Market Intelligence · TX / Austin

Austin, TX 78728 Housing Market

The typical home value in Austin's 78728 ZIP code is $403,035, down 4.5% over the past year. The median list price sits at $439,400, with homes taking 59 days to sell on average.

Updated August 2026Median value$396K

The median home value in Austin, TX 78728 is $396K as of August 2026, down 4.3% 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 78728 range

$365K to $428K

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

-4.3% over 12 months

Typical home value in 78728 over the last 12 months: $414K in Aug 2025 to $396K in Aug 2026 (-4.3%).

Aug 2025$414K

Aug 2026$396K

The numbers

What is the 78728 housing market like?

Typical home value

$396K

Down4.3%YoY

Median list price

$439K

Down0.7%MoM

Days on market

59

Up7.3%MoM

Homes for sale

27

Flat0.0%MoM

Price cuts

21.1%

Down32.2%MoM

New listings

8

Flat0.0%MoM

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

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The comparison

How do 78728 home prices compare?

  • 78728$396,333
  • 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

With 27 homes for sale and 8 new listings as of August 2026, supply remains limited in this Austin area. The median time on market of 59 days suggests steady interest, though 21.1% of active listings have seen price cuts. The year-over-year value decline of 4.5% reflects softening conditions. For sellers, this is a market where pricing strategy matters more than timing.

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