Bee Cave, TX 78738 Real Estate Market Report

ZIP Code: 78738
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

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Property Taxes

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

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Key Findings

1. median sold price: unavailable — the median sold price is not present in the provided metrics, which may indicate very limited recent closed-transaction data in the sample or reporting suppression; without a reported median sold price, rely on listing and market-context metrics for valuation signals rather than a representative recent sale. neutral data availability.

2. median listing price: 999,942 — asking-price levels sit near $999,942 while the market shows flat price momentum year-over-year, suggesting seller expectations are holding even as transaction evidence for realized sale prices is limited; this may create pricing friction until more closed sales are reported.

3. median days on market: 103 — extended marketing times (103 days) point to slower sales velocity and potential liquidity constraints in converting listings to closed transactions; this slower pace, combined with elevated inventory relative to sales activity in the analyzed sample, suggests sellers may need to be more price-competitive or offer concessions to accelerate deals. slower sales velocity.

4. median market rent: 3,665 and rent year-over-year trend: up — rental fundamentals are strong with rents at $3,665 and rising year-over-year, indicating solid income demand that could support investor interest or provide downside price support for SFR/condo segments. up.

5. market temperature: neutral and interest rate pressure: moderate — the overall market appears balanced rather than strongly one-sided, but moderate interest rate pressure may constrain buyer affordability and keep transaction volume subdued; monitor rate trajectories as a key short-term liquidity risk. neutral.

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Notable Properties

The following 4 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Bee Cave, TX 78738 Real Estate Market Report

ZIP Code: 78738
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

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Key Findings

1. median sold price is currently unavailable in the provided metrics, which limits direct measurement of recent transaction-level market value; this may be because the sample set or data feed did not capture completed sales in the reporting window, so rely on listing and market-rent signals for near-term valuation context.

2. median listing price is 675,000, which establishes seller asking-level context for the area and may represent prevailing seller expectations given the absence of a reported median sold price; note the broader flat price year-over-year trend in the market.

3. median days on market is 191, indicating materially slower sales velocity and slower transaction velocity relative to hot-market benchmarks, which may signal greater pricing friction or longer negotiation timelines for sellers.

4. median market rent is 3,300 and the rent year-over-year trend is up, suggesting stronger rental demand and rent growth that could support investor interest in SFR and condo assets despite slower sales activity.

5. The market temperature is reported as neutral with interest rate pressure characterized as moderate, a combination that suggests a broadly balanced market environment where pricing appears stabilized (neutral) but financing costs remain a caution for marginal buyers (moderate).

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.