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Market Snapshot

Median listing price
$2.86M

The median listing price in Austin, TX ZIP 78746 is $2,857,500 as of June 2026.

Median rent
$2,500/mo

The median market rent in Austin, TX ZIP 78746 is $2,500/month as of June 2026.

Days on market
132 days

The median days on market in Austin, TX ZIP 78746 is 132 days as of June 2026. The market is currently neutral.

Gross rental yield
1.05%

At a median list price of $2,857,500 and a median rent of $2,500/month, the gross rental yield in Austin, TX ZIP 78746 is 1.05% as of June 2026.

STR vs LTR
$2,009/mo STR · $2,500/mo LTR

In Austin, TX ZIP 78746, median Airbnb revenue is $2,009/month compared to median long-term rent of $2,500/month as of June 2026.

Austin, TX 78746 Real Estate Market Report

ZIP Code: 78746

Report Date: June 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
12 Months
Total Properties Analyzed
114
Active Listings
112
Sold Properties
2

Market Metrics

Median Listing Price
$2,857,500
Median Sold Price
$2,590,524
Median Price per Sqft
$725/sqft

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
$2,500

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
0.95%

Liquidity & Velocity

Median Days on Market
132

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
up
Market Temperature
neutral
Rent YoY Trend
down
Interest Rate Pressure
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates for properties in Austin TX 78746 are 6.4% compared to 5.6% for typical loans originated in early 2026.

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


Key Findings

  1. median sold price is the primary indicator of market value and recent transaction activity; however, a median sold price is not provided in the available metrics, so recent transaction-based pricing cannot be stated numerically from this dataset.
  2. median listing price of $2,857,500 and a median price per square foot of $725 indicate strong nominal listing valuations in the submarket; up price year-over-year trend suggests sellers are maintaining higher listed premiums despite market frictions.
  3. The median days on market is 132, which points to slower sales velocity and suggests pricing friction or elongated negotiation windows; this, combined with elevated inventory relative to sales activity in the analyzed sample, appears to pressure transaction throughput while the market temperature remains neutral.
  4. Rental and financing pressure are meaningful headwinds: median market rent is $2,500 while rent year-over-year trend is down, and interest rate pressure is elevated; note the reported mortgage comparison: current 30-year fixed mortgage rates for properties in Austin TX 78746 are 6.4% compared to 5.6% for typical loans originated in early 2026, which may constrain buyer affordability and slow demand.

Notable Properties

The following 3 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

1403 Ridgecrest Dr, Austin, TX 78746
Top Sale

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

- beds1.75 baths1,842 sqft
$1,944,000
Mar 1, 2026
$1,055/sqft/sqft
312 Reveille Rd, West Lake Hills, TX 78746
Value

Sold below market average

- beds3 baths4,004 sqft
$422,344
Sep 1, 2025
$105/sqft/sqft
312 Reveille Rd, West Lake Hills, TX 78746
Value

Sold below market average

- beds3 baths4,004 sqft
$422,344
Sep 1, 2025
$105/sqft/sqft

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

-$13,448/mo
78746 Avg Rent
78746 Cost to Own
Rent$2,500
Own$15,948

20% down, 6.53% rate, 1.0% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

78746 Avg nightly rate
78746 Avg occupancy (days/year)
Nightly rate$219/night
Occupancy112 of 365 days

Data Sources

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

Report generated: 6/1/2026

GemHaus

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