Austin, TX 78746 Real Estate Market Report

ZIP Code: 78746
Report Date: May 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.

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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

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.

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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 the 78746 area are averaging approximately 6.46%, reflecting a stable market environment for property owners compared to earlier in 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 is the primary indicator of market value and recent transaction activity; median sold price is not available in the provided metrics, which may reflect the very limited recent sale sample size in the analyzed dataset and reduces direct evidence of realized pricing.

2. The median listing price 2,686,950 positions the local offering set at the high end of the market and may reflect seller expectations above recent transaction levels; pricing friction between ask and realized sale appears likely given weak recent sales evidence.

3. The median days on market 188 signals slower sales velocity and longer marketing times for listed properties, which, combined with elevated inventory relative to sales activity, suggests increased negotiation leverage for buyers and greater sensitivity to pricing and condition; down market pressure in sold-price trends supports a cautious pricing approach.

4. The median price per square foot 719 and median market rent 2,450 together describe a high-cost value profile with softening rental dynamics (rent year-over-year trend is down); moderate interest rate pressure and local 30-year fixed rates averaging approximately 6.46% further temper buyer capacity and may slow recovery in near-term demand.

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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.

Austin, TX 78746 Real Estate Market Report

ZIP Code: 78746
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.

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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

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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 the 78746 area are averaging approximately 6.46%, reflecting a stable market environment for property owners compared to earlier in 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 primary market-value indicator, median sold price, is unavailable in the provided metrics, so recent transaction-level pricing cannot be directly reported from the dataset; this absence suggests relying on available listing and market indicators to infer near-term trends rather than substituting an unprovided sold-price figure. contextual

2. Current seller expectations are anchored by a median listing price: $1,549,900, while pricing friction and slower turnover are indicated by a median days on market: 247 and a median price per square foot: $492, which together appear to reflect extended time-to-contract and a need for price concessions in some segments; this combination may indicate downward pressure on realized sale prices.

3. Broader trend signals show a price year-over-year trend: down and a market temperature: neutral, with interest costs exerting headwinds—Current 30-year fixed mortgage rates in the 78746 area are averaging approximately 6.46%, reflecting a stable market environment for property owners compared to earlier in 2026—which together suggest a balanced but softened market where pricing may stabilize before recovery. neutral

4. Rental conditions are weakening relative to recent periods: median market rent: $3,300 alongside a rent year-over-year trend: down, consistent with local reports of new supply cooling the rental market; investors should factor in softer rent growth when modeling near-term cashflow and hold-period sensitivity. down

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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.