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Austin, TX 78759 Real Estate Market Report

ZIP Code: 78759
Report Date: April 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
129
Active Listings
100
Sold Properties
29

Market Metrics

Median Listing Price
$659,000
Median Sold Price
$730,000
Median Price per Sqft
$341/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
$2,660

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
228
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
elevated

Key Findings

  1. The median sold price of $730,000 indicates a market that has experienced price adjustments, suggesting down trends in property values.

  2. Properties are spending a median of 228 days on market, which reflects a slower sales velocity and may indicate a shift in buyer engagement.

  3. The median listing price stands at $659,000, revealing a significant gap from the sold prices, which may create pricing friction for sellers.

  4. With elevated inventory levels, the market is experiencing excess supply relative to sales activity, which could pressure prices further.

  5. The median market rent is $2,660, which is also on a down trend, indicating a cooling rental market amid increased construction.


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

8714 Ridgehill Dr, Austin, TX 78759
Top Sale

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

- beds
2.5 baths
2,933 sqft
$1,612,000
Oct 1, 2025
$550/sqft/sqft
5609 Barker Ridge Dr, Austin, TX 78759
Premium

Sold above market average

4 beds
2.5 baths
2,374 sqft
$1,275,000
Nov 1, 2025
$537/sqft/sqft
173 days on market
8808 Wildridge Dr, Austin, TX 78759
Premium

Sold above market average

- beds
1.75 baths
1,929 sqft
$1,078,000
Oct 1, 2025
$559/sqft/sqft
3729 Cima Serena Dr, Austin, TX 78759
Market Benchmark

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

3 beds
2 baths
1,793 sqft
$699,000
Nov 1, 2025
$390/sqft/sqft
244 days on market
4702 Wind River Rd, Austin, TX 78759
Market Benchmark

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

- beds
2 baths
1,921 sqft
$663,000
Oct 1, 2025
$345/sqft/sqft
4503 Alamosa Dr, Austin, TX 78759
Market Benchmark

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

4 beds
2 baths
2,206 sqft
$623,000
Oct 1, 2025
$282/sqft/sqft
4827 Gerona Dr, Austin, TX 78759
Quick Flip

Sold below market average

3 beds
2 baths
1,742 sqft
$3,600
Feb 1, 2026
$2/sqft/sqft
91 days on market
8226 Summer Side Dr, Austin, TX 78759
Quick Flip

Sold below market average

2 beds
2 baths
1,674 sqft
$2,200
Oct 1, 2025
$1/sqft/sqft
257 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

-$2,503/mo
78759 Avg Rent
78759 Cost to Own
Rent$2,660
Own$5,163

20% down, 6.5% rate, 2.1% tax

Data Sources

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

Report generated: 4/1/2026

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