Market Intelligence · TX / Austin

Austin, TX 78704 Housing Market

The typical home value in Austin's 78704 is $727,004, down 4.4% over the past year. The median list price is $822,100, and homes are taking a median of 65 days on market.

Updated June 2026Median value$727K

The median home value in Austin, TX 78704 is $727K as of June 2026, down 4.4% 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 78704 range

$669K to $785K

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

-4.4% over 12 months

Typical home value in 78704 over the last 12 months: $760K in Jun 2025 to $727K in Jun 2026 (-4.4%).

Jun 2025$760K

Jun 2026$727K

The numbers

What is the 78704 housing market like?

Typical home value

$727K

Down4.4%YoY

Median list price

$822K

Days on market

65

Up6.6%MoM

Homes for sale

376

Price cuts

28.2%

New listings

98

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

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The comparison

How do 78704 home prices compare?

  • 78704$727,004
  • 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

As of June 1, 2026, there are 376 homes for sale in 78704, with 98 new listings added. The median list price sits at $822,100, while the typical home value is $727,004, down 4.4% over the past year. Homes are taking a median of 65 days to sell, and 28.2% of listings have had a price cut. Sellers should expect a slower market and price carefully to match what buyers are willing to pay.

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