ZIP 78747 covers residential neighborhoods in Austin, located within Travis County, TX, part of the broader Austin housing market. The typical home value in ZIP 78747 in the Austin housing market is $355,777, with a typical rent of $1,688 per month. That puts the local home-value-to-annual-rent ratio at 17.6.
Key stats
- ZIP 78747 is around the 15th percentile of tracked local ZIPs for home value.
- ZIP 78747 is around the 41st percentile of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 17.6.
- 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
- $355,777
- Typical rent
- $1,688
- Homes for sale
- 146
- Buyer competition
- 44
- New listings
- 30
- Homes going pending
- 7
- Listings with price cuts
- 36.4%
Price and rent in ZIP 78747
ZIP 78747 is around the 15th percentile of tracked local ZIPs for home value. ZIP 78747 is around the 49th percentile of tracked local ZIPs for rent.
ZIP 78747 home value & rent trend (past 12 months)
Typical home value fell 6.2% over the past 12 months, from $379,423 to $355,777. It rose in 0 of 11 monthly readings.
Typical rent rose 1.2% over the past 12 months, from $1,668 to $1,688. It rose in 5 of 11 monthly readings. The largest monthly gain was +1.7% in March 2026.
How ZIP 78747 compares to the metro
ZIP 78747's typical home value is 36.4% below the metro median of $559,762. ZIP 78747's buyer competition is 2.2% below the metro median of 45.
Supply, pending activity, and competition
ZIP 78747 is around the 63rd percentile of tracked local ZIPs for for-sale inventory. ZIP 78747 is around the 41st 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 108 and 146 — a 38-point spread across 41 comparable tracked ZIPs.
Nearby markets worth comparing
Relevant nearby ZIP pages include 78744, 78719, 78748, 78741.
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 78747 vs 78652Compare this market with another tracked ZIP or peer group.
- Compare 78747 vs 78701Compare this market with another tracked ZIP or peer group.
- Compare 78747 vs top 5 ZIPsCompare this market with another tracked ZIP or peer group.
- ZIP 78744 housing marketReview a nearby local market with the same core measures.
- ZIP 78719 housing marketReview a nearby local market with the same core measures.
- ZIP 78748 housing marketReview a nearby local market with the same core measures.
- Austin Metro housing market overviewReturn to the broader parent market.
78747 Housing Market Overview FAQ
What is the typical home value in ZIP 78747?
The typical home value in ZIP 78747 is $355,777 in the latest monthly reading.
What is the typical rent in ZIP 78747?
Typical rent in ZIP 78747 is $1,688 per month.
What is the home-value-to-rent ratio in ZIP 78747?
ZIP 78747 has a home-value-to-annual-rent ratio of 17.6.
Sources and method
- HomeMarketCap.com data sources: home value, rent, inventory, and market activity datasets
- HomeMarketCap.com methodology: definitions and calculation rules