Live Oak, TX 78233 Real Estate Market Report

ZIP Code: 78233
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

---

Executive Overview

The housing market in Live Oak (ZIP: 78233) is currently characterized by a median sold price of $248,050, reflecting a decrease in prices year-over-year. This trend suggests a market that is adjusting to changing economic conditions, with buyers gaining more leverage as homes are taking longer to sell, averaging 175 days on market. The median listing price stands at $249,999.50, indicating a slight gap between seller expectations and actual market performance, which may contribute to pricing friction in negotiations.

With elevated inventory levels relative to sales activity, the market appears to be experiencing a slowdown in transaction volume. The overall market temperature is assessed as neutral, suggesting a balance between buyer and seller dynamics, but the elevated interest rate pressure may be influencing buyer sentiment and market liquidity. As interest rates trend downward, a potential uptick in sales activity is anticipated later in 2026, which could further impact pricing dynamics in the coming months.

---

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.

---

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.

---

Rental Market

---

Property Taxes

---

Liquidity & Velocity

---

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 near Live Oak TX are averaging 6.17% compared to the 2026 average of 6.83% when many recent loans originated.

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

---

Key Findings

1. The median sold price of $248,050 indicates a decrease in home values, reflecting ongoing market adjustments.

2. Homes are taking an average of 175 days on market, suggesting slower sales velocity and potential buyer hesitance.

3. The median listing price of $249,999.50 shows a slight gap from the sold price, indicating pricing friction in negotiations.

4. The market is experiencing elevated inventory levels, which may lead to excess supply relative to sales activity.

5. Despite the current challenges, a potential sales activity pick-up is expected later in 2026 as interest rates trend downward, which may improve market conditions.

---

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.