Austin, TX 78732 Real Estate Market Report

ZIP Code: 78732
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

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 the Austin 78732 market are approximately 6.3% as of May 2026, reflecting a period of rate volatility compared to earlier in the year.

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 neighborhood’s primary transaction indicator is the median sold price: $995,000, which represents the most reliable signal of realized market value in recent activity and should be treated as the anchor for pricing and appraisal decisions.

2. The gap between the median listing price: $1,125,000 and the median sold price suggests seller expectations remain elevated versus recent sale levels; this spread, combined with elevated inventory relative to sales activity, may indicate pricing friction and potential for negotiated concessions.

3. The median days on market: 251 is materially long and points to slower sales velocity; when combined with elevated inventory relative to sales activity, this down-shift in turnover appears to favor buyers in negotiations and suggests longer marketing periods will be typical.

4. The price year-over-year trend: down and rent year-over-year trend: down—together with a neutral market temperature and moderate interest rate pressure (current 30-year fixed ~6.3%)—signal a cautious recovery path where pricing may stabilize later in 2026 but near-term listing-to-sale adjustments remain likely.

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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.