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Market Intelligence · TX / Austin

Austin, TX 78747 Housing Market

The typical home value in Austin, TX 78747 is $345,836 as of September 2026, down 6.4% over the past year. Sellers are listing at a median of $354,245, and homes are taking a median of 85 days to go under contract.

Updated September 2026Median value$346K

The median home value in Austin, TX 78747 is $346K as of September 2026, down 6.4% 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 78747 range

$318K to $374K

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

-6.4% over 12 months

Typical home value in 78747 over the last 12 months: $369K in Sep 2025 to $346K in Sep 2026 (-6.4%).

Sep 2025$369K

Sep 2026$346K

The numbers

What is the 78747 housing market like?

Typical home value

$346K

Down6.4%YoY

Median list price

$354K

Down2.4%MoM

Days on market

85

Up10.4%MoM

Homes for sale

123

Up0.8%MoM

Price cuts

25.2%

Up11.7%MoM

New listings

30

Up7.1%MoM

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

The outlook

78747 housing market forecast 2027

-2.3%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 78747 to fall 2.3% by September 2027.

Over the 12 months through September 2026, typical home values in 78747 fell 6.4%, per the Zillow Home Value Index.

Will home prices drop in 78747?

Zillow's forecast says they may: it expects typical home values in 78747 to fall 2.3% by September 2027, after a 6.4% 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 78747 home prices compare?

  • 78747$345,836
  • 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

There were 123 homes for sale in 78747 as of September 2026, with 30 new listings added that month. The median list price sat at $354,245, slightly above the typical home value of $345,836. That value is down 6.4% over the past year, and 25.2% of active listings had taken a price cut. With a median of 85 days on market, buyers have time to negotiate. For a seller, this is a softening market where realistic pricing matters more than testing the high end.

Monthly payment

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20% · $69,167

Neighborhood

Around 78747.

Local headlines

Common questions

What people ask us.

How much is a home in 78747 worth?

The typical home value in 78747 is $345,836 as of September 2026, down 6.4% over the past year.

How long does it take to sell a home in 78747?

Homes in 78747 spent a median of 85 days on market as of September 2026.

Are sellers in 78747 cutting prices?

Yes. 25.2% of active listings in 78747 had a price cut as of September 2026.

Discover

Nearby ZIP markets.

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Guides for sellers.