Austin, TX 78758 Real Estate Market Report

ZIP Code: 78758
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: 78758) reflects a median sold price of $458,500, indicating a significant gap from the median listing price of $339,450. This disparity suggests that sellers may need to adjust their expectations to align with current buyer sentiment, particularly as the market has experienced a down trend in prices year-over-year. The neighborhood has decreased 8% since 2022, highlighting the ongoing price corrections following previous peaks.

The market appears to be experiencing elevated inventory levels relative to sales activity, with median days on market stretching to 265 days. This extended period indicates a slower sales velocity, which may be attributed to the neutral market temperature and moderate interest rate pressure. While the luxury segment remains competitive, the overall environment favors buyers, with rental prices also trending down due to increased vacancy rates, suggesting a shift in market dynamics.

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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 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 market around 5.75% are notably lower than the national average of 6.18% seen in early 2026, presenting a cost-saving opportunity for property owners.

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 $458,500 indicates a significant gap from the median listing price of $339,450, suggesting potential pricing friction for sellers.

2. With median days on market at 265, the market is experiencing a slower sales velocity, which may indicate a need for sellers to adjust their pricing strategies.

3. The market has seen a down trend in prices year-over-year, reflecting a 8% decrease since 2022, which may further influence buyer behavior and expectations.

4. Elevated inventory levels suggest excess supply relative to sales activity, creating a more favorable environment for buyers in the current market.

5. Rental prices are also trending down, indicating increased vacancy and a potential shift in demand dynamics within the rental market.

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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.