Austin, TX 78733 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

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.

Property Taxes

Liquidity & Velocity

Market Trends & Context

Key Findings

1. Median sold price is unavailable for this analysis because the sampled transaction set includes effectively no representative recent sales, which may indicate that recent closed-sale data is insufficient to define a reliable market value; use median sold price cautiously when benchmarking until more sold transactions are captured.
2. Median listing price: $1,474,000 sits above recent closed-sale visibility and, combined with elevated inventory relative to sales activity, suggests pricing friction and that sellers' expectations may be ahead of current transactional outcomes; downward price pressure in the broader trend supports caution on asking-price reliance.
3. Median days on market: 103 points to slower sales velocity in the sampled set and, when paired with elevated inventory relative to sales activity, suggests extended time-to-contract rather than rapid turnover; neutral market temperature may mean neither persistent seller nor buyer dominance.
4. Median price per square foot: $493 and median market rent: $2,999 provide valuation context for investors and occupiers, but with rent year-over-year trend down and interest rate pressure elevated, yield expectations may be under pressure and underwriting should be stress-tested for higher financing costs.

Notable Properties

The following 1 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.