The story of this market
The typical home in ZIP 78727 sells for about $500,000, or $305 per square foot.
Prices are down 3.2% from a year ago, which gives buyers more room to negotiate. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $2,218 a month.
ZIP 78727 — Austin
The 78727 housing market is currently experiencing a period of price stabilization following a cooling trend in the broader Austin metro area. Inventory remains relatively tight, which is supporting current price levels despite higher interest rates. Demand is driven by the area's proximity to major tech employers and its relative affordability compared to central Austin.
This ZIP is ideal for tech-sector commuters and young professionals who value proximity to North Austin employment hubs and the Domain. It also attracts renters seeking a balance between suburban space and urban accessibility.
Median prices moved down 3.2% year over year.
Homes spend a median of 45 days on market with 3.8 months of supply — a fast-moving market.
22% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.1% · poverty 7.8% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 78727, Travis County TX
Crime rates in the 78727 area are generally considered moderate, with property crime being the primary concern compared to violent crime. The area experiences trends consistent with broader North Austin suburban patterns.
Schools serving the area are primarily part of the Austin Independent School District, with performance ratings varying by campus; many residents seek out specific magnet or specialized programs within the district.
The area is subject to standard North Texas climate risks, including potential for severe thunderstorms and occasional flash flooding in low-lying zones. Property insurance premiums have seen upward pressure due to regional hail and wind risk.
The area benefits from its proximity to the North Austin tech corridor, including major employers like Apple and various semiconductor firms. Infrastructure development is focused on managing traffic flow along the Parmer Lane and Mopac corridors.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Texas) — Senior (65+) and Disabled Homestead Exemption and School Tax Ceiling: Grants an additional mandatory $10,000 exemption from ISD appraised value (Taxable Value_ISD = Appraised Value - $100,000 - $10,000) and establishes an absolute statutory tax freeze (school tax ceiling): total ISD property taxes cannot exceed the dollar ceiling established in the… State (Texas) — General Residence Homestead Exemption and 10% Valuation Growth Cap: Imposes mandatory state-level valuation deductions and growth limitations on the qualifying homestead: (1) Mandates a $100,000 deduction from appraised value for independent school district (ISD) maintenance and operations/debt taxation: Taxable Value_ISD = Appraised Value - $100… State (Texas) — Ad Valorem Real Property Taxation and Assessment Ratio: Mandates ad valorem appraisal of all real property at 100% of fair market value as of January 1 each tax year (Assessment Ratio = 1.00).
Residents benefit from direct access to the Parmer Lane and Mopac Expressway (Loop 1) corridors, providing relatively efficient transit to the Domain and downtown Austin employment hubs.
The area features access to Walnut Creek Metropolitan Park, which offers extensive hiking and biking trails. Shopping and dining are concentrated along the Parmer Lane corridor and nearby Domain district.
The rental market is deep with a high concentration of multi-family apartment complexes, leading to competitive pricing and moderate vacancy pressure. Short-term rental activity is regulated by city ordinances.
The economy is anchored by the technology and semiconductor sectors, with significant presence from major employers in the North Austin corridor. The area serves as a residential base for a highly skilled workforce.
The area is served by major arterial roads including Parmer Lane and Mopac Expressway, with limited public transit connectivity via Capital Metro bus routes.
Development is focused on densification along major transit corridors and the continued expansion of tech-oriented office space.
The Travis Central Appraisal District performs annual market value assessments for all residential and commercial properties.
Parcels are subject to taxes from the City of Austin, Austin ISD, Travis County, and the Austin Community College District.
Property insurance market is characterized by rising premiums due to regional exposure to hail, wind, and wildfire risks.
Texas continues to see strong net domestic migration, with the Austin metro area remaining a primary destination for corporate relocations.
Texas is a non-judicial foreclosure state, allowing for relatively expedited processes under the deed of trust.
Sellers are required to provide a standard Seller's Disclosure Notice detailing the condition of the property.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Kalahari Indoor Water Park4.47.8 mi
- Cidercade Austin4.412.5 mi
- Austin’s4.13.6 mi
- Austin Aquarium44.8 mi
- Museum of Illusions Austin4.52.6 mi
- Moody Center4.410.5 mi
- The Oasis On Lake Travis4.29.7 mi
- Mozart's Coffee Roasters4.510.3 mi
- H-E-B Center at Cedar Park4.59.8 mi
- Alamo Drafthouse Cinema South Lamar4.512.5 mi
- Texas Capitol4.711 mi
- Zilker Metropolitan Park4.811.9 mi
- Mozart's Coffee Roasters4.510.3 mi
- Cinemark Pflugerville 20 and XD4.53.2 mi
- Alamo Drafthouse Cinema South Lamar4.512.5 mi
- Texas Capitol4.711 mi
- Palmer Events Center4.512.1 mi
- Bullock Texas State History Museum4.710.6 mi
- Thinkery4.69.3 mi
- Blanton Museum of Art4.710.6 mi
- Zilker Metropolitan Park4.811.9 mi
- Pease District Park4.810.7 mi
- Mueller Lake Park4.79.4 mi
- Zilker Botanical Garden4.611.7 mi
- Emma Long Metropolitan Park4.610.5 mi
- Topgolf Austin4.42.4 mi
- Avery Ranch Golf Club3.96 mi
- Morris Williams Golf Course4.19.9 mi
- Butler Pitch & Putt4.512 mi
- Teravista Golf Club3.710 mi
- Round Rock Premium Outlets4.49.4 mi
- The Domain4.62.2 mi
- Lakeline Mall4.26.1 mi
- Domain NORTHSIDE4.62.1 mi
- H-E-B4.510.9 mi
- Austin-Bergstrom International Airport4.116.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Large municipal park with extensive hike and bike trails.
Major mixed-use retail and entertainment district located just south of the ZIP.
Local campus providing educational and community resources.
Key-figure check: median price diverges 11.5% from the nearest retained anchor (prior refresh cycle) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Validation: the flagged $442,368 (-11.5% vs the prior refresh cycle) failed independent re-validation and was reverted to the prior cycle value; the case is under review in the Command Center.