Austin, TX 78745 Real Estate Market Report

ZIP Code: 78745
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of February 2026, the Austin, TX (ZIP: 78745) housing market reflects a median sold price of $491,106.50, indicating a shift in market dynamics. The neighborhood has decreased 8% since 2022, suggesting a cooling trend in buyer activity and pricing. This decline in sold prices, coupled with extended median days on market at 219 days, indicates a slower sales velocity and may signal a market adjusting to elevated inventory levels.

The current median listing price stands at $467,450, which, while lower than the sold price, highlights a potential pricing friction as sellers adjust expectations. The market temperature is classified as neutral, suggesting a balance between supply and demand, albeit with excess supply relative to sales activity. This environment may provide opportunities for buyers, as rental rates are also trending down at a median of $2,540, reflecting increased supply in the rental market.

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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.

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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.

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Rental Market

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Property Taxes

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Liquidity & Velocity

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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 78745 around 5.625% to 5.998% are significantly lower than the 2026 average forecast of 6.18% to 6.6%, indicating a favorable refinancing opportunity for property owners.

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

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Key Findings

1. The median sold price is $491,106.50, reflecting a decrease of 8% since 2022.

2. Median days on market are 219 days, indicating a slower sales velocity and extended time for properties to sell.

3. The median listing price is $467,450, suggesting potential pricing friction as sellers adjust to market conditions.

4. The market temperature is neutral, indicating a balance between supply and demand despite elevated inventory levels.

5. Median market rent has decreased to $2,540, reflecting a down trend in rental rates due to increased supply.

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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.