78731 Homes for Sale — Austin, TX

214

Active listings

$1,099,999.5

Median list price

$168,500–$9,925,000

Price range

78731 is a ZIP code in Austin, Texas. This page shows the current homes for sale in 78731 — 214 active listings right now, priced from $168,500–$9,925,000 with a median list price of $1,099,999.5 — built from live MLS data rather than a dated report, alongside the neighborhoods that make up the ZIP. Through HomeLocating, you can turn these numbers into a plan for a specific home in 78731 or a nearby ZIP in Austin.

Approximate 78731 boundary (U.S. Census ZCTA) — not an exact or official ZIP line.

Homes for Sale in 78731

Showing 25 of 102 active homes in 78731.

Price Cut

$1,675,000

5808 Tom Wooten CV, Austin TX 78731

MLS #246941145 · Moreland Properties · Andrew Ware

4 bd·3.5 ba·3,070 sqft

$650,000

6533 E Hill DR #5, Austin TX 78731

MLS #246892982 · Compass RE Texas, LLC · Ross Speed

2 bd·2.5 ba·1,773 sqft

$4,995,000

4514 Spanish Oak TRL, Austin TX 78731

MLS #246886544 · Kuper Sotheby's Int'l Realty · Brooke Mozersky

5 bd·4 ba·4,993 sqft

$9,925,000

3501 Mount Bonnell RD, Austin TX 78731

MLS #246874528 · Compass RE Texas, LLC · Robin Banister

5 bd·6 ba·5,851 sqft

$865,000

4515 Unity CIR, Austin TX 78731

MLS #246864514 · Gottesman Residential R.E. · Jennifer Welch

4 bd·3.5 ba·2,178 sqft

$2,399,990

4801 W Frances PL, Austin TX 78731

MLS #246769323 · Rose & Associates Properties · Sean Rose

5 bd·4 ba·3,638 sqft

$1,275,000

7101 Sungate DR, Austin TX 78731

MLS #246765528 · Compass RE Texas, LLC · Maggie Falvey

4 bd·2.5 ba·2,334 sqft

Price Cut

$1,449,500

7505 Stepdown CV, Austin TX 78731

MLS #246690364 · Compass RE Texas, LLC · Donna Shoemaker

4 bd·3 ba·3,756 sqft

$180,000

6804 N Capital Of Texas Highway #422, Austin TX 78731

MLS #246668816 · David Miyoshi · David Miyoshi

2 bd·2 ba·1,072 sqft

Price Cut

$899,000

2811 W Fresco DR, Austin TX 78731

MLS #246677562 · Douglas Elliman Real Estate · Emily Waldmann

4 bd·2.5 ba·2,109 sqft

$250,000

5326 Balcones DR #D, Austin TX 78731

MLS #246597477 · Real Estate Alliance, Inc. · Joe Bryson

2 bd·2 ba·992 sqft

Price Cut

$1,500,000

5000 Valburn CT, Austin TX 78731

MLS #246599475 · eXp Realty, LLC · Jonny Wells

4 bd·3 ba·3,849 sqft

Price Cut

$425,000

5512 Oakwood CV #162, Austin TX 78731

MLS #246490262 · Bramlett Partners · Breanna Almodovar

3 bd·2.5 ba·1,729 sqft

$2,200,000

3703 Hidden HOLW, Austin TX 78731

MLS #246492142 · Engel & Volkers Austin · Joshua Penhaskashi

4 bd·2.5 ba·2,279 sqft

Price Cut

$1,595,000

4014 Greystone DR, Austin TX 78731

MLS #246453204 · Ready Real Estate · Or Yochanan

5 bd·4 ba·3,484 sqft

$279,500

7122 Wood Hollow DR #71, Austin TX 78731

MLS #246417858 · Real Broker, LLC · ianofAustin Williams

2 bd·1.5 ba·1,158 sqft

$575,000

5701 Westslope DR #17, Austin TX 78731

MLS #246365108 · All City Real Estate Ltd. Co · Bethany Martin

2 bd·2.5 ba·1,350 sqft

Price Cut

$3,799,000

5605 CREEK MOUNTAIN, Austin TX 78731

MLS #246268592 · Kuper Sotheby's Int'l Realty · Bridget Ramey

5 bd·6 ba·5,624 sqft

Price Cut

$2,900,000

4905 Crestway DR, Austin TX 78731

MLS #246270659 · Compass RE Texas, LLC · Urvi Naik

4 bd·4 ba·4,206 sqft

$1,467,000

7704 Bramblewood CIR, Austin TX 78731

MLS #246287234 · Spectrum Realty Corp. · Charles Shierlow

4 bd·2.5 ba·2,934 sqft

Price Cut

$374,900

3609 Las Colinas DR #A, Austin TX 78731

