Market Intelligence · TX / Austin

Austin, TX 78701 Housing Market

The typical home value in Austin's 78701 ZIP code is $660,440, down 3.0% over the past year. The median list price stands at $664,975, with homes taking 96 days on the market as of August 2026.

Updated August 2026Median value$652K

The median home value in Austin, TX 78701 is $652K as of August 2026, down 2.7% 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

$600K to $704K

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

-2.7% over 12 months

Typical home value in 78701 over the last 12 months: $670K in Aug 2025 to $652K in Aug 2026 (-2.7%).

Aug 2025$670K

Aug 2026$652K

The numbers

What is the 78701 housing market like?

Typical home value

$652K

Down2.7%YoY

Median list price

$665K

Up0.4%MoM

Days on market

96

Up2.1%MoM

Homes for sale

234

Up4.5%MoM

Price cuts

12.0%

Down17.8%MoM

New listings

32

Up60.0%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 78701 home prices compare?

  • 78701$652,095
  • Austin$560,936
  • Texas$262,445
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Austin: 42 ZIPs; Texas: 1,512 ZIPs; United States: 26,265 ZIPs).

Context

There are 234 homes for sale in 78701, with 32 new listings recently added to the market. The median days on market of 96 suggests a slower sales pace than recent years. About 12.0% of listings have received price cuts, indicating some sellers are adjusting expectations. With values declining over the past year, this is a buyer's market. Sellers should be realistic about pricing and prepared for a longer time on market.

Monthly payment

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20% · $130,419

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Around 78701.

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