Market Intelligence · TX / Austin

Austin, TX 78729 Housing Market

The typical home value in Austin's 78729 ZIP code is $419,878, down 3.6% over the past year as of September 2026. Homes are listed at a median of $427,500 and spend a median of 65 days on the market.

Updated September 2026Median value$420K

The median home value in Austin, TX 78729 is $420K as of September 2026, down 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.

Human help

Licensed pros in 78729.

Allen Shipman

Primary seat

Allen Shipman

Lic #571657 TX

Allen Shipman is the Broker/Owner of Shipman Partners, a family-owned Austin real estate team serving Central Texas since 2010. Alongside Melissa, a listing specialist with nearly 1,000 closings, and Sadie, a next-generation REALTOR®, Allen combines local expertise, data-driven pricing, skilled negotiation, and personal service. With 1,100+ successful transactions, the Shipman family helps homeowners understand what their home is truly worth and how to maximize its value when it’s time to sell.

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Typical 78729 range

$386K to $453K

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 78729 over the last 12 months: $436K in Sep 2025 to $420K in Sep 2026 (-3.6%).

Sep 2025$436K

Sep 2026$420K

The numbers

What is the 78729 housing market like?

Typical home value

$420K

Down3.6%YoY

Median list price

$428K

Down1.0%MoM

Days on market

65

Up6.6%MoM

Homes for sale

76

Up5.6%MoM

Price cuts

29.8%

Down28.3%MoM

New listings

22

Up10.0%MoM

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

The outlook

78729 housing market forecast 2027

-2.2%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 78729 to fall 2.2% by September 2027.

Over the 12 months through September 2026, typical home values in 78729 fell 3.6%, per the Zillow Home Value Index.

Will home prices drop in 78729?

Zillow's forecast says they may: it expects typical home values in 78729 to fall 2.2% by September 2027, after a 3.6% decline 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 78729 home prices compare?

  • 78729$419,878
  • 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, 78729 has 76 homes for sale, with 22 new listings coming to market that month. The median list price sits at $427,500, while the typical home value of $419,878 has slipped 3.6% over the past year. Homes take a median of 65 days to sell, and 29.8% of active listings have had a price cut. For a seller, that pattern points to a market where buyers have room to negotiate. Pricing realistically from the start matters more than it did a year ago.

Monthly payment

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20% · $83,976

Neighborhood

Around 78729.

Common questions

What people ask us.

How much is a home in 78729 worth?

The typical home value in 78729 is $419,878 as of September 2026, down 3.6% over the past year.

How long does it take to sell a home in 78729?

Homes in 78729 spend a median of 65 days on the market as of September 2026.

Are sellers in 78729 cutting prices?

Yes. As of September 2026, 29.8% of active listings in 78729 have had a price cut.

Discover

Nearby ZIP markets.

Keep reading

Guides for sellers.