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Market Intelligence · TX / Austin

Austin, TX 78703 Housing Market

The typical home value in Austin, TX 78703 is $1,298,250, up 3.6% over the past year as of September 2026. Homes carry a median list price of $1,325,495 and spend a median of 70 days on the market.

Updated September 2026Median value$1298K

The median home value in Austin, TX 78703 is $1.3M as of September 2026, up 3.6% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 78703 range

$1.19M to $1.4M

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

+3.6% over 12 months

Typical home value in 78703 over the last 12 months: $1.25M in Sep 2025 to $1.3M in Sep 2026 (+3.6%).

Sep 2025$1.25M

Sep 2026$1.3M

The numbers

What is the 78703 housing market like?

Typical home value

$1.3M

Up3.6%YoY

Median list price

$1.33M

Up10.7%MoM

Days on market

70

Down20.5%MoM

Homes for sale

128

Up4.9%MoM

Price cuts

16.3%

Up13.4%MoM

New listings

36

Up12.5%MoM

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

The outlook

78703 housing market forecast 2027

-1.3%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 78703 to fall 1.3% by September 2027.

Over the 12 months through September 2026, typical home values in 78703 rose 3.6%, per the Zillow Home Value Index.

Will home prices drop in 78703?

Zillow's forecast says they may: it expects typical home values in 78703 to fall 1.3% by September 2027, after a 3.6% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 78703 home prices compare?

  • 78703$1,298,250
  • Austin$552,932
  • Texas$258,447
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Austin: 42 ZIPs; Texas: 1,512 ZIPs; United States: 26,262 ZIPs).

Context

As of September 2026, 78703 has 128 homes for sale, with 36 new listings added. The median list price is $1,325,495, while the typical home value is $1,298,250 and up 3.6% over the past year. Homes take a median of 70 days to go under contract, and 16.3% of listings have taken a price cut. Values are still rising, but the pace of sales and the share of reductions suggest buyers have room to negotiate. A seller should price carefully from the start rather than test the market.

Monthly payment

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20% · $259,650

Neighborhood

Around 78703.

Local headlines

Common questions

What people ask us.

How much is a home in 78703 worth?

The typical home value in Austin, TX 78703 is $1,298,250 as of September 2026, up 3.6% over the past year. The median list price is $1,325,495.

How fast are homes selling in 78703?

Homes in 78703 spend a median of 70 days on the market as of September 2026. There were 128 homes for sale, with 36 new listings added.

Are sellers cutting prices in 78703?

Yes, 16.3% of listings in 78703 had a price cut as of September 2026. Even so, the typical home value of $1,298,250 is up 3.6% over the past year.

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