Austin, TX 78727 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

Key Findings

1. median sold price is the primary indicator of realized market value and recent transaction activity, but a reliable median sold price is unavailable in the provided metrics due to an insufficient number of recent closed transactions in the sample; exercise caution when using listing-based signals as a substitute. data-limited
2. median listing price is 462,450, which signals current seller expectations in the local listing pool but cannot be validated as a representative sale benchmark while median sold price is unavailable; this may indicate pricing friction between asking and transacted values. pricing caution
3. median days on market is 90, pointing to slower sales velocity and longer marketing windows than typical fast-turn markets; combined with elevated inventory relative to sales activity, this suggests buyers have more time to negotiate and sellers may need to offer concessions. slower velocity
4. market temperature is listed as cold with price year-over-year trend down, rent year-over-year trend down, and interest rate pressure described as elevated; together these signals—alongside a median market rent of 1,950 and a median price per square foot of 267—support a cautious outlook for near-term appreciation and tighter transaction activity. softening

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.