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Market Snapshot

Median listing price
$450K

The median listing price in Austin, TX ZIP 78745 is $449,950 as of June 2026.

Median rent
$1,699/mo

The median market rent in Austin, TX ZIP 78745 is $1,699/month as of June 2026.

Days on market
155 days

The median days on market in Austin, TX ZIP 78745 is 155 days as of June 2026. The market is currently neutral.

Gross rental yield
4.53%

At a median list price of $449,950 and a median rent of $1,699/month, the gross rental yield in Austin, TX ZIP 78745 is 4.53% as of June 2026.

STR vs LTR
$1,760/mo STR · $1,699/mo LTR

In Austin, TX ZIP 78745, median Airbnb revenue is $1,760/month compared to median long-term rent of $1,699/month as of June 2026.

Austin, TX 78745 Real Estate Market Report

ZIP Code: 78745

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
156
Active Listings
149
Sold Properties
7

Market Metrics

Median Listing Price
$449,950
Median Sold Price
$419,651
Median Price per Sqft
$329/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
$1,699

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

Property Tax Rate
1.58%

Liquidity & Velocity

Median Days on Market
155
Sale-to-List Ratio
100.0%

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
moderate

Key Findings

  1. 419,651 as the median sold price is the best indicator of realized market value in this snapshot and suggests recent transactions are tracking below asking levels, given the 449,950 median listing price; this pricing gap signals seller concessions and pricing friction rather than a balanced listing-to-sale outcome.
  2. The median days on market is 155, which points to slower sales velocity and longer marketing periods for SFR and condominium properties; combined with the price year-over-year trend being down, this suggests transaction cadence remains muted and sellers may need to adjust expectations.
  3. Median price per square foot is 329 and median market rent is 1,699; these figures, alongside the rent year-over-year trend being down, indicate limited near-term rental-driven price support and more dependence on owner-occupier demand.
  4. Market temperature is neutral while interest rate pressure is described as moderate, and inventory in the analyzed sample is characterized as elevated relative to sales activity; together these signals suggest the market may be stabilizing after a downturn but still requires cautious pricing and staged listing strategies to reestablish liquidity.

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.

Recent Transactions

8115 Seminary Ridge Dr, Austin, TX 78745
Top Sale

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

4 beds2 baths1,619 sqft
$418,000
Oct 1, 2025
$258/sqft/sqft
290 days on market
7321 Shadywood Dr, Austin, TX 78745
Market Benchmark

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

4 beds2 baths2,122 sqft
$400,000
Mar 1, 2026
$189/sqft/sqft
237 days on market
7321 Shadywood Dr, Austin, TX 78745
Market Benchmark

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

4 beds2 baths2,122 sqft
$400,000
Mar 1, 2026
$189/sqft/sqft
237 days on market
325 Heartwood Dr, Austin, TX 78745
Value

Sold below market average

3 beds1.75 baths1,170 sqft
$341,900
Oct 1, 2025
$292/sqft/sqft
1524 days on market
2609 Carlow Dr, Austin, TX 78745
Value

Sold below market average

4 beds2 baths1,264 sqft
$300,000
Jul 1, 2025
$237/sqft/sqft
253 days on market
5306 Harvest Ln, Austin, TX 78745
Value

Sold below market average

- beds1.75 baths1,484 sqft
$270,000
Mar 1, 2026
$182/sqft/sqft
6907 Circle S Rd, Austin, TX 78745
Value

Sold below market average

- beds1 baths1,024 sqft
$180,000
Jun 1, 2025
$176/sqft/sqft
6907 Circle S Rd, Austin, TX 78745
Value

Sold below market average

- beds1 baths1,024 sqft
$180,000
Jun 1, 2025
$176/sqft/sqft

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

-$1,096/mo
78745 Avg Rent
78745 Cost to Own
Rent$1,699
Own$2,795

20% down, 6.50% rate, 1.6% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

78745 Avg nightly rate
78745 Avg occupancy (days/year)
Nightly rate$173/night
Occupancy120 of 365 days

Data Sources

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

Report generated: 6/1/2026

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