Bee Cave Market Report: 78738 Holds Double-Digit Gains While Austin Slips
The 78738 median sale price was $976,777 over the three months ending August 2026, up 13.3% year over year, while the Austin metro median fell 6.4%. Sales rose 9.2% and homes sold 11 days faster than a year ago, though slower than in spring.
Median up 13.3% year over year
Redfin puts the 78738 median at $976,777 for the three months ending August 2026, against a 6.4% metro decline.
New measure, not a new price
July's $950,000 was a single-month Unlock MLS figure; this report uses Redfin's three-month median because that series stopped updating.
Faster than last year, slower than spring
Median days on market was 69 versus 80 a year earlier, up from the 48-day spring window cited in July.
Sales volume up 9.2%
215 homes sold in 78738 over the three months ending August 2026, and sale-to-list reached 97.3%.
Travis County at 5.1 months supply
County inventory is down 0.8 months year over year but up from 4.7 months in June; ZIP-level supply is not published.
The 78738 median sale price was $976,777 over the three months ending August 2026, up 13.3% year over year, while the Austin metro median fell 6.4% to $412,000. Travis County also fell 6.4%, to $489,000, per Unlock MLS. Bee Cave's ZIP is moving against the wider market, not with it.
A note on the numbers before comparing to July. Our July report used a single-month Unlock MLS median of $950,000 for June, published by Community Impact. That series has not been updated since, so this report uses Redfin's rolling three-month figure instead. The gap between $950,000 and $976,777 is a change of measure, not a $27,000 price move. What carries over is the direction: both measures show the ZIP up double digits year over year.
July's thesis mostly holds. In July we argued that price and volume were rising together. They still are: 215 homes sold in the June through August window, up 9.2%, and sale-to-list reached 97.3%, up 0.8 points. Price drops touched 40.2% of listings, down 8.7 points from a year ago.
The shift is pace. Median days on market was 69, still 11 days faster than the 80 of a year earlier, but slower than the 48-day median in the spring window we cited in July. Homes are selling faster than last year, not faster than last spring. Price per square foot rose 5.8% to $284, a smaller gain than the 8.1% we reported in July, which suggests part of the median's strength reflects larger homes closing.
Supply loosened slightly at the county level. Travis County sat at 5.1 months of inventory in August, down 0.8 months from a year earlier but up from the 4.7 months we cited for June. ZIP-level supply is not published. Redfin showed 301 active listings in 78738 on September 28, versus roughly 335 we counted in late July, with about 46% asking over $1 million.
What this means practically. Sellers are pricing into a ZIP that is still gaining while the metro is not, but longer marketing times than spring mean a list price needs to be right on day one. Buyers have the most choice above $1 million.
Why Bee Cave is on this site. The Creath Partners office is in Bee Cave at 13420 Galleria Circle, in the Hill Country Galleria. Jonathan Creath is a Real Estate Advisor with Kuper Sotheby's International Realty. TREC License #547237.
Bee Cave as of September 28, 2026
These figures are frozen at publication. The Bee Cave guide carries the current month's numbers.
Every number, and where it came from.
ZIP 78738 median sale price was $976,777 over the three months ending August 2026, up 13.3% year over year; 215 homes sold, up 9.2%; median days on market 69 versus 80; sale-to-list 97.3%, up 0.8 points; 11.5% sold above list; 40.2% of homes had price drops, down 8.7 points; price per square foot $284, up 5.8%.
redfin.com ↗Austin-Round Rock-San Marcos MSA median price was $412,000 in August 2026, down 6.4% year over year; Travis County median was $489,000, down 6.4%, with 5.1 months of inventory, down 0.8 months.
unlockmls.com ↗Redfin showed 301 active listings in ZIP 78738 on September 28, 2026: 91 under $750K, 162 under $1M, 247 under $2M and 55 at $2M or above.
redfin.com ↗The July 2026 report's $950,000 median was a single-month June 2026 Unlock MLS ZIP figure published by Community Impact.
communityimpact.com ↗Travis County months of inventory was 4.7 in June 2026.
unlockmls.com ↗
Median sale price, homes sold, days on market, sale-to-list and price per square foot: Redfin calculations from MLS and public records for ZIP 78738, rolling three months ending August 2026, retrieved September 28, 2026. This is a different measure from the July report's median, which was a single-month Unlock MLS figure published by Community Impact; Community Impact has not published ZIP-level data since. Months of supply: Unlock MLS August 2026 Central Texas Housing Report, Travis County, because ZIP-level supply is not publicly reported. Price distribution is approximated by counting Redfin's 301 active listings in 78738 across price filters on September 28, 2026, so it reflects asking prices of current inventory, not closed sales.
