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Market Snapshot

Median listing price
$650K

The median listing price in Austin, TX ZIP 78757 is $650,000 as of June 2026.

Median rent
$1,795/mo

The median market rent in Austin, TX ZIP 78757 is $1,795/month as of June 2026.

Days on market
125 days

The median days on market in Austin, TX ZIP 78757 is 125 days as of June 2026. The market is currently neutral.

Gross rental yield
3.31%

At a median list price of $650,000 and a median rent of $1,795/month, the gross rental yield in Austin, TX ZIP 78757 is 3.31% as of June 2026.

STR vs LTR
$2,262/mo STR · $1,795/mo LTR

In Austin, TX ZIP 78757, median Airbnb revenue is $2,262/month compared to median long-term rent of $1,795/month as of June 2026.

Austin, TX 78757 Real Estate Market Report

ZIP Code: 78757

Report Date: June 2026

Market Temperature:
NEUTRAL

Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


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
12 Months
Total Properties Analyzed
106
Active Listings
104
Sold Properties
2

Market Metrics

Median Listing Price
$650,000
Median Sold Price
$219,972
Median Price per Sqft
$393/sqft

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
$1,795

Property Taxes

Property Tax Rate
1.42%

Liquidity & Velocity

Median Days on Market
125

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
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Austin are approximately 6.65%, which is 1.05% higher than the 5.60% rates observed earlier in 2026.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.


Key Findings

  1. median sold price is not provided in the supplied metrics; because median sold price is the primary indicator of realized market value and recent transaction activity, its absence limits firm conclusions about recent sale-level pricing and requires reliance on listing-side and trend signals instead. data gap
  2. median listing price is 650,000, while the market shows down price momentum year-over-year; combined with elevated inventory relative to sales activity, this suggests sellers may need to align expectations with recent transaction values and/or extend listing timeframes to achieve sales.
  3. median days on market is 125, which indicates slower sales velocity and greater pricing friction; in this environment, consider staged price adjustments, targeted marketing, or selective incentives to accelerate transactions.
  4. Rental and financing context is weighing on demand: median market rent is 1,795 and rent year-over-year trend is down, while interest rate pressure is elevated — note that current 30-year fixed mortgage rates are reported at 6.65%, which is 1.05% higher than 5.60% earlier in 2026; these factors may constrain buyer affordability and extend time-to-sale.

Notable Properties

The following 3 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

8503 Stillwood Ln, Austin, TX 78757
Top Sale

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

3 beds1 baths1,627 sqft
$331,000
Nov 1, 2025
$203/sqft/sqft
425 days on market
8611 Putnam Dr # C, Austin, TX 78757
Market Benchmark

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

- beds2 baths1,024 sqft
$202,500
Mar 1, 2026
$198/sqft/sqft
8611 Putnam Dr # C, Austin, TX 78757
Market Benchmark

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

- beds2 baths1,024 sqft
$202,500
Mar 1, 2026
$198/sqft/sqft

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

$355/mo
78757 Avg Rent
78757 Cost to Own
Rent$1,795
Own$1,440

20% down, 6.53% rate, 1.4% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

78757 Avg nightly rate
78757 Avg occupancy (days/year)
Nightly rate$185/night
Occupancy127 of 365 days

Data Sources

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

Report generated: 6/1/2026

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