How Competitive is the Zilker, TX Housing Market?
Zilker, a neighborhood in Austin, TX, isn't a very competitive housing market right now. Only about 5% of homes sold above list price in the 3 months ending June 2026, and the typical home sat on the market for 53 days.
The National Picture
Across the U.S., 24.6% of homes sold above list price in June 2026, with a national median of 50 days on market. Zilker's 5.3% sold-above rate falls below that national benchmark, giving buyers here more room to negotiate.
Buyers Rarely Bid Above Asking
The average home in Zilker sold for 96.3% of its list price, and about 25.3% of listings went under contract within two weeks. Nearby Old West Austin (0.0% sold above, 40 days on market) sees a similar pattern, while Rosedale (18.1% sold above) offers buyers more competition for desirable listings.
Why Isn't Zilker, TX Very Competitive?
Zilker isn't very competitive because abundant inventory gives buyers plenty of choices and little reason to bid above asking. Active listings rose 4% year over year to 146, while pending sales grew 6% to 43. At 6.8 months of supply, sellers face a buyer-friendly market where patience is rewarded. About 44% of listings have undergone a price reduction, indicating that overpriced homes struggle to attract offers.
Nearby Neighborhoods
| Neighborhood | Sold Above List | Sale-to-List | Days on Market | Off Market in 2 Wks |
|---|---|---|---|---|
| Zilker ★ | 5.3% | 96.3% | 53 days | 25.3% |
| Old West Austin | 0.0% | 96.7% | 40 days | 16.5% |
| Rosedale | 18.1% | 98.2% | 41 days | 25.1% |
| Barton Hills | 4.2% | 94.2% | 65 days | 25.6% |
| Bouldin Creek | 7.7% | 95.9% | 70 days | 7.3% |
| Central Austin | 6.2% | 96.0% | 61 days | 15.4% |
Limited to neighborhoods with at least 10 home sales in the period.
All data comes from Redfin and represents a three-month rolling average ending June 2026. This article has been generated, in whole or in part, using generative artificial intelligence (AI) technology, with input from Redfin head of economics research Chen Zhao. While efforts have been made to ensure the accuracy and reliability of this information, you should independently verify all data, facts, and citations contained in this article before relying on it for any purpose. This information is not a substitute for advice from a real estate agent, financial advisor, or other licensed professional. Check the Redfin Data Center for additional in-depth housing market data.
Categories
Recent Posts
