Austin, TX 78747 Real Estate Market Report

ZIP Code: 78747
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

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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. The primary market-value indicator, the median sold price, is not available in the provided metrics, so transaction-based valuation must be treated cautiously because recent closed-sale context is missing rather than inferred; use listing and trend signals with caution.

2. Current seller expectations are represented by a median listing price of $364,500, while broader trend data shows prices are down, suggesting ongoing price softening and potential pressure for list-price adjustments in order to reach market-clearing levels.

3. Liquidity is slow: the neighborhood reports a median days on market of 141, which, together with the sampled elevated inventory relative to sales, points to slower transaction velocity and increased pricing friction that may require longer marketing windows or price concessions to close deals.

4. Rental and unit-level value context show a median market rent of $2,195 and a median price per square foot of 201; however, rents are down and interest rate pressure is elevated, indicating softer near-term income prospects and higher financing headwinds for buyers and investors.

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Notable Properties

The following 3 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.