Austin, TX 78753 Real Estate Market Report

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

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Executive Overview

As of February 2026, the real estate market in Austin, TX (ZIP: 78753) is characterized by a median sold price of $379,000, reflecting a cooling trend in the market. The neighborhood has decreased 8% since 2022, indicating a significant shift in buyer sentiment and pricing dynamics. With homes selling below list price, this environment suggests that buyers currently hold leverage, which may indicate a stabilization phase following recent price corrections.

Transaction activity appears moderate, with median days on market extending to 279 days, signaling slower sales velocity. The elevated inventory levels relative to sales activity further contribute to this trend, suggesting a market that is adjusting to excess supply. Despite these challenges, the underlying economic fundamentals in the tech and bio-science sectors may provide a stabilizing effect, potentially supporting future market resilience.

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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 30-year fixed mortgage rates in the Austin TX market at approximately 5.98% are slightly lower than the average rate of 6.11% observed for 2026 loan originations.

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 $379,000 reflects a market that has decreased 8% since 2022, indicating ongoing price softening.

2. With a median days on market of 279, the market is experiencing slower sales velocity, suggesting challenges in liquidity.

3. The median listing price stands at $380,000, which is slightly above the sold price, indicating potential pricing friction as sellers adjust expectations.

4. The median market rent is $2,416, which has also seen a down trend year-over-year, reflecting a cooling rental market.

5. Current mortgage rates at approximately 5.98% are slightly lower than the average for 2026, suggesting moderate interest rate pressure on buyers.

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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.