Austin, TX 78727 Real Estate Market Report

ZIP Code: 78727
Report Date: April 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. median sold price is not provided in the available metrics; this key transaction-value metric is unavailable in the provided data, which may reflect a data lag or limited closed-sale reporting for the sample and prevents direct confirmation of recent transaction-level pricing.

2. median listing price $495,000 sits above the missing sold-price benchmark and, together with median price per square foot $268, suggests seller asking expectations that should be validated against closed sales; price year-over-year trend: down adds context that listing expectations may be outpacing realized market prices.

3. median days on market 118 signals extended marketing periods and slower sales velocity, which, combined with qualitative observations of elevated inventory relative to sales activity, appears to be contributing to pricing friction; market temperature: neutral indicates the market is balanced rather than strongly bid or deeply discounted.

4. rent year-over-year trend: down and median market rent $2,360 indicate weakening rental demand/pricing while interest rate pressure: moderate may continue to temper buyer affordability and transactional urgency, reinforcing the downward price signals in the market.

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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.