Market Overview for Zip Code 78750

There are 48 active listings in Zip Code 78750 with a median list price of $572K and a median sold price of $638K.

Homes average 74 days on market.

Over the past 30 days, 26 homes have sold, with 265 sales in the past 12 months.

The average price per square foot is $304.

About Zip Code 78750

Zip code 78750 covers northwest Austin along the US-183 and Loop 360 (Capital of Texas Highway) corridors, including the neighborhoods of Jester Estates, Great Hills, Balcones Village, and portions of River Place. The area sits on the eastern edge of the Balcones Canyonlands, where the flat Blackland Prairie transitions to the limestone hills and oak-juniper woodlands of the Texas Hill Country. Development began in the 1970s in Balcones Village and expanded through the 1990s with Jester Estates and Great Hills. The terrain is notably hilly, with significant elevation changes and mature tree canopy throughout the residential areas.

Real estate in 78750 is predominantly single-family homes on moderate to large lots, many backing up to greenbelts and canyon preserves. Homes in Jester Estates, a subdivision of approximately 1,200 homes built between 1985 and 2005, range from $500K to $900K. Great Hills offers homes from $450K to $800K, with some updated properties exceeding $1 million. Balcones Village, one of the older neighborhoods in the zip code, has homes from $400K to $650K. River Place homes on the western edge start around $550K and can exceed $1.5 million for lakefront properties on Lake Austin. Lot sizes range from 7,000 square feet in denser sections to over one acre in River Place.

Students in 78750 are split between Austin ISD and Round Rock ISD depending on their specific address. Round Rock ISD students in the area attend Laurel Mountain Elementary, Canyon Vista Middle School, and Westwood High School, one of the top-rated public high schools in Texas with a National Merit Scholar production rate among the highest in the state. Austin ISD students may attend Hill Elementary, Murchison Middle School, and Anderson High School. The dual-district coverage makes it essential for homebuyers to verify school assignments by specific address. Both Westwood and Anderson offer extensive AP and International Baccalaureate or dual-enrollment options.

The zip code is centrally positioned, with downtown Austin approximately 20 minutes south via MoPac or Loop 360. The Arboretum shopping area at US-183 and Great Hills Trail provides major retail including Nordstrom Rack, Barnes & Noble, and numerous restaurants. The Domain, a mixed-use development with Apple, Amazon, and Facebook offices, is about 10 minutes east. Bull Creek Park and the Bull Creek greenbelt offer swimming holes and hiking trails within the zip code. River Place Nature Trail provides a 3.5-mile hike through the Balcones Canyonlands to Lake Austin.

Living in Zip Code 78750

The population of 78750 is established families, empty nesters, and professionals drawn by the top-rated schools and Hill Country setting. Median household income is approximately $130,000, and the area has one of the highest educational attainment rates in Austin, with over 70 percent of adults holding a bachelor's degree or higher. Many residents work in the tech industry at companies headquartered in the Domain, along the US-183 corridor, or in downtown Austin. The neighborhood demographic is mixed, with notable Asian, South Asian, and white populations. Homeownership rates exceed 75 percent.