Market Intelligence · TX / Austin

Austin, TX 78738 Housing Market

The typical home value in Austin's 78738 ZIP code is $846,276, down 1.5% over the past year. Homes are listing at a median price of $999,000 and spending a median of 76 days on the market.

Updated August 2026Median value$841K

The median home value in Austin, TX 78738 is $841K as of August 2026, down 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.

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Typical 78738 range

$774K to $909K

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

-0.5% over 12 months

Typical home value in 78738 over the last 12 months: $846K in Aug 2025 to $841K in Aug 2026 (-0.5%).

Aug 2025$846K

Aug 2026$841K

The numbers

What is the 78738 housing market like?

Typical home value

$841K

Down0.5%YoY

Median list price

$999K

Up0.2%MoM

Days on market

76

Up13.4%MoM

Homes for sale

239

Down8.8%MoM

Price cuts

24.9%

Down12.0%MoM

New listings

48

Down25.0%MoM

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

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The comparison

How do 78738 home prices compare?

  • 78738$841,405
  • 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 239 homes for sale as of August 2026, with 48 new listings entering the market recently. About 24.9% of listings have seen a price cut, suggesting sellers are adjusting expectations in a slower market. The gap between typical home value and median list price reflects varied property types across the area. For homeowners considering a sale, this is a buyer-favorable environment where patience and pricing strategy matter significantly.

Monthly payment

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