Market Intelligence · TX / Austin

Austin, TX 78703 Housing Market

The typical home value in Austin's 78703 ZIP is $1,315,141, up 1.5% over the past year. The median list price stands at $1,197,000, with homes spending a median of 88 days on market.

Updated August 2026Median value$1307K

The median home value in Austin, TX 78703 is $1.31M as of August 2026, up 2.6% 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 78703 range

$1.2M to $1.41M

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

+2.6% over 12 months

Typical home value in 78703 over the last 12 months: $1.27M in Aug 2025 to $1.31M in Aug 2026 (+2.6%).

Aug 2025$1.27M

Aug 2026$1.31M

The numbers

What is the 78703 housing market like?

Typical home value

$1.31M

Up2.6%YoY

Median list price

$1.2M

Down2.2%MoM

Days on market

88

Up4.8%MoM

Homes for sale

122

Up3.4%MoM

Price cuts

14.4%

Down32.4%MoM

New listings

32

Up45.5%MoM

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

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The comparison

How do 78703 home prices compare?

  • 78703$1,307,386
  • 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 currently 122 homes for sale in 78703, with 32 new listings as of August 2026. The median time on market of 88 days suggests a measured pace rather than a rapid turnover. About 14.4% of listings have seen price cuts, which is a signal that some sellers are adjusting expectations. Despite modest year-over-year appreciation, the market shows signs of patience. If you're considering selling, expect a longer marketing window and be prepared for possible negotiation.

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