A couple of ZIP codes in Northwest Austin, as defined by the six-ZIP code area in Community Impact Newspaper’s distribution area, are experiencing substantial year-over-year home price increases, according to February market data from the Austin Board of Realtors.
The 78750 ZIP code saw its median home price increase by more than 10% compared to February 2019, the data shows. The median home price in that area now stands at $365,000. Similarly, the 78729 ZIP code experienced a median home price increase of 9% from February 2019, up to $332,500.
Not all ZIP codes saw a year-over-year increase in median home prices, however. In the 78727 ZIP code, the median home price dropped to $330,550, a 5.91% decline from February 2019.