Market Intelligence · TX / Austin

Austin, TX 78701 Housing Market

The typical home value in Austin's 78701 ZIP code is $653,491, down 3.2% over the past year. The median list price sits at $724,000, and homes are taking a median of 81 days on market to sell.

Updated June 2026Median value$653K

The median home value in Austin, TX 78701 is $653K as of June 2026, down 3.2% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 78701 range

$601K to $706K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-3.2% over 12 months

Typical home value in 78701 over the last 12 months: $675K in Jun 2025 to $653K in Jun 2026 (-3.2%).

Jun 2025$675K

Jun 2026$653K

The numbers

What is the 78701 housing market like?

Typical home value

$653K

Down3.2%YoY

Median list price

$724K

Days on market

81

Down34.9%MoM

Homes for sale

242

Price cuts

17.4%

New listings

48

Sources · Zillow ZHVI (June 2026) / Realtor.com (June 2026) / FRED (July 2026)

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The comparison

How do 78701 home prices compare?

  • 78701$653,491
  • Austin$578,862
  • Texas$263,300
  • United States$291,471

Median Zillow home value (ZHVI), as of June 2026. Comparison levels are medians across every ZIP code with Zillow data (Austin: 42 ZIPs; Texas: 1,512 ZIPs; United States: 26,270 ZIPs).

Context

Downtown Austin's 78701 has 242 homes for sale as of June 1, 2026, with 48 new listings added recently. The median days on market of 81 points to a slower pace, and 17.4% of listings have taken a price cut. The typical home value of $653,491 is down 3.2% over the past year, while the median list price stands at $724,000. For sellers, this is a market that rewards patience and realistic pricing rather than expectations of quick sales.

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