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Market Snapshot

Median listing price
$379K

The median listing price in Austin, TX ZIP 78747 is $379,450 as of June 2026.

Median rent
$2,195/mo

The median market rent in Austin, TX ZIP 78747 is $2,195/month as of June 2026.

Days on market
122 days

The median days on market in Austin, TX ZIP 78747 is 122 days as of June 2026. The market is currently neutral.

Gross rental yield
6.94%

At a median list price of $379,450 and a median rent of $2,195/month, the gross rental yield in Austin, TX ZIP 78747 is 6.94% as of June 2026.

STR vs LTR
$1,600/mo STR · $2,195/mo LTR

In Austin, TX ZIP 78747, median Airbnb revenue is $1,600/month compared to median long-term rent of $2,195/month as of June 2026.

Austin, TX 78747 Real Estate Market Report

ZIP Code: 78747

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
102
Active Listings
100
Sold Properties
2

Market Metrics

Median Listing Price
$379,450
Median Sold Price
$0
Median Price per Sqft
$204/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
$2,195

Property Taxes

Property Tax Rate
1.52%

Liquidity & Velocity

Median Days on Market
122

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. Median sold price is unavailable in the provided metrics, likely reflecting an insufficient number of recent closed transactions in the sample which limits direct valuation using realized sales rather than asking prices; this absence should prompt reliance on listings and broader-market comparables for short-term valuation. data gap
  2. Median listing price is $379,450, and with the price year-over-year trend reported as down and market temperature as neutral, sellers may need to moderate expectations versus prior peak pricing as the market shows signs of stabilization with slight downward pressure.
  3. Median days on market is 122, which indicates slower sales velocity and, combined with elevated inventory relative to sales activity in the sample, suggests increased negotiation leverage for buyers and potential need for longer marketing windows for sellers. slower liquidity
  4. Median market rent is $2,195 while rent year-over-year trend is reported as down, indicating softening rental demand; paired with the reported interest rate pressure as moderate, investors should be cautious about near-term income growth and vacancy risk. rent softness

Notable Properties

The following 3 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

10416 Big Thicket Dr, Austin, TX 78747
Top Sale

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

3 beds2 baths1,708 sqft
$385,000
Mar 1, 2026
$225/sqft/sqft
93 days on market
8086 Thaxton Rd, Austin, TX 78747
Value

Sold below market average

4 beds2.5 baths2,259 sqft
$283,900
Jul 1, 2025
$126/sqft/sqft
333 days on market
8086 Thaxton Rd, Austin, TX 78747
Value

Sold below market average

4 beds2.5 baths2,259 sqft
$283,900
Jul 1, 2025
$126/sqft/sqft
333 days on market

Data Sources

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

Report generated: 6/1/2026

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