Market Intelligence · TX / Austin

Austin, TX 78731 Housing Market

The typical home value in Austin's 78731 ZIP is $1,035,664, up 0.5% over the past year. The median list price sits at $995,000, with homes taking a median 64 days to sell.

Updated August 2026Median value$1036K

The median home value in Austin, TX 78731 is $1.04M as of August 2026, up 0.5% 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 78731 range

$953K to $1.12M

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 78731 market stats. Unsubscribe anytime.

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

12-month value trend

+0.5% over 12 months

Typical home value in 78731 over the last 12 months: $1.03M in Jul 2025 to $1.04M in Jul 2026 (+0.5%).

Jul 2025$1.03M

Jul 2026$1.04M

The numbers

What is the 78731 housing market like?

Typical home value

$1.04M

Up0.5%YoY

Median list price

$995K

Down8.5%MoM

Days on market

64

Flat0.0%MoM

Homes for sale

112

Up5.7%MoM

Price cuts

16.6%

Down33.5%MoM

New listings

44

Up37.5%MoM

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

Free home value report

See what your 78731 home is worth.

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

The comparison

How do 78731 home prices compare?

  • 78731$1,035,664
  • Austin$570,854
  • Texas$261,753
  • United States$289,821

Median Zillow home value (ZHVI), as of July 2026. Comparison levels are medians across every ZIP code with Zillow data (Austin: 42 ZIPs; Texas: 1,512 ZIPs; United States: 26,266 ZIPs).

Context

Austin 78731 has 112 homes currently on the market, with 44 new listings added recently. The median time on market of 64 days suggests moderate buyer demand. About 16.6% of listings have seen a price cut, indicating some seller adjustments in the current environment. Inventory levels and days on market suggest a market where patience is necessary for both buyers and sellers.

Monthly payment

Estimate your monthly payment.

20% · $207,133

Neighborhood

Around 78731.

Common questions

What people ask us.

Discover

Nearby ZIP markets.

Keep reading

Guides for sellers.