Updated May 2026 · Redfin · 3-month window
78723 Real Estate Market Update: Austin, TX, May 2026
The latest housing-market numbers for ZIP code 78723 in Austin, Texas, for May 2026, from the Redfin Data Center. ZIP-level figures are a rolling three-month window.
| Metric | Value | MoM | YoY |
|---|---|---|---|
| Median sale price | $600K | ▲ +1.7% | ▲ +0.3% |
| Days on market | 48 | ▼ -34.0% | ▼ -5.0% |
| Homes for sale | 192 | ▲ +5.5% | ▼ -0.5% |
| Sale-to-list | 98.1% | ▲ +0.4% | ▲ +0.2% |
| Homes sold | 118 | ▲ +8.3% | ▲ +11.3% |
Figures from the Redfin Data Center ZIP-code tracker (rolling 3-month window, not seasonally adjusted). Verify against your MLS before posting. Not a valuation for a specific home.
What the 78723 numbers say
The 78723 ZIP in Austin is leveling off. The median sale price is $600,000, roughly flat year over year. Pace is steady: a typical listing goes under contract in about 48 days, with sellers getting 98.1% of list price.
Based on 118 recent sales, 78723 is currently an active market.
What this means if you sell in 78723
Use these figures to set expectations early. Lead a listing appointment with the median price and the 48-day pace, show the year-over-year direction, and frame 78723 as an active market. Buyers and sellers trust an agent who knows their exact ZIP, not just the metro average.
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Build the Austin post →Frequently asked: the 78723 housing market
- What is the median home price in ZIP 78723 (Austin, TX)?
- As of May 2026, the median sale price in ZIP 78723 is $600,000 (+0.3% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
- Is ZIP 78723 a buyer's or seller's market right now?
- ZIP 78723 is currently an active market, based on a 98.1% sale-to-list ratio, about 48 days on market for May 2026.
- How long do homes take to sell in ZIP 78723?
- A typical listing in 78723 goes under contract in about 48 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
- Where does this 78723 market data come from?
- All figures come from the Redfin Data Center ZIP-code market tracker, a rolling 3-month window refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Redfin.
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Data: Redfin · Redfin Data Center (ZIP-code market tracker). Figures are a ZIP-level 3-month snapshot, not a valuation for a specific home.