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Austin, TX 78757 Real Estate Market Report

ZIP Code: 78757
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only


Executive Overview

As of April 2026, the real estate market in Austin, TX (ZIP: 78757) reflects a median sold price of $723,235, indicating a stable yet slightly declining trend with a year-over-year decrease in prices. This suggests that while the market is experiencing some price adjustments, it remains resilient amid a backdrop of strong economic conditions. The median listing price stands at $807,450, creating a notable gap that may indicate seller expectations are not fully aligned with current buyer sentiment and market realities.

The market is characterized by elevated inventory levels, with a median days on market of 258, suggesting slower sales velocity. This extended time frame may reflect a cautious buyer sentiment in the face of moderate interest rate pressure. Overall, the market temperature is neutral, indicating a balanced environment where both buyers and sellers may find opportunities, albeit with some pricing friction.


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.

Analysis Window
180 Days
Total Properties Analyzed
129
Active Listings
100
Sold Properties
29

Market Metrics

Median Listing Price
$807,450
Median Sold Price
$723,235
Median Price per Sqft
$466/sqft

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.


Rental Market

Median Market Rent
$2,088
Rent Range
$1,626 - $2,416

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

Property Tax Rate
2.07%

Liquidity & Velocity

Median Days on Market
258
Sale-to-List Ratio
100.0%

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.


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.

Price YoY Trend
down
Market Temperature
neutral
Rent YoY Trend
down
Interest Rate Pressure
moderate

Key Findings

  1. The median sold price of $723,235 indicates a stable market despite a slight year-over-year decline.

  2. Elevated inventory levels suggest excess supply relative to sales activity, contributing to a median days on market of 258.

  3. The median listing price of $807,450 shows a significant gap compared to sold prices, indicating potential pricing friction in the market.

  4. Rental prices are down year-over-year, which may influence buyer sentiment and market dynamics.

  5. Current market conditions are characterized by moderate interest rate pressure, suggesting a cautious approach from potential buyers.


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.

Recent Transactions

2603 Pegram Ave, Austin, TX 78757
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

4 beds
2 baths
2,395 sqft
$1,320,670
Nov 1, 2025
$551/sqft/sqft
3008 W Terrace Dr, Austin, TX 78757
Quick Flip

Sold below market average

- beds
4 baths
3,197 sqft
$1,144,520
Nov 1, 2025
$358/sqft/sqft
2701 Pinewood Ter, Austin, TX 78757
Market Benchmark

Sold at market average

3 beds
2 baths
2,419 sqft
$1,100,000
Nov 1, 2025
$455/sqft/sqft
196 days on market
6700 Vine St, Austin, TX 78757
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds
1.75 baths
1,843 sqft
$795,000
Oct 1, 2025
$431/sqft/sqft
184 days on market
1103 Alegria Rd, Austin, TX 78757
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds
2 baths
1,350 sqft
$749,000
Nov 1, 2025
$555/sqft/sqft
182 days on market
7514 Saint Louis St, Austin, TX 78757
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

4 beds
1 baths
1,320 sqft
$729,669
Nov 1, 2025
$553/sqft/sqft
8411 Kimble Cv, Austin, TX 78757
Quick Flip

Sold below market average

3 beds
1.5 baths
1,059 sqft
$335,000
Nov 1, 2025
$316/sqft/sqft
198 days on market
1009 Alegria Rd, Austin, TX 78757
Quick Flip

Sold below market average

3 beds
1.5 baths
1,323 sqft
$3,250
Oct 1, 2025
$2/sqft/sqft
126 days on market

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 4/1/2026

GemHaus

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