Austin, TX 78733 Real Estate Market Report

ZIP Code: 78733
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of April 2026, the real estate market in Austin, TX (ZIP: 78733) is characterized by a median sold price of $1,235,000, reflecting a market that has decreased 8% since 2022. This decline suggests a shift in buyer sentiment and market dynamics, as the area adjusts to increased inventory levels and more realistic seller pricing. The median listing price currently stands at $1,919,500, indicating a significant gap between asking prices and actual sold prices, which may create pricing friction for sellers in the current environment.

Transaction activity appears to be moderate, with median days on market extending to 294 days, signaling slower sales velocity. The market is experiencing elevated inventory levels, which may indicate excess supply relative to sales activity. This trend is further supported by a neutral market temperature, suggesting that while the market is stable, it is not favoring either buyers or sellers significantly. Overall, the combination of price softening and increased inventory presents a cautious outlook for the near term.

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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.

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Key Findings

1. The median sold price of $1,235,000 indicates a significant gap from the median listing price of $1,919,500, suggesting potential pricing friction for sellers.

2. With median days on market at 294, the market is experiencing slower sales velocity, which may deter some potential sellers from entering the market.

3. The median market rent is $3,580, reflecting a downtrend in rental prices due to increased supply, which may influence buyer decisions.

4. The market temperature is neutral, indicating balanced conditions without strong favor towards buyers or sellers, which may lead to cautious pricing strategies.

5. The price year-over-year trend is down, reinforcing the notion of a softening market and the need for realistic pricing from sellers.

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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.