Austin, TX 78753 Real Estate Market Report

ZIP Code: 78753
Report Date: March 2026
Market Temperature: COLD
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The median sold price in Austin, TX (ZIP: 78753) currently stands at $379,000, reflecting a modest appreciation trend as prices are reported to be up year-over-year. This increase suggests a resilient market despite the prevailing conditions. However, the market is exhibiting signs of softening, characterized by elevated inventory levels and a median days on market of 285 days, indicating a slower sales velocity and a cautious buyer sentiment as they await better price alignment amidst elevated interest rate pressures.

The current market temperature is classified as cold, which may indicate a shift towards a more buyer-favorable environment. With a median listing price of $370,000, the slight gap between listing and sold prices may reflect sellers adjusting their expectations in response to market dynamics. The rental market is also experiencing downward pressure, with a median market rent of $2,416, further emphasizing the shift in tenant favor due to increased multifamily supply.

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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 Cold market indicates weak buyer demand relative to available inventory, typically characterized by declining or flat prices, extended days on market, and elevated inventory levels relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current conventional 30-year fixed mortgage rates around 6.54% in the Austin market are slightly higher than the average 6.25% seen earlier in 2026, suggesting property owners locked in a marginally better rate.

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. $379,000 is the current median sold price, indicating a modest appreciation trend in the market.

2. The market temperature is cold, suggesting a shift towards a more buyer-favorable environment.

3. Median days on market is 285 days, reflecting slower sales velocity and cautious buyer sentiment.

4. The median listing price of $370,000 shows a slight gap compared to the median sold price, indicating potential pricing friction in the market.

5. Median market rent is $2,416, which is experiencing downward pressure, favoring tenants in the rental market.

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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.