Austin, TX 78745 Real Estate Market Report

ZIP Code: 78745
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

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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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.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Austin 78745 are averaging 6.3%, reflecting a stable market environment for property owners in this area compared to earlier 2026 benchmarks.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. The market value is best represented by the median sold price of $482,000, which anchors recent transaction activity and suggests current realized pricing is slightly above asking signals; given the neutral market temperature, this median sold price appears to reflect measured seller concessions rather than a rapid re-rating.

2. There is pricing pressure as indicated by the price year-over-year trend being down while the median listing price remains $474,500, which may indicate a gap between seller expectations and recent sale outcomes and suggests sellers should consider price or condition adjustments to improve offer rates.

3. Liquidity is slower: the median days on market is 118, which signals extended marketing time and slower transaction velocity and may require sellers to employ targeted marketing, staging, or realistic pricing to reduce time to contract.

4. Market forces influencing affordability include elevated interest rate pressure at 6.3% for current 30-year fixed mortgages and a rent year-over-year trend that is down; together these factors suggest buyers face higher financing costs while rental alternatives are easing, so investors and owner-occupiers should stress-test purchase scenarios against higher carrying costs and potentially longer hold periods.

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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.

Austin, TX 78745 Real Estate Market Report

ZIP Code: 78745
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

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.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Austin 78745 are averaging 6.3%, reflecting a stable market environment for property owners in this area compared to earlier 2026 benchmarks.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. median sold price is the primary market-value indicator and is not available in the provided metrics for this snapshot, which may reflect limited closed-transaction reporting in the analyzed sample or a reporting lag for recent sales; without a supplied median sold price, rely on observed market signals and listing-level metrics to infer valuation trends. down

2. median listing price is $363,500, which—when combined with a very long median days on market of 294—suggests pricing friction and excess supply relative to sales activity that may pressure achievable sale prices.

3. median price per square foot is $318 and the price year-over-year trend is down, indicating ongoing downward price pressure on per-unit area valuation rather than broad appreciation.

4. Market liquidity appears soft: the sample shows elevated inventory relative to sales alongside a neutral market temperature, declining rents (median market rent $1,800 and rent year-over-year trend down), and elevated interest-rate impact—current 30-year fixed mortgage rates averaging 6.3% in the ZIP imply elevated interest rate pressure on affordability.

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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.