Market Intelligence · TX / Austin

Austin, TX 78705 Housing Market

The typical home value in 78705 is $330,339, down 4.8% over the past year. The median list price stands at $315,000, with homes spending a median of 101 days on the market.

Updated August 2026Median value$325K

The median home value in Austin, TX 78705 is $325K as of August 2026, down 5.2% 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.

Get a cash offer

Sell without the wait

Sell your Austin home for cash.

A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.

Typical 78705 range

$299K to $350K

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.

Track my home's value

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 78705 market stats. Unsubscribe anytime.

See how a cash offer works citywide: Sell your house fast in Austin, TX.

12-month value trend

-5.2% over 12 months

Typical home value in 78705 over the last 12 months: $342K in Aug 2025 to $325K in Aug 2026 (-5.2%).

Aug 2025$342K

Aug 2026$325K

The numbers

What is the 78705 housing market like?

Typical home value

$325K

Down5.2%YoY

Median list price

$315K

Up0.1%MoM

Days on market

101

Up26.3%MoM

Homes for sale

195

Down10.6%MoM

Price cuts

18.8%

Down5.5%MoM

New listings

12

Down33.3%MoM

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

Free home value report

See what your 78705 home is worth.

See your estimated value and a real cash offer, side by side. No obligation, about a minute.

The comparison

How do 78705 home prices compare?

  • 78705$324,507
  • 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 195 homes for sale in 78705 as of August 2026, with only 12 new listings recently added. The median time on market has extended to 101 days, suggesting buyers are taking longer to make decisions. Currently, 18.8% of listings have received a price cut. The combination of declining values and extended selling timelines indicates this is a buyer-favorable market where sellers should expect negotiation and realistic pricing.

Monthly payment

Estimate your monthly payment.

20% · $64,901

Neighborhood

Around 78705.

Common questions

What people ask us.

Discover

Nearby ZIP markets.

Keep reading

Guides for sellers.