Austin, TX 78749 Real Estate Market Report

ZIP Code: 78749
Report Date: May 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.

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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

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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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 primary indicator, median sold price, is not provided in the available metrics, which limits transaction-based valuation precision and suggests reliance on listing-side signals and per-square-foot benchmarks to interpret recent market value.

2. Current pricing signals show a median listing price of 554,950 alongside a median price per square foot of 288, and the broader price year-over-year trend is down (down), indicating seller expectations may be adjusting to softer realized prices.

3. Market velocity appears slow: the median days on market is 149, which, combined with elevated inventory relative to sales activity, may indicate pricing friction and slower transaction throughput rather than immediate market absorption.

4. Rent and financing context is a headwind: median market rent is 2,550 while rent year-over-year trend is down, and interest rate pressure is elevated (elevated), suggesting reduced leasing momentum and higher carrying costs that could further moderate near-term price recovery.

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Notable Properties

The following 2 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.