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Market Intelligence · TX / Austin

Austin, TX 78738 Housing Market

The typical home value in Austin, TX 78738 is $839,927, up 0.3% over the past year as of September 2026. The median list price is $1,019,250, and homes are taking a median of 86 days to sell.

Updated September 2026Median value$840K

The median home value in Austin, TX 78738 is $840K as of September 2026, up 0.3% 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.

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Typical 78738 range

$773K to $907K

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

+0.3% over 12 months

Typical home value in 78738 over the last 12 months: $837K in Sep 2025 to $840K in Sep 2026 (+0.3%).

Sep 2025$837K

Sep 2026$840K

The numbers

What is the 78738 housing market like?

Typical home value

$840K

Up0.3%YoY

Median list price

$1.02M

Up2.0%MoM

Days on market

86

Up13.2%MoM

Homes for sale

223

Down6.7%MoM

Price cuts

25.3%

Up1.5%MoM

New listings

48

Flat0.0%MoM

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

The outlook

78738 housing market forecast 2027

-1.7%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 78738 to fall 1.7% by September 2027.

Over the 12 months through September 2026, typical home values in 78738 rose 0.3%, per the Zillow Home Value Index.

Will home prices drop in 78738?

Zillow's forecast says they may: it expects typical home values in 78738 to fall 1.7% by September 2027, after a 0.3% rise 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 78738 home prices compare?

  • 78738$839,927
  • 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, there are 223 homes for sale in 78738, with 48 new listings hitting the market. The median list price is $1,019,250, while the typical home value is $839,927, up just 0.3% over the past year. Homes are sitting for a median of 86 days, and 25.3% of listings have taken a price cut. Buyers have room to negotiate here. If you are thinking about selling, realistic pricing from the start matters more than testing the market.

Monthly payment

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20% · $167,985

Neighborhood

Around 78738.

Local headlines

Common questions

What people ask us.

How much is a home in 78738 worth?

The typical home value in Austin, TX 78738 is $839,927, up 0.3% over the past year as of September 2026. The median list price is $1,019,250.

How long does it take to sell a home in 78738?

Homes in 78738 are taking a median of 86 days to sell as of September 2026.

Are sellers in 78738 cutting prices?

Yes. As of September 2026, 25.3% of listings in 78738 have had a price cut, with 223 homes on the market.

Discover

Nearby ZIP markets.

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