Austin, TX 78703 Real Estate Market Report

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.

Market Metrics

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.

Rental Market

Property Taxes

Liquidity & Velocity

Market Trends & Context

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

Key Findings

1. The neighborhood's median sold price is unavailable in the provided metrics, so a definitive transaction-based market value cannot be stated; this absence limits reliance on sold-price trends for valuation and suggests using recent representative sales or appraisals instead.
2. Listing-side snapshot shows a median listing price of 1,999,000 alongside a median days on market of 105, which together suggest slower sales velocity and pricing friction relative to a fast-turning market and may indicate buyers have increased negotiation leverage.
3. Price trend indicators remain constructive: price year-over-year trend up while the market temperature is neutral, which suggests modest appreciation but a balanced market—position sellers to meet realistic offers and buyers to seek value without expecting large discounts.
4. Rent and financing pressures create constraints on upside: median market rent of 2,374 with rent year-over-year trend down and interest rate pressure elevated (Current 30-year fixed mortgage rates in Austin, TX are approximately 6.44% to 6.76%, which is higher than the 6.19% average observed earlier in 2026) — together these reduce immediate rental income strength and increase buyer cost sensitivity, so prioritize price realism and financing contingency planning.

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.