Austin, TX 78744 Real Estate Market Report

ZIP Code: 78744
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

---

Executive Overview

The real estate market in Austin, TX (ZIP: 78744) is currently characterized by a median sold price of $369,900, reflecting a market that has seen a down trend in prices. This indicates a shift in buyer sentiment and market dynamics, with the neighborhood experiencing a decreased trend since 2022. The median days on market stands at 245, suggesting a slower sales velocity and potentially indicating pricing friction as sellers adjust to the current market conditions.

Inventory levels appear elevated, with a notable gap between the median listing price of $425,000 and the median sold price. This discrepancy may suggest that sellers are facing challenges in aligning their expectations with market realities, contributing to a neutral market temperature. Despite steady rental demand, the overall market remains under pressure from elevated interest rates, which are currently around 6.1% to 6.6%, further impacting affordability and buyer activity.

---

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

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.

---

Rental Market

---

Property Taxes

---

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.

---

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 Austin, TX 78744 are approximately 6.1% to 6.6%, which is 0.6% higher than the average rates seen in early 2026.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

---

Key Findings

1. The median sold price of $369,900 indicates a market that has seen a down trend in home values, reflecting changing buyer sentiment.

2. With a median days on market of 245, the market is experiencing slower sales velocity, suggesting potential pricing friction for sellers.

3. The median listing price of $425,000 shows a significant gap compared to the median sold price, indicating that sellers may need to adjust expectations to align with market realities.

4. Elevated inventory levels relative to sales activity suggest a market that is currently balanced but may be leaning towards excess supply.

5. Rental demand remains steady with a median market rent of $2,416, although the year-over-year trend for rent is also down, indicating potential challenges in rental growth.

---

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.