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Market Snapshot

Median listing price
$964K

The median listing price in Austin, TX ZIP 78737 is $963,750 as of June 2026.

Median rent
$3,200/mo

The median market rent in Austin, TX ZIP 78737 is $3,200/month as of June 2026.

Days on market
91 days

The median days on market in Austin, TX ZIP 78737 is 91 days as of June 2026. The market is currently neutral.

Gross rental yield
3.98%

At a median list price of $963,750 and a median rent of $3,200/month, the gross rental yield in Austin, TX ZIP 78737 is 3.98% as of June 2026.

STR vs LTR
$1,962/mo STR · $3,200/mo LTR

In Austin, TX ZIP 78737, median Airbnb revenue is $1,962/month compared to median long-term rent of $3,200/month as of June 2026.

Austin, TX 78737 Real Estate Market Report

ZIP Code: 78737

Report Date: June 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.


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.

Analysis Window
12 Months
Total Properties Analyzed
84
Active Listings
83
Sold Properties
1

Market Metrics

Median Listing Price
$963,750
Median Sold Price
$0
Median Price per Sqft
$322/sqft

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

Median Market Rent
$3,200

Property Taxes

Property Tax Rate
1.29%

Liquidity & Velocity

Median Days on Market
91

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.

Price YoY Trend
up
Market Temperature
neutral
Rent YoY Trend
down
Interest Rate Pressure
elevated

Key Findings

  1. The median sold price is the primary indicator of neighborhood value and realized liquidity, but it is unavailable in the provided metrics — this limits direct assessment of recent transaction-level pricing and requires reliance on listing-side and trend signals to infer market direction.
  2. The median listing price — $963,750 sits alongside elevated inventory relative to sales activity, which suggests sellers may face greater negotiation pressure and that asking prices could represent aspirational pricing rather than guaranteed achieved values.
  3. The median days on market — 91 indicates slower sales velocity compared with faster-turn markets and, combined with the elevated inventory signal, may increase buyer leverage during negotiations or lead to longer marketing periods for SFR and condominium listings.
  4. Market-level signals show price year-over-year trend — up, market temperature — neutral, rent year-over-year trend — down, and interest rate pressure — elevated, which together imply modest price resilience but cautious sentiment: rising prices amid neutral market balance, weakening rents, and elevated rate pressure that may cap appreciation momentum.

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.

Recent Transactions

11803 Jess Dr, Austin, TX 78737
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

3 beds2.5 baths2,223 sqft
$709,000
May 1, 2026
$319/sqft/sqft
60 days on market

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 6/1/2026

GemHaus

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