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 2 of 102 active homes in 78731.

4324 Far West BLVD
Motivated SellerEstimated by HomeLocating
$1,125,000

4324 Far West BLVD, Austin TX 78731

MLS #220051970 · Select Austin Real Estate · Paul Greenway

4 bd·3 ba·3,013 sqft
5403 Ridge Oak DR
Motivated SellerEstimated by HomeLocating
$3,175,000

5403 Ridge Oak DR, Austin TX 78731

MLS #243954704 · Kuper Sotheby's Int'l Realty · Bridget Ramey

6 bd·4 ba·4,224 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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