Austin, TX 78758 Real Estate Market Report

ZIP Code: 78758
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The median sold price in Austin, TX (78758) currently stands at $450,500, reflecting a significant 8% decrease since 2022. This decline indicates a softening market, where buyers may find more favorable conditions compared to previous years. The elevated median listing price of $325,000 suggests a notable gap between seller expectations and actual transaction values, which could lead to pricing friction as the market adjusts to current conditions.

Market activity appears subdued, characterized by 259 days on market, indicating slower sales velocity. The inventory levels are elevated relative to sales activity, contributing to a buyer-leaning balance. While interest rates are moderating, they still exert moderate pressure on buyer confidence, influencing overall market dynamics. The local economy shows signs of stabilization, yet transaction volume remains lower than historical peaks, suggesting a cautious approach from potential buyers.

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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 Austin, TX are averaging 6.50% compared to approximately 6.12% in early 2026.

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 $450,500 indicates a 8% decrease since 2022, reflecting softening market conditions.

2. With a median days on market of 259, properties are experiencing slower sales velocity, which may impact buyer engagement.

3. The median listing price of $325,000 suggests a significant gap from the sold price, indicating potential pricing friction as sellers adjust expectations.

4. Elevated inventory levels relative to sales activity indicate excess supply in the market, contributing to a buyer-leaning balance.

5. The median market rent of $2,416 remains stable, but the downward trend in rent year-over-year may influence investment sentiment.

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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.