Round Rock, TX 78664 Real Estate Market Report

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

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

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

Key Findings

1. The neighborhood's median sold price is 355,394, which should be treated as the primary indicator of recent market value and transaction activity; this level, when compared to the median listing price of 382,490, suggests sellers are asking above recent realized prices and that there is a pricing gap that may pressure negotiations.
2. Liquidity appears muted: the market shows a median days on market of 250, which indicates slower sales velocity and elevated time-to-contract, consistent with the market temperature being reported as cold.
3. Price direction and rental performance are both soft: the price year-over-year trend is down and the rent year-over-year trend is down, signaling broad downward pressure on both sale prices and rents and weaker near-term appreciation.
4. Macro headwinds persist: interest rate pressure is elevated and local 30-year fixed mortgage rates average approximately 6.44%, which, combined with the median price per square foot of 193 and median market rent of 1,875, suggests financing costs are a significant constraint on buyer affordability and may prolong the current market softness.

Notable Properties

The following 6 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.