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Market Snapshot

Median listing price
$416K

The median listing price in Austin, TX ZIP 78758 is $416,498.5 as of July 2026.

Median rent
$1,450/mo

The median market rent in Austin, TX ZIP 78758 is $1,450/month as of July 2026.

Days on market
99 days

The median days on market in Austin, TX ZIP 78758 is 99 days as of July 2026. The market is currently neutral.

Gross rental yield
4.18%

At a median list price of $416,498.5 and a median rent of $1,450/month, the gross rental yield in Austin, TX ZIP 78758 is 4.18% as of July 2026.

STR vs LTR
$2,099/mo STR · $1,450/mo LTR

In Austin, TX ZIP 78758, median Airbnb revenue is $2,099/month compared to median long-term rent of $1,450/month as of July 2026.

Austin, TX 78758 Real Estate Market Report

ZIP Code: 78758

Report Date: July 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
180 Days
Total Properties Analyzed
64
Active Listings
59
Sold Properties
5

Market Metrics

Median Listing Price
$416,499
Median Sold Price
$369,190
Median Price per Sqft
$279/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
$1,450

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
1.64%

Liquidity & Velocity

Median Days on Market
99
Sale-to-List Ratio
71.9%

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

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Austin 78758 are averaging approximately 6.5%, which remains elevated compared to earlier 2026 benchmarks and continues to impact borrowing costs for property owners in this market.

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


Key Findings

  1. The primary market-value indicator is the median sold price; recent transactions show a representative recent sale value of $369,190, so use the median sold price rather than asking prices when setting comps and making offers (representative recent sale).
  2. A long median days on market of 99 suggests slower transaction velocity and potential pricing friction in the sales process; this pace may indicate slower sales velocity even as the market normalizes.
  3. The median listing price of $416,499 compared with the median sold price of $369,190 indicates a gap between seller expectations and realized prices, which appears linked to excess supply relative to sales activity and may require sellers to price more competitively.
  4. Broader momentum signals show the price year-over-year trend is down, rent year-over-year trend is down, and market temperature is neutral; with interest rate pressure at moderate and Current 30-year fixed mortgage rates in Austin 78758 averaging approximately 6.5%, financing remains a headwind that may keep buyer activity cautious and support measured price stabilization.

Notable Properties

The following 7 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

1113 Plymouth Dr, Austin, TX 78758
Top Sale

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

3 beds1.75 baths1,325 sqft
$404,700
Jun 1, 2026
$305/sqft/sqft
470 days on market
2100 Pipers Field Dr # 5-38, Austin, TX 78758
Market Benchmark

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

- beds2 baths1,322 sqft
$387,018
Jan 1, 2026
$293/sqft/sqft
2100 Pipers Field Dr # 5-38, Austin, TX 78758
Market Benchmark

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

- beds2 baths1,322 sqft
$387,018
Jan 1, 2026
$293/sqft/sqft
10601 Cooper Hill Dr, Austin, TX 78758
Market Benchmark

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

- beds2 baths1,541 sqft
$332,831
Feb 1, 2026
$216/sqft/sqft
1017 Cripple Creek Dr, Austin, TX 78758
Market Benchmark

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

4 beds1.75 baths2,090 sqft
$324,500
Jun 1, 2026
$155/sqft/sqft
154 days on market
8400 Jamestown Dr Apt 204, Austin, TX 78758
Value

Sold below market average

2 beds2 baths968 sqft
$162,600
Jun 1, 2026
$168/sqft/sqft
7061 days on market
8400 Jamestown Dr Apt 204, Austin, TX 78758
Value

Sold below market average

2 beds2 baths968 sqft
$162,600
Jun 1, 2026
$168/sqft/sqft
7061 days on market

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

-$1,027/mo
78758 Avg Rent
78758 Cost to Own
Rent$1,450
Own$2,477

20% down, 6.49% rate, 1.6% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

78758 Avg nightly rate
78758 Avg occupancy (days/year)
Nightly rate$186/night
Occupancy252 of 365 days

Data Sources

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

Report generated: 7/10/2026

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