Market Intelligence · TX / Austin

Austin, TX 78724 Housing Market

The typical home value in Austin's 78724 ZIP code is $316,113, down 6.7% over the past year. Homes list at a median price of $355,017 and spend 55 days on the market before selling. This suggests a cooling market where sellers should be realistic about pricing.

Updated August 2026Median value$313K

The median home value in Austin, TX 78724 is $313K as of August 2026, down 6.4% 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 78724 range

$288K to $338K

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

-6.4% over 12 months

Typical home value in 78724 over the last 12 months: $334K in Aug 2025 to $313K in Aug 2026 (-6.4%).

Aug 2025$334K

Aug 2026$313K

The numbers

What is the 78724 housing market like?

Typical home value

$313K

Down6.4%YoY

Median list price

$355K

Down6.0%MoM

Days on market

55

Down17.9%MoM

Homes for sale

91

Up7.1%MoM

Price cuts

34.9%

Down0.9%MoM

New listings

28

Up55.6%MoM

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

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The comparison

How do 78724 home prices compare?

  • 78724$312,704
  • 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 91 homes for sale as of August 2026, with 28 new listings entering the market. The median list price sits at $355,017, while the typical home value has declined 6.7% year over year. Homes are taking 55 days to sell on average. For sellers, the combination of a weakening value trend and moderate inventory means that pricing competitively and being prepared for a longer selling window is important.

Monthly payment

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