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Austin ZIP Comparison: 78701 vs 78724

Begin with the individual housing-market profiles for ZIP 78701 and ZIP 78724, then use the shared measures below to compare them consistently.

MeasureZIP 78701ZIP 78724
Typical home value$660,440$316,113
Typical rent$2,937$1,643
Homes for sale239104
Buyer competition3645
New listings3024
Homes going pending98
Listings with price cuts21.0%29.3%

ZIP 78701 has 108.9% higher typical home value than ZIP 78724. ZIP 78701 has 78.8% higher typical rent than ZIP 78724.

Key stats

  • ZIP 78701 has 108.9% higher typical home value than ZIP 78724.
  • ZIP 78701 has 78.8% higher typical rent than ZIP 78724.
  • ZIP 78701 has 129.8% higher for-sale inventory than ZIP 78724.
  • ZIP 78724 has 20.0% higher buyer competition than ZIP 78701.
  • The home-value-to-annual-rent ratio ranges from 16.0 in ZIP 78724 to 18.7 in ZIP 78701.
typical home value delta
ZIP 78701 has 108.9% higher typical home value than ZIP 78724.
typical rent delta
ZIP 78701 has 78.8% higher typical rent than ZIP 78724.
homes for sale delta
ZIP 78701 has 129.8% higher for-sale inventory than ZIP 78724.
buyer competition delta
ZIP 78724 has 20.0% higher buyer competition than ZIP 78701.

The largest measurable differences

ZIP 78701 has 108.9% higher typical home value than ZIP 78724. ZIP 78701 has 78.8% higher typical rent than ZIP 78724. ZIP 78701 has 129.8% higher for-sale inventory than ZIP 78724.

Price and rent differences

ZIP 78701 has 108.9% higher typical home value than ZIP 78724. ZIP 78701 has 78.8% higher typical rent than ZIP 78724.

The home-value-to-annual-rent ratio ranges from 16.0 in ZIP 78724 to 18.7 in ZIP 78701.

Supply and buyer pressure

ZIP 78701 has 129.8% higher for-sale inventory than ZIP 78724. ZIP 78724 has 20.0% higher buyer competition than ZIP 78701.

Pending homes per 100 new listings range from 30 in ZIP 78701 to 33 in ZIP 78724.

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Sources and method

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