diff --git a/homeassistant/const.py b/homeassistant/const.py
index 2fb83613a3f..9ad1ceb8a15 100644
--- a/homeassistant/const.py
+++ b/homeassistant/const.py
@@ -5,7 +5,7 @@ from typing import Final
 
 MAJOR_VERSION: Final = 2021
 MINOR_VERSION: Final = 7
-PATCH_VERSION: Final = "3"
+PATCH_VERSION: Final = "4"
 __short_version__: Final = f"{MAJOR_VERSION}.{MINOR_VERSION}"
 __version__: Final = f"{__short_version__}.{PATCH_VERSION}"
 REQUIRED_PYTHON_VER: Final[tuple[int, int, int]] = (3, 8, 0)