๐Ÿ“Š Updated weekly with real market data ยท Last updated: March 12, 2026 ยท Powered by FarmPosts
Market Report

Austin, TX Real Estate Market

4-week rolling average ยท Data through March 12, 2026 ยท ZIP 78745

$515K
Median Sale Price
$475K
Median List Price
42
Days on Market
Median Rent
$2K/mo
Median rental listing price
Rental Inventory
643
Active rental listings
๐Ÿ’ก
Key Market Insight

The 78745 zip code in Austin, TX is showing a warm market with a competition score of 63, reflecting moderate but meaningful buyer demand. The median sale price of $515,000 sits above the median list price of $475,000, suggesting homes are regularly closing above asking price. With 518 active sale listings and 643 rental units available, both buyers and renters have reasonable options to explore in this market.

๐Ÿฆ
30-Year Fixed Rate
6.4%

Market Activity

Active Inventory518
Price per Sq Ft$344

By Bedroom

BedsSale PriceRent
1BR$296K$1K/mo
2BR$369K$2K/mo
3BR$485K$2K/mo
4BR$574K$3K/mo
5BR$460K$9K/mo
6BR$720K$2K/mo
8BR$535Kโ€”
Market Temperature
Buyer's MarketBalancedSeller's Market
๐ŸŒก๏ธ Warm โ€” Slight Seller Advantage

What This Means For You

๐Ÿ Sellers

Sellers in 78745 are in a strong position, as the median sale price of $515,000 exceeds the median list price of $475,000, pointing to favorable closing outcomes. That said, a median days on market of 42 days means accurate pricing from the start is essential to avoid an extended time on the market.

๐Ÿ”‘Buyers

Buyers in 78745 should anticipate homes closing above list price, with the median sale price running $40,000 higher than the median list price of $475,000. At a 30-year mortgage rate of 6.37% on a median sale price of $515,000, getting pre-approved and budgeting carefully before making offers is strongly advisable.

๐Ÿ“ˆInvestors

With a median rent of $1,740 and a median sale price of $515,000, investors should closely evaluate cash flow potential, as returns may be modest given the gap between purchase costs and rental income. The rental inventory of 643 units and a median price per square foot of $343.67 provide useful benchmarks for assessing acquisition costs against local rental demand.

๐ŸฆRates

The current 30-year mortgage rate of 6.37% and 15-year rate of 5.72% both carry significant weight when calculating monthly payments on a median-priced home of $515,000. Buyers who qualify for the 15-year term at 5.72% could realize substantial savings on total interest paid over the life of the loan.

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Data sources: Rentcast ยท Zillow ยท Federal Reserve (FRED)

Market intelligence by FarmPosts