Austin, TX 78741 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. The primary market indicator, the median sold price, is $381,000, which is currently above the median listing price of $350,000 and suggests recent transactions cleared at prices higher than typical asking levels; this dynamic should be interpreted alongside elevated interest rate pressure and longer marketing times. neutral market temperature.
2. Liquidity appears muted: the median days on market is 145, indicating slower sales velocity and pricing friction that may prolong time-to-contract for sellers relative to faster-cycle markets.
3. Inventory conditions in the analyzed sample point to elevated inventory relative to sales activity, which, combined with a down price year-over-year trend, suggests sellers may need stronger pricing or concessions to compete; the median price per square foot is $262, providing a current unit-price reference for valuation.
4. The rental side is softening with median market rent at $1,234 and a down rent year-over-year trend; with interest rate pressure labeled as elevated, investors should expect weaker near-term rent growth and factor higher financing costs into acquisition underwriting.

Notable Properties

The following 6 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.