Updated July 2026Zillowmonthly
78723 Real Estate Market Update: Austin, TX, July 2026
The latest housing-market numbers for ZIP code 78723 in Austin, Texas, for July 2026: a $551K median sale price, straight from Zillow Research. ZIP-level figures are monthly figures, smoothed over three months by Zillow.
| Metric | Value | MoM | YoY |
|---|---|---|---|
| Median sale price | $551K | ▲ +0.1% | ▲ +9.9% |
| Homes for sale | 214 | • 0.0% | ▲ +5.4% |
| New listings | 52 | ▼ -7.1% | ▲ +10.6% |
Figures from Zillow Research (monthly figures, smoothed over three months by Zillow). Verify against your MLS before posting. Not a valuation for a specific home.
What the 78723 numbers say
Prices in Austin's 78723 ZIP are still climbing. The median sale price reached $550,518, up 9.9% year over year. Sellers here are getting close to list price.
With 214 homes for sale and 52 new listings this month, 78723 is currently an active market.
What this means if you sell in 78723
Use these figures to set expectations early with each client. Lead a listing appointment with the $551K median price, show the year-over-year direction, and frame 78723 as an active market. A buyer or seller client trusts an agent who knows their exact ZIP, not just the metro average.
How we track the 78723 market
We built LOKAL to pull 78723's numbers straight from Zillow Research, so an agent and a client read from the same source. For July 2026 we recorded a $551K median sale price, +9.9% year over year and a +0.1% month-over-month move with 214 homes for sale. That compares with roughly $501K a year earlier, in 2025. We refresh every ZIP monthly from Zillow Research, which only publishes a smoothed median once a ZIP has enough transactions, so the median stays reliable instead of noisy. Both sources have published ZIP-level series for years, which is what lets us show month-over-month and year-over-year change here in 2026. LOKAL is independent and not affiliated with Zillow; always verify against your MLS before you publish.
ZIP-code areas follow U.S. Postal Service boundaries; for complementary demographics on 78723 (population, median household income, owner-occupancy), see the U.S. Census Bureau profile for this ZIP Code Tabulation Area. LOKAL covers price and pace; the Census covers who lives there.
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Build the 78723 post →Frequently asked: the 78723 housing market
- What is the median home price in ZIP 78723 (Austin, TX)?
- As of July 2026, the median sale price in ZIP 78723 is $550,518 (+9.9% year over year), per Zillow Research. Figures are monthly figures, smoothed over three months by Zillow for this ZIP code.
- Is ZIP 78723 a buyer's or seller's market right now?
- ZIP 78723 is currently an active market for July 2026.
- How long do homes take to sell in ZIP 78723?
- Zillow does not publish a days-on-market figure for 78723 this period. Verify pace against your local MLS.
- Where does this 78723 market data come from?
- All figures for 78723 come from Zillow Research: monthly figures, smoothed over three months by Zillow. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Zillow.
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Data credited to its source on every update. LOKAL is independent.
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Data from Zillow Research (ZIP-level market data, monthly figures, smoothed over three months by Zillow), not a valuation for a specific home.