Austin, TX 78749 Real Estate Market Report

ZIP Code: 78749
Report Date: March 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of March 2026, the real estate market in Austin, TX (ZIP: 78749) is characterized by a median sold price of $586,000, reflecting a modest recovery in market conditions. This price indicates a slight upward trend, suggesting that the neighborhood has increased in value, although specific historical price change data is not available for reference. The market appears to be stabilizing, with buyer leverage remaining strong across various segments, which may indicate a balanced market environment despite some fluctuations in pricing expectations.

Transaction activity shows a slower sales velocity, with properties averaging 224 days on market. This extended duration may suggest elevated inventory levels relative to sales activity, contributing to a moderate transaction volume. The median listing price stands at $564,500, indicating a pricing gap that could reflect seller expectations versus actual market conditions. Overall, the market temperature is neutral, suggesting a balance between supply and demand, although the current economic resilience hints at potential gradual growth moving forward.

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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

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.

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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 the Austin TX 78749 area around 6.23% are slightly higher than the recent low of 6.07% seen nationally in early March 2026.

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 of $586,000 indicates a recovering market with potential for further appreciation.

2. Properties are experiencing 224 days on market, suggesting a slower sales velocity and potential pricing friction.

3. The median listing price of $564,500 reflects seller expectations that may not align with current market realities.

4. With elevated inventory levels, the market is experiencing excess supply relative to sales activity, impacting transaction volume.

5. The median market rent is $2,720, which may influence buyer decisions and overall market dynamics.

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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.