Austin, TX 78753 Real Estate Market Report

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.

Market Metrics

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

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.

Property Taxes

Liquidity & Velocity

Market Trends & Context

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

Key Findings

1. median sold price is the primary indicator of market value and recent transaction activity; current market signals indicate price stabilization with a slight downward trajectory, so recent closed transactions should be treated as the best reflection of value rather than asking prices. neutral market temperature and a documented down price year-over-year trend support cautious pricing assumptions.
2. median listing price 385,000 sits above recent realized transaction levels (based on sample sales behavior), which suggests a pricing gap that may require concessions or time to close — combined with elevated inventory relative to sales activity this appears to be lengthening time-to-contract and creating pricing friction. down rent year-over-year trend reinforces softer demand pressure.
3. median days on market 117 indicates materially slower sales velocity compared with brisk-market norms and suggests sellers should expect longer marketing periods; price-driven strategies (targeted reductions or buyer incentives) and staging/marketing improvements may be needed to maintain competitiveness. moderate market temperature implies balanced negotiation leverage rather than one-sided market power.
4. median market rent 1,380 and median price per square foot 247 together reflect softer rental performance and moderate valuation per area; with elevated interest rate pressure and mortgage rates averaging between 6.4% and 6.8%, investors and owners should plan for longer hold periods or increased concessions when underwriting acquisitions or leasing assumptions.

Notable Properties

The following 4 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.