Market Overview for Zip Code 78748
There are 130 active listings in Zip Code 78748 with a median list price of $418K and a median sold price of $412K.
Homes average 62 days on market.
Over the past 30 days, 42 homes have sold, with 490 sales in the past 12 months.
The average price per square foot is $258.
About Zip Code 78748
Zip code 78748 covers a well-established section of south Austin between William Cannon Drive to the north and Slaughter Lane to the south, roughly bounded by I-35 on the east and MoPac (Loop 1) on the west. The area includes the neighborhoods of Shady Hollow, Bauerle Ranch, Westgate, Maple Run, and portions of Sendera. This zip code developed primarily during the 1980s and 1990s housing boom, and its tree-lined streets and mature landscaping distinguish it from newer subdivisions farther south. Onion Creek runs through the eastern sections, creating natural greenbelts and flood-prone areas that were notably impacted during the 2013 and 2015 floods.
Real estate in 78748 is predominantly single-family homes in established subdivisions. Prices in Shady Hollow, a gated community of approximately 2,400 homes with a community pool, tennis courts, and golf course, range from $400K to $700K depending on lot size and renovation status. Bauerle Ranch homes, built in the mid-2000s, typically list from $380K to $550K. Westgate neighborhood offers smaller lots with homes from $320K to $450K. Townhomes and condos near William Cannon run from $220K to $350K. The area has experienced steady appreciation, with median prices rising from approximately $280K in 2018 to over $420K by 2025.
Students in 78748 attend Austin ISD schools. Elementary campuses include Baranoff, Kiker, and Mills. Most students feed into Bailey Middle School or Small Middle School, then to Bowie High School, one of the highest-rated public high schools in Austin ISD. Bowie High School enrolls approximately 3,000 students and offers AP and dual-enrollment courses, a competitive swim team, and strong fine arts programs. The Bowie feeder pattern is one of the most sought-after in Austin ISD, and home prices in the attendance zone reflect that demand. Private school options include Brentwood Christian School and The Giddings School, both within a 15-minute drive.
The zip code is well-positioned for commuters, with downtown Austin approximately 15 minutes north via MoPac or I-35. The South Park Meadows shopping center at I-35 and Slaughter Lane provides major retail including Target, Best Buy, and H-E-B. The Veloway, a 3.1-mile paved loop restricted to cyclists and rollerbladers, is located just west of the zip code near Circle C. Williamson Creek and Onion Creek greenbelts offer additional trail access. The area has multiple H-E-B locations, medical clinics along William Cannon, and a growing restaurant corridor on Brodie Lane.
Living in Zip Code 78748
The population of 78748 is predominantly families with school-age children and long-term homeowners who bought during the 1990s and 2000s. Median household income is approximately $95,000, and the area has a high homeownership rate compared to central Austin. The demographic profile is mixed, with significant white, Hispanic, and Asian populations. Many residents work in the tech industry, state government, or healthcare, commuting north to downtown, the Domain, or the semiconductor corridor. The neighborhood associations in Shady Hollow and Bauerle Ranch are active, organizing block parties, holiday events, and maintaining common areas and entry features.
