Austin, TX 78754 Real Estate Market Report

ZIP Code: 78754
Report Date: February 2026
Market Temperature: NEUTRAL
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: 78754) is characterized by a median sold price of $383,000, reflecting a period of adjustment following significant price declines from previous highs. The market has decreased 8% since 2022, indicating a trend of softening prices as buyers navigate elevated interest rate pressures and affordability challenges. Despite these conditions, the underlying demand driven by population growth and tech sector activity suggests a foundation for long-term stability in the market.

Transaction activity appears moderate, with 267 median days on market, highlighting a slower sales velocity. The current inventory levels are elevated, indicating excess supply relative to sales activity. This dynamic may suggest that buyers are experiencing pricing friction as they weigh their options in a market that is stabilizing but still grappling with the effects of previous price surges and ongoing interest rate pressures.

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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 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 78754 area around 5.875% are significantly lower than the 6.87% average seen one year ago, presenting a cost opportunity for refinancing.

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 $383,000 indicates a significant adjustment in market value following previous peaks, reflecting current buyer sentiment and market conditions.

2. With 267 median days on market, the market is experiencing slower sales velocity, which may indicate a cautious buyer approach amid elevated interest rates.

3. The median listing price of $375,000 shows a slight gap compared to the sold price, suggesting potential pricing friction as sellers adjust expectations to align with market realities.

4. The median market rent stands at $2,416, which may influence buyer decisions as rental affordability remains a key factor in the housing market.

5. The market temperature is currently neutral, indicating a balanced environment where neither buyers nor sellers have a distinct advantage, reflecting a period of stabilization.

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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.