ZIP 78741 covers residential neighborhoods in Austin, located within Travis County, TX, part of the broader Austin housing market. The typical home value in ZIP 78741 in the Austin housing market is $324,337, with a typical rent of $1,417 per month. That puts the local home-value-to-annual-rent ratio at 19.1.
Key stats
- ZIP 78741 is around the 5th percentile of tracked local ZIPs for home value.
- ZIP 78741 is around the 90th percentile of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 19.1.
- 23 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
- $324,337
- Typical rent
- $1,417
- Homes for sale
- 123
- Buyer competition
- 55
- New listings
- 26
- Homes going pending
- 6
- Listings with price cuts
- 29.5%
Price and rent in ZIP 78741
ZIP 78741 is around the 5th percentile of tracked local ZIPs for home value. ZIP 78741 is around the 13th percentile of tracked local ZIPs for rent.
ZIP 78741 home value & rent trend (past 12 months)
Typical home value fell 7.2% over the past 12 months, from $349,583 to $324,337. It rose in 0 of 11 monthly readings.
Typical rent rose 1.4% over the past 12 months, from $1,397 to $1,417. It rose in 6 of 11 monthly readings. The largest monthly gain was +1.4% in June 2026.
How ZIP 78741 compares to the metro
ZIP 78741's typical home value is 42.1% below the metro median of $559,762. ZIP 78741's typical rent is 16.6% below the metro median of $1,698. ZIP 78741's buyer competition is 22.2% above the metro median of 45.
Supply, pending activity, and competition
ZIP 78741 is around the 49th percentile of tracked local ZIPs for for-sale inventory. ZIP 78741 is around the 90th percentile of tracked local ZIPs for buyer competition. 23 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 99 and 132 — a 33-point spread across 41 comparable tracked ZIPs.
Nearby markets worth comparing
Relevant nearby ZIP pages include 78702, 78704, 78701, 78721.
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 78741 vs 78652Compare this market with another tracked ZIP or peer group.
- Compare 78741 vs 78701Compare this market with another tracked ZIP or peer group.
- Compare 78741 vs top 5 ZIPsCompare this market with another tracked ZIP or peer group.
- ZIP 78702 housing marketReview a nearby local market with the same core measures.
- ZIP 78704 housing marketReview a nearby local market with the same core measures.
- ZIP 78701 housing marketReview a nearby local market with the same core measures.
- Austin Metro housing market overviewReturn to the broader parent market.
78741 Housing Market Overview FAQ
What is the typical home value in ZIP 78741?
The typical home value in ZIP 78741 is $324,337 in the latest monthly reading.
What is the typical rent in ZIP 78741?
Typical rent in ZIP 78741 is $1,417 per month.
What is the home-value-to-rent ratio in ZIP 78741?
ZIP 78741 has a home-value-to-annual-rent ratio of 19.1.
Sources and method
- HomeMarketCap.com data sources: home value, rent, inventory, and market activity datasets
- HomeMarketCap.com methodology: definitions and calculation rules