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 $817,276, with a typical rent of $1,689 per month. That puts the local home-value-to-annual-rent ratio at 40.3.
Key stats
- ZIP 78735 is around the 88th percentile of tracked local ZIPs for home value.
- ZIP 78735 is around the 76th percentile of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 40.3.
- 46 homes went pending for every 100 new listings in the current reading.
- Supply contracted while buyer competition strengthened.
- Typical home value
- $817,276
- Typical rent
- $1,689
- Homes for sale
- 73
- Buyer competition
- 48
- New listings
- 13
- Homes going pending
- 6
- Listings with price cuts
- 27.0%
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 54th percentile of tracked local ZIPs for rent.
ZIP 78735 home value & rent trend (past 12 months)
Typical home value rose 0.1% over the past 12 months, from $816,658 to $817,276. It rose in 5 of 11 monthly readings. The largest monthly gain was +0.4% in October 2025.
Typical rent rose 1.7% over the past 12 months, from $1,660 to $1,689. It rose in 4 of 11 monthly readings. The largest monthly gain was +2.9% in May 2026.
How ZIP 78735 compares to Austin
ZIP 78735's typical home value is 48.0% above the Austin median of $552,101. ZIP 78735's typical rent is 1.8% above the Austin median of $1,659. ZIP 78735's buyer competition is 9.1% above the Austin median of 44.
Supply, pending activity, and competition
ZIP 78735 is around the 22nd percentile of tracked local ZIPs for for-sale inventory. ZIP 78735 is around the 76th percentile of tracked local ZIPs for buyer competition. 46 homes went pending for every 100 new listings in the current reading. Supply contracted while buyer competition strengthened. Over the 12 readings on record, inventory moved between 73 and 88 — a 15-point spread across 41 comparable tracked ZIPs.
Nearby markets worth comparing
Relevant nearby ZIP pages include 78733, 78749, 78736, 78745.
Continue your market research
- Is the Austin Real Estate Market Cooling or Slowing Down?Read the related local market analysis.
- Is Austin a Buyer's Market?Read the related local market analysis.
- All Austin ZIP comparisonsCompare this market with another tracked ZIP or peer group.
- ZIP 78733 housing marketReview a nearby local market with the same core measures.
- ZIP 78749 housing marketReview a nearby local market with the same core measures.
- ZIP 78736 housing marketReview a nearby local market with the same core measures.
- Austin housing market overviewReturn to the broader parent market.
Sources and method
- HomeMarketCap.com data sources: home value, rent, inventory, and market activity datasets
- HomeMarketCap.com methodology: definitions and calculation rules
Figures are updated monthly by the HomeMarketCap.com team under our editorial policy. Spotted something wrong? Report a correction.