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Market Snapshot

Median listing price
$387K

The median listing price in Austin, TX ZIP 78744 is $386,500 as of June 2026.

Median rent
$1,995/mo

The median market rent in Austin, TX ZIP 78744 is $1,995/month as of June 2026.

Days on market
129 days

The median days on market in Austin, TX ZIP 78744 is 129 days as of June 2026. The market is currently neutral.

Gross rental yield
6.19%

At a median list price of $386,500 and a median rent of $1,995/month, the gross rental yield in Austin, TX ZIP 78744 is 6.19% as of June 2026.

STR vs LTR
$1,514/mo STR · $1,995/mo LTR

In Austin, TX ZIP 78744, median Airbnb revenue is $1,514/month compared to median long-term rent of $1,995/month as of June 2026.

Austin, TX 78744 Real Estate Market Report

ZIP Code: 78744

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
180 Days
Total Properties Analyzed
106
Active Listings
103
Sold Properties
3

Market Metrics

Median Listing Price
$386,500
Median Sold Price
$313,500
Median Price per Sqft
$223/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
$1,995

Property Taxes

Property Tax Rate
1.69%

Liquidity & Velocity

Median Days on Market
129
Sale-to-List Ratio
100.0%

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.

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

Key Findings

  1. The primary indicator of recent market value is the $313,500 median sold price, which represents the most reliable signal of transaction-level pricing in the ZIP and suggests current achievable pricing rather than asking price representative recent sale.
  2. There is a meaningful spread between the $386,500 median listing price and the $313,500 median sold price, which may indicate pricing friction and that seller expectations currently exceed realized sale prices downward pressure.
  3. Slower sales velocity is evident given the 129 median days on market, which, combined with elevated interest rate pressure, suggests buyers are more deliberate and transactions may take longer to negotiate elevated interest rate pressure.
  4. Market-level trends show prices are down year-over-year while market temperature is neutral and rent trends are down, indicating the market may be stabilizing but still facing softness from both price and rental declines neutral market temperature.

Notable Properties

The following 4 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

3308 Montopolis Dr, Austin, TX 78744
Top Sale

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

3 beds1.5 baths1,196 sqft
$375,000
Feb 1, 2026
$314/sqft/sqft
841 days on market
5505 China Berry Rd, Austin, TX 78744
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

- beds2 baths1,216 sqft
$346,500
Mar 1, 2026
$285/sqft/sqft
6416 Orange Blossom Way, Austin, TX 78744
Value

Sold below market average

3 beds2.25 baths1,380 sqft
$164,000
Dec 1, 2025
$119/sqft/sqft
154 days on market
6416 Orange Blossom Way, Austin, TX 78744
Value

Sold below market average

3 beds2.25 baths1,380 sqft
$164,000
Dec 1, 2025
$119/sqft/sqft
154 days on market

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$123/mo
78744 Avg Rent
78744 Cost to Own
Rent$1,995
Own$2,118

20% down, 6.50% rate, 1.7% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

78744 Avg nightly rate
78744 Avg occupancy (days/year)
Nightly rate$153/night
Occupancy106 of 365 days

Data Sources

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

Report generated: 6/1/2026

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