Real Estate Market Update for 78753 (Austin, TX)
Welcome to May's Market Update. Let’s take a look at residential real-estate activity in your area during the month of April. The number of active listings was down 6% from one year earlier, and down 19% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was 260-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 48%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 240-thousand dollars. The number of units sold increased 11% year-over-year, and decreased 25% month-over-month. Higher year-over-year figures indicate that more buyers have been finding what they're looking for. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for 78753 (Austin, TX)
Area Information for 78753 (Austin, TX)
  • Population: 53,690
  • Median Age: 31.47 yr
  • Median Commute Time: 21 mins
  • Educational Climate*: 3
  • Sales Tax: 8%
  • Population Density: 4,892/sq mi
  • Population Change Since 2000: 29.88%
  • Closest Airport: Austin-bergstrom International
  • Closest College: Austin Graduate School Of Theology
  • Closest Jr. College: Le Cordon Bleu-austin
  • Median Household Income: $42,350
  • Annual Residential Turnover: 20%
  • Median Home Sales Price: $172,556
  • Closest Major Sports Team: Round Rock Express (aaa)
  • Change Avg. Household Income Since 2000: 14.45%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 78753 (Austin, TX)
Median Age: 31.47 Married: 31% Number of Households: 19,184 Households with Children: 6,728
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 78753 (Austin, TX)

      School Name Distance Type Grades School Rating Parent Rating
      Walnut Creek Elementary School 0.5 mi Public PRESCHOOL-5 1 0
      Graham Elementary School 0.6 mi Public K-5 5 0
      Holy Word Christian Academy 0.8 mi Private 5-8 0 0
      Brentwood Christian School 0.9 mi Private PRESCHOOL-12 0 0
      Copperfield Elementary School 1.1 mi Public PRESCHOOL-5 2 0
      Idea Rundberg College Preparatory 1.5 mi Public 6-6 0 0
      Idea Rundberg Academy 1.5 mi Public K-2 0 0
      Our Savior Lutheran School 1.6 mi Private PRESCHOOL-5 0 0
      Nyos Charter School 1.6 mi Public PRESCHOOL-12 5 0
      Guerrero Thompson Elementary 1.6 mi Public PRESCHOOL-5 4 0
      Harmony Science Academy - Austin 1.7 mi Public K-7 3 0
      Dobie Middle School 1.8 mi Public 6-8 1 0
      Dobie Pk Center 1.8 mi Public PRESCHOOL-PRESCHOOL 0 0
      Barrington Elementary School 1.8 mi Public PRESCHOOL-5 2 0
      Cedars International Academy 2.5 mi Public PRESCHOOL-8 2 0
      John B Connally High School 2.6 mi Public 9-12 1 4
      Hart Elementary School 2.7 mi Public K-5 3 0
      The Excel Center (for Adults) 3.0 mi Public 9- 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2015. School Performance data by School Review data by
      Local Weather for 78753 (Austin, TX)
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.