Market Intelligence · TX / Austin

Austin, TX 78702 Housing Market

The typical home value in 78702 is $556,037, down 4.9% over the past year. The median list price stands at $665,000, with homes spending a median of 75 days on market as of August 2026.

Updated August 2026Median value$548K

The median home value in Austin, TX 78702 is $548K as of August 2026, down 4.5% 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 78702 range

$504K to $592K

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

-4.5% over 12 months

Typical home value in 78702 over the last 12 months: $574K in Aug 2025 to $548K in Aug 2026 (-4.5%).

Aug 2025$574K

Aug 2026$548K

The numbers

What is the 78702 housing market like?

Typical home value

$548K

Down4.5%YoY

Median list price

$665K

Down1.8%MoM

Days on market

75

Up1.4%MoM

Homes for sale

234

Up1.7%MoM

Price cuts

21.4%

Down15.1%MoM

New listings

44

Up4.8%MoM

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

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The comparison

How do 78702 home prices compare?

  • 78702$547,819
  • 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

Austin's 78702 ZIP has 234 homes for sale with 44 new listings as of August 2026. The median days on market of 75 suggests homes are taking longer to move than in a faster market. With 21.4% of listings carrying a price cut, sellers are adjusting to weaker demand. The decline in typical home value over the past year underscores that this is a buyer-favorable period. If you are considering selling, expect a slower pace and less negotiating room than prior years.

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