 78701Compare this market with another tracked ZIP or peer group.
- Compare 78735 vs top 5 ZIPsCompare this market with another tracked ZIP or peer group.
- ZIP 78733 housing marketReview a nearby local market with the same core measures.
- ZIP 78746 housing marketReview a nearby local market with the same core measures.
- ZIP 78749 housing marketReview a nearby local market with the same core measures.
- Austin Metro housing market overviewReturn to the broader parent market.
78735 Housing Market Overview FAQ
What is the typical home value in ZIP 78735?
The typical home value in ZIP 78735 is $829,910 in the latest monthly reading.
What is the typical rent in ZIP 78735?
Typical rent in ZIP 78735 is $1,708 per month.
What is the home-value-to-rent ratio in ZIP 78735?
ZIP 78735 has a home-value-to-annual-rent ratio of 40.5.
Sources and method
- HomeMarketCap.com data sources: home value, rent, inventory, and market activity datasets
- HomeMarketCap.com methodology: definitions and calculation rules