2410 E 16 ST, Austin TX 78702

Based on 3 closed sales in 78702, the data points to a value around $363,460 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $353,000 to $374,000. This would position the home competitively among 4 active listings in 78702. Lot size matters here: 0.02 acres versus 0.06 for the typical comp. Current inventory shows 4 comparable homes in 78702; a buyer's market based on recent absorption. Market data shows 78702 prices risen 2.6% over the last half year. The closest comparable sale, 2235 E 6th ST # 320, Austin TX 78702 at an adjusted $414,315, is a strong comparable. This estimate draws on 3 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus