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Austin ZIP Comparison: 78701 vs 78723

Begin with the individual housing-market profiles for ZIP 78701 and ZIP 78723, then use the shared measures below to compare them consistently.

MeasureZIP 78701ZIP 78723
Typical home value$660,440$479,296
Typical rent$2,937$1,883
Homes for sale239214
Buyer competition3656
New listings3052
Homes going pending917
Listings with price cuts21.0%31.1%

ZIP 78701 has 37.8% higher typical home value than ZIP 78723. ZIP 78701 has 56.0% higher typical rent than ZIP 78723.

Key stats

  • ZIP 78701 has 37.8% higher typical home value than ZIP 78723.
  • ZIP 78701 has 56.0% higher typical rent than ZIP 78723.
  • ZIP 78701 has 11.7% higher for-sale inventory than ZIP 78723.
  • ZIP 78723 has 35.7% higher buyer competition than ZIP 78701.
  • The home-value-to-annual-rent ratio ranges from 18.7 in ZIP 78701 to 21.2 in ZIP 78723.
typical home value delta
ZIP 78701 has 37.8% higher typical home value than ZIP 78723.
typical rent delta
ZIP 78701 has 56.0% higher typical rent than ZIP 78723.
homes for sale delta
ZIP 78701 has 11.7% higher for-sale inventory than ZIP 78723.
buyer competition delta
ZIP 78723 has 35.7% higher buyer competition than ZIP 78701.

The largest measurable differences

ZIP 78701 has 37.8% higher typical home value than ZIP 78723. ZIP 78701 has 56.0% higher typical rent than ZIP 78723. ZIP 78701 has 11.7% higher for-sale inventory than ZIP 78723.

Price and rent differences

ZIP 78701 has 37.8% higher typical home value than ZIP 78723. ZIP 78701 has 56.0% higher typical rent than ZIP 78723.

The home-value-to-annual-rent ratio ranges from 18.7 in ZIP 78701 to 21.2 in ZIP 78723.

Supply and buyer pressure

ZIP 78701 has 11.7% higher for-sale inventory than ZIP 78723. ZIP 78723 has 35.7% higher buyer competition than ZIP 78701.

Pending homes per 100 new listings range from 30 in ZIP 78701 to 33 in ZIP 78723.

Continue your market research

Sources and method

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