Justin, TX—76247
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Justin, TX
As of Oct '25, the median home price in Justin, TX is $401,000, with a year-over-year change of -4.3%. This indicates that home prices in Justin, TX are decreasing. According to Zillow, the 1-year price projection is -0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $401,000 | -4.3% |
| Single Family | $401,000 | -4.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $271,000 | -3.6% |
3 Bed | $346,000 | -4.2% |
4 Bed | $434,000 | -4.4% |
| 5 Bed | $467,000 | -4.3% |
% of Housing Stock
Rental Trends — Justin, TX
As of July '25, Rentcast reports the average rent in Justin, TX is $2,570, with a year-over-year rent change of 3.2%. Per bedroom, the median rent as of July '25 in Justin, TX is 1-bedrooms: $1,260, 2-bedrooms: $1,660, 3-bedrooms: $2,350, 4-bedrooms: $2,670. The most common rental property sizes in Justin, TX are 3-bedroom and 2-bedroom, accounting for 58.2% and 27.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,480 | $2,570 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,350 | $1,260 |
| 2 Bed Rent | $1,450 | $1,660 |
| 3 Bed Rent | $2,200 | $2,350 |
| 4 Bed Rent | $2,550 | $2,670 |
% of Rental Stock
Property Listings — Justin, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Justin, TX is 62. This is a increase of 7.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 32.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $460,000 | -7.0% |
Listing Count | 360 | 4.0% |
| Listings as % of Homes | 3.1% | 4.0% |
Days on Market | 62 | 7.0% |
Demographics — Justin, TX
As of the latest ACS Survey released in 2023, Justin, TX has a population of 18,400, which has increased by 28.8% over the past 5 years. Justin, TX is a popular place for families, as children make up 26.2% of the population. The area has a moderately educated workforce, with 34.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 18,400 | 28.8% |
% Under 18 | 26.2% | -10.9% |
% Seniors | 8.1% | -21.4% |
% WFH | 12.9% | 115.0% |
% w/ College Degree | 34.1% | 14.8% |
As of the latest ACS Survey released in 2023, Justin, TX is a predominantly white area, with 74.3% of the population identifying as white. The white population has shrunk by 4.0% in the last 5 years. The second most common race or ethnicity in Justin, TX is hispanic, making up 15.0% of the population. Foreign-born residents account for 4.3% of the population in Justin, TX, and this percentage has decreased by 32.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 74.3% | -4.0% |
% Black | 3.1% | 3.3% |
% Hispanic | 15.0% | -5.7% |
% Asian | 2.6% | 1,200.0% |
% Foreign Born | 4.3% | -32.8% |
Mortgage and Risk — Justin, TX
According to HUD data as of 2023, there were 1643 mortgage originations in Justin, TX, of which 64.0% of loans were conventional mortgages. The average loan-to-value was 83.0%, with 56.0% above 90% LTV (very high). This implies large mortgage risk in Justin, TX. Investor activity is low, as 3.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1,643 |
% Conventional Loans | 64.0% |
% Government Loans | 36.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 4.0% |
Loan Activity
Rentals and Section 8 — Justin, TX
As of 2024, the percent of homes in Justin, TX under the Section 8 program is 2.4%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Justin, TX, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 36 |
Total Units Section 8 | 36 |
% Rentals under Section 8 | 2.4% |
% Occupied Section 8 | 76.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $780 | $1,350 | $2,130 |
| 2 Bedroom | $1,050 | $1,450 | $2,500 |
| 3 Bedroom | $940 | $2,200 | $3,140 |
| 4 Bedroom | $1,480 | $2,550 | $4,030 |
Affordability — Justin, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $401,000 |
| Median Household Income | $123,000 |