August home prices in multiple Central Austin ZIP codes increased with homes in 78752 seeing the biggest jump at 38.27% year over year, according to data from the Austin Board of Realtors.
However, there was also a decrease in August home prices in some ZIP codes, including 78701, which dropped by nearly 35%.
Seven ZIP codes in the market also saw more home sales in August compared to last year, while 78751 remained consistent with 15 home sold in both August 2022 and August 2023.
Overall, homes stayed on the Central Austin market in August for at least a month. Last August, homes averaged three weeks on the market.