Lakeway Market Report: 78734 Slows to 100 Days as Prices Hold Their Lower Level
For the three months ending October 2026, Lakeway's 78734 median sale price was $667K, down 5.8% year over year, and median days on market rose to 100 from 73 in the August window. Prices stayed lower, but the September report's quick pace gave way to a seasonal slowdown.
Median price down 5.8% year over year
$667K for the three months ending October 2026, close to the 6.2% decline in the August window.
Days on market up to 100
A median 100 days versus 98 a year earlier, up from 73 in the September report.
Sales flat in October
101 homes sold in October 2026 versus 102 a year earlier, after the August window's 17.1% gain.
Fewer price cuts, more over-list sales
Price drops fell to 39.5% of homes, and 11.2% sold above list, up 7.3 points.
Inventory centered on $500K-$750K
About 32% of 112 active listings inside Lakeway city limits on November 11, 2026 were asking $500K to $750K.
The short answer: 78734 still favors buyers, and in the fall window the adjustment showed up in both price and time.
Over the rolling three months ending October 2026, the median sale price in Lakeway's 78734 ZIP was $667K, down 5.8% from the same period a year earlier. Homes took a median 100 days to sell, against 98 a year before. Redfin counted 101 homes sold in October, against 102 in October 2025.
What changed since our September report. That report, built on the three months ending August, argued that the adjustment had moved from the calendar to the price tag: days on market had fallen to 73, level with a year earlier, while the median fell 6.2% and price per square foot fell 15.0%. The October window keeps the price half of that story, with the median down 5.8%, a similar decline. The calendar half has shifted. Days on market jumped from 73 to 100, though that is still level with last fall, so it looks more like the seasonal slowdown than a new weakness. And the sales surge faded: the August window had sales up 17.1%, while October was flat.
Read price per square foot with care. It swung from down 15.0% in August to up 18.5% to $314 in October. A reversal that large in two months says more about which homes happened to close than about value per foot. A lower median alongside a higher price per foot suggests smaller homes made up more of the sales. Check comps on your specific home.
Sellers are cutting less. The share of homes with price drops fell to 39.5%, down 4.2 points, sale-to-list rose to 96.4%, and 11.2% of homes sold above list, up 7.3 points.
Inventory skews to the middle. A count of 112 active listings inside Lakeway city limits on November 11, 2026, all property types, found about 32% asking $500K to $750K, 19% under $500K and about 27% at $1M and above. That count covers a different area than last cycle's 78734 single-family count, so do not compare the two directly.
What to do with this. Sellers: plan on about three months to sell and price to current comps. Buyers: with fewer price cuts, leverage comes from time on market, not discounts.
Working the Lake Travis side of the market. Jonathan Creath is a Real Estate Advisor with Kuper Sotheby's International Realty and part of Creath Partners, the family business his father Garry Creath founded in 1971 and brought to Austin in 1989. Lakeway and the Lake Travis areas are among the markets the practice works. TREC License #547237.
Lakeway as of November 11, 2026
These figures are frozen at publication. The Lakeway guide carries the current month's numbers.
Every number, and where it came from.
Median sale price in 78734 was $667K over the three months ending October 2026, down 5.8% year over year.
redfin.com ↗Median sale price per square foot in 78734 was $314, up 18.5% year over year.
redfin.com ↗Homes in 78734 sold after a median 100 days on market compared with 98 days a year earlier.
redfin.com ↗101 homes sold in 78734 in October 2026, compared with 102 in October 2025.
redfin.com ↗Sale-to-list in 78734 was 96.4%, up 0.6 points; 11.2% of homes sold above list, up 7.3 points; 39.5% had price drops, down 4.2 points.
redfin.com ↗112 active listings inside the City of Lakeway on November 11, 2026: 21 under $500K, 36 from $500K-$750K, 25 from $750K-$1M, 20 from $1M-$2M and 10 at $2M+.
neuhausre.com ↗The September 2026 report cited a $679,706 median (down 6.2%), 73 median days on market, $260 per square foot (down 15.0%) and 128 homes sold (up 17.1%) for the period ending August 2026.
redfin.com ↗Lake Travis was 98.9% full on November 11, 2026, versus 80.2% a year earlier.
waterdatafortexas.org ↗Lakeway City Park improvements total $10.6 million, with construction expected from fall 2027 to summer 2029.
communityimpact.com ↗
Sale metrics are Redfin's calculations from MLS and public records for ZIP 78734, on a rolling three-month basis ending October 2026 (homes sold is the October 2026 count), retrieved November 11, 2026. The price distribution is not from a banded source and the measure changed from last cycle: it is an approximate breakdown of 112 active listings of all property types inside the City of Lakeway (not all of 78734), counted from Neuhaus Realty Group's ABOR MLS listing feed on November 11, 2026, so it reflects asking prices of current inventory rather than closed sales.
