diff --git a/setup.py b/setup.py
index 6fce20b..36a4c2f 100644
--- a/setup.py
+++ b/setup.py
@@ -11,7 +11,7 @@ with open(os.path.join(here, "README.rst"), encoding="utf-8") as readme_file:
     long_description = readme_file.read()
 
 
-VERSION = "24.3.0"
+VERSION = "24.3.1"
 PROJECT_NAME = "aioesphomeapi"
 PROJECT_PACKAGE_NAME = "aioesphomeapi"
 PROJECT_LICENSE = "MIT"