October 15, 2026 - 03:54

Median home sales prices across East Austin fell in September compared to the same month last year, according to data from Unlock MLS. The decline covers three ZIP codes within the Community Impact coverage area: 78702, 78722 and 78723.
The numbers show a consistent downward trend across all three neighborhoods. In 78702, the median sales price dropped from September 2024 to September 2025. The same pattern held in 78722 and 78723, where buyers paid less on average than they did a year earlier.
The shift marks a change from the rapid appreciation that defined the local market in recent years. Higher mortgage rates and a growing supply of available homes have given buyers more room to negotiate, slowing the pace of sales and pulling prices down from their earlier peaks.
For sellers, the data suggests expectations may need adjusting. Homes that once drew multiple offers within days are now sitting longer on the market, and price cuts are becoming more common. Buyers, meanwhile, are finding more choices and less pressure to bid above asking.
It remains unclear whether the decline will continue through the fall or level off. Much depends on interest rates and how many sellers decide to list before the end of the year. For now, the September figures point to a cooler market across East Austin's core neighborhoods.
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