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$1021K

The median home value in Austin, TX 78731 is $1.02M as of August 2026, up 1.8% 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 78731 range

$940K to $1.1M

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

+1.8% over 12 months

Typical home value in 78731 over the last 12 months: $1M in Aug 2025 to $1.02M in Aug 2026 (+1.8%).

Aug 2025$1M

Aug 2026$1.02M

The numbers

What is the 78731 housing market like?

Typical home value

$1.02M

Up1.8%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 (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 78731 home prices compare?

  • 78731$1,021,453
  • 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

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

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20% · $204,291

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Around 78731.

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