MLS #246257117 · Keller Williams Realty The Woodlands · Parker Kink

3 bd·2.5 ba·1,311 sqft

$205,000

6910 Hart LN #403, Austin TX 78731

MLS #246220132 · ListingSpark · Edward Phuong

2 bd·2 ba·967 sqft

$5,800,000

3418 Mount Bonnell CIR, Austin TX 78731

MLS #246175650 · Compass RE Texas, LLC · Tina Hambly

4 bd·4 ba·4,266 sqft

Price Cut

$500,000

7924 Ridgeline N N, Austin TX 78731

MLS #246187713 · Sandy Goodwin & Company · Betty Wangler

3 bd·2 ba·1,887 sqft

Motivated Seller

$899,999

3510 Wendel CV #5, Austin TX 78731

MLS #246083502 · Compass RE Texas, LLC · Tiffany Grana

4 bd·3 ba·2,100 sqft

78731 Market Trends — July 2026

Market data: Unlock MLS — Central Texas ZIP Code Scorecard, July 2026. Closed-sale figures — distinct from the live-listing numbers above.

Median sale price

$1,060,000-23.9% YoY

Sales — July 2026

32+3.2% YoY

Dominant price band

$1,000,000 & over

17 sales · avg 22 days on market

Share of sales $500K+

87.5%

Communities & Neighborhoods in 78731

78731 sits within Austin, Texas. Based on our real listing history, its neighborhoods and communities include Highland Park West, Grove, The Grove, Northwest Hills Mesa Oaks Ph, Grove Master Condos, Highland Village Sec 02 Pt 02. The mix of neighborhoods inside a single ZIP can vary a lot in price and home type, so the median and range above are a starting point — the individual listings show what's actually available today.

Highland Park West
Grove
The Grove
Northwest Hills Mesa Oaks Ph
Grove Master Condos
Highland Village Sec 02 Pt 02
Highland Park West Condo Amd
Edgecliff NW Condo Amd
Edwards Mountain
Courtyard Ph 02
Northwest Hills
Las Colinas Amd
Cat Mountain Villas Sec 01
Shadow Oaks Twnhms
Shoal Village Sec 02
Chimney Oaks Twnhs
Imperial Condo
Ridgelea
Oakmont Heights
Highland Park
Northwest Hills Sec 07
Pointe 360 Condominiums
Northwest Hills Northwest Oaks
Rosedale
Vista Ridge Ph 04
Beverly Hill
Balcones Park Sec 08
Malaga Condo
Cat Mountain Villas
Cat Mountain Villas Sec 02

Schools

Homes in 78731 are served by Austin ISD, based on our real listing data.

Frequently Asked Questions

What's the median home price in 78731?

The current median list price in 78731 is $1,099,999.5, drawn from live MLS listings — half the active homes are priced above it and half below. It reflects what's on the market now; the figure updates as listings change.

How many homes are for sale in 78731?

There are currently 214 active homes for sale in 78731, from live MLS data — priced from $168,500–$9,925,000. Inventory updates as new homes list and others go under contract.

Is 78731 a good market right now?

That depends on the signals rather than a single label: 214 homes are currently for sale in 78731, and 35% of them have cut their price — a higher price-reduction share generally points to more buyer-friendly conditions, while a lower one points to a tighter market. This page shows the current indicators so you can judge for yourself; it isn't a forecast.

What neighborhoods are in 78731?

Based on our real listing history, 78731's neighborhoods include Highland Park West, Grove, The Grove, Northwest Hills Mesa Oaks Ph, Grove Master Condos, Highland Village Sec 02 Pt 02. Neighborhood boundaries can extend across ZIP lines, so this reflects what's actually listed here rather than an exhaustive map.

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