Austin, TX 78745 Real Estate Market Report

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

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Executive Overview

The real estate market in Austin, TX (ZIP: 78745) is currently characterized by a median sold price of $474,950, reflecting a down trend in pricing. This indicates a shift in market dynamics, as the neighborhood has decreased 8% since 2022. The median days on market stands at an elevated 254 days, suggesting a slower sales velocity and potential pricing friction as buyers take more time to make decisions.

With elevated inventory levels and a neutral market temperature, the current environment appears to be balancing out, although the median listing price of $499,949.50 indicates a gap between seller expectations and buyer willingness. The median market rent has also seen a down trend, currently at $2,540, further highlighting the softening rental demand in the area. Overall, the market is transitioning towards a more balanced state, with potential opportunities for buyers amid the increased inventory and declining prices.

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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.

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Key Findings

1. The median sold price of $474,950 indicates a down trend in property values, reflecting changing market conditions.

2. With a median days on market of 254, the market is experiencing slower sales velocity, suggesting buyers are taking longer to make purchasing decisions.

3. The median listing price of $499,949.50 shows a notable gap compared to the sold price, indicating potential pricing friction in negotiations.

4. The median market rent is currently $2,540, which has also seen a down trend, signaling softening rental demand in the area.

5. The market temperature is neutral, suggesting a balanced environment with elevated inventory levels relative to sales activity.

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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.