Market Intelligence · TX / Austin

Austin, TX 78748 Housing Market

Homes in 78748 have a typical value of $408,255, down 5.5% over the past year. The median list price stands at $419,500, with homes taking a median of 57 days to sell.

Updated August 2026Median value$408K

The median home value in Austin, TX 78748 is $408K as of August 2026, down 5.5% 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 78748 range

$376K to $441K

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

-5.5% over 12 months

Typical home value in 78748 over the last 12 months: $432K in Jul 2025 to $408K in Jul 2026 (-5.5%).

Jul 2025$432K

Jul 2026$408K

The numbers

What is the 78748 housing market like?

Typical home value

$408K

Down5.5%YoY

Median list price

$420K

Down1.3%MoM

Days on market

57

Up11.8%MoM

Homes for sale

172

Down1.1%MoM

Price cuts

37.3%

Up35.3%MoM

New listings

44

Down33.3%MoM

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

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The comparison

How do 78748 home prices compare?

  • 78748$408,255
  • 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

The 78748 market shows signs of cooling. There are 172 homes for sale as of August 2026, with 44 new listings added recently. The median days on market has stretched to 57, suggesting homes are taking longer to find buyers. Most notably, 37.3% of listings have seen price cuts, which aligns with the 5.5% decline in typical home values over the past year. If you're considering selling, expect a slower pace and be realistic about pricing.

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