Austin, TX 78754 Real Estate Market Report

ZIP Code: 78754
Report Date: March 2026
Market Temperature: COLD
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The Austin, TX market shows a median sold price of $369,000, reflecting a modest annual appreciation despite a recent correction from the 2022 peak. This indicates a market that has increased 8% since 2022, suggesting a resilient demand for homes even amid fluctuating economic conditions. The current market dynamics are characterized by elevated inventory levels, which may indicate a shift towards a more balanced market as buyers have more options available to them.

Transaction activity appears to be moderate, with 236 days on market signaling slower sales velocity. This extended time frame may reflect buyer hesitance influenced by elevated interest rates, currently around 6.57% to 6.62%, which are notably higher than earlier in the year. The overall market temperature is classified as cold, further emphasizing the challenges faced by sellers in achieving their asking prices amid a backdrop of excess supply relative to sales activity.

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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 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 around 6.57% to 6.62% are slightly higher than the January 2026 average of 5.99%, meaning recent borrowers locked in a more favorable cost.

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 stands at $369,000, indicating a resilient market despite recent corrections.

2. With a median days on market of 236, the market is experiencing slower sales velocity, suggesting buyer hesitance.

3. The median listing price is $3,200, which may indicate pricing friction as sellers adjust to market realities.

4. Elevated inventory levels suggest excess supply relative to sales activity, impacting overall market liquidity.

5. The rental market is facing challenges with a median market rent of $2,416, reflecting a down trend year-over-year.

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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.