Austin, TX 78732 Real Estate Market Report

ZIP Code: 78732
Report Date: March 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The 78732 ZIP code in Austin has demonstrated a median sold price of $859,384.50, reflecting a robust market despite broader trends in the Austin metro area. The neighborhood has increased 8% since 2022, indicating a strong demand for properties in this region. With a median days on market of 261, the market appears to be experiencing slower sales velocity, suggesting that while prices are holding firm, the transaction pace is less dynamic than in previous periods.

Inventory conditions reveal elevated levels, with 94 active listings analyzed against 200 sold properties. This excess supply relative to sales activity may indicate a cautious buyer sentiment, as potential homeowners navigate the current interest rate environment, which remains under pressure. The median listing price stands at $1,212,500, creating a notable gap that may reflect seller expectations versus market realities. Overall, the market temperature is neutral, suggesting a balanced environment where buyers and sellers are adjusting to current economic conditions.

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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 market around 6.19% are lower than the 6.65% average seen a year prior in early 2026, presenting a potential cost-saving opportunity for property owners.

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 median sold price of $859,384.50 indicates strong localized demand in the 78732 ZIP code.

2. With a median listing price of $1,212,500, there is significant pricing friction compared to the sold price, suggesting potential adjustments may be needed by sellers.

3. The median days on market of 261 points to slower sales velocity, which may reflect cautious buyer sentiment in the current market.

4. Elevated inventory levels suggest excess supply relative to sales activity, impacting overall market liquidity.

5. The median market rent of $2,970 shows a rising trend, indicating strong rental demand in the area despite broader market pressures.

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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.