Pipe Creek, TX—78063
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Pipe Creek, TX
As of Oct '25, the median home price in Pipe Creek, TX is $305,000, with a year-over-year change of -5.9%. This indicates that home prices in Pipe Creek, TX are decreasing. According to Zillow, the 1-year price projection is -1.6%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $305,000 | -5.9% |
| Single Family | $305,000 | -6.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $249,000 | -5.7% |
3 Bed | $390,000 | -3.5% |
4 Bed | $531,000 | -3.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Pipe Creek, TX
As of July '25, Rentcast reports the average rent in Pipe Creek, TX is $1,450, with a year-over-year rent change of -9.9%. Per bedroom, the median rent as of July '25 in Pipe Creek, TX is 1-bedrooms: $1,170, 2-bedrooms: $1,350, 3-bedrooms: $2,010, 4-bedrooms: $1,500. The most common rental property sizes in Pipe Creek, TX are 3-bedroom and 1-bedroom, accounting for 41.3% and 26.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,380 | $1,450 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,050 | $1,170 |
| 2 Bed Rent | $1,350 | $1,350 |
| 3 Bed Rent | $2,000 | $2,010 |
| 4 Bed Rent | $1,500 | $1,500 |
% of Rental Stock
Property Listings — Pipe Creek, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Pipe Creek, TX is 121. This is a increase of 19.0% 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 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $458,000 | 0.0% |
Listing Count | 109 | 9.0% |
| Listings as % of Homes | 1.3% | 9.0% |
Days on Market | 121 | 19.0% |
Demographics — Pipe Creek, TX
As of the latest ACS Survey released in 2023, Pipe Creek, TX has a population of 10,600, which has increased by 10.5% over the past 5 years. Pipe Creek, TX is a moderately popular place for families, as children make up 16.1% of the population. The area has a moderately educated workforce, with 28.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,600 | 10.5% |
% Under 18 | 16.1% | -9.0% |
% Seniors | 24.5% | 5.6% |
% WFH | 8.9% | 20.3% |
% w/ College Degree | 28.1% | 12.0% |
As of the latest ACS Survey released in 2023, Pipe Creek, TX is a predominantly white area, with 75.9% of the population identifying as white. The white population has grown by 0.8% in the last 5 years. The second most common race or ethnicity in Pipe Creek, TX is hispanic, making up 18.3% of the population. Foreign-born residents account for 5.5% of the population in Pipe Creek, TX, and this percentage has increased by 22.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 75.9% | 0.8% |
% Black | 0.3% | 50.0% |
% Hispanic | 18.3% | -10.7% |
% Asian | 0.4% | -20.0% |
% Foreign Born | 5.5% | 22.2% |
Mortgage and Risk — Pipe Creek, TX
According to HUD data as of 2023, there were 179 mortgage originations in Pipe Creek, TX, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Pipe Creek, TX. Investor activity is low, as 4.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 179 |
% Conventional Loans | 72.0% |
% Government Loans | 28.0% |
% Investor Loans | 4.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Pipe Creek, TX
As of 2024, the percent of homes in Pipe Creek, TX under the Section 8 program is 1.6%. 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. 1-bedroom and 2-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Pipe Creek, TX, because HUD payments exceed market rent, while 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 4 |
Total Units Section 8 | 4 |
% Rentals under Section 8 | 1.6% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $230 | $1,050 | $1,280 |
| 2 Bedroom | $210 | $1,350 | $1,560 |
| 3 Bedroom | -$20 | $2,000 | $1,980 |
| 4 Bedroom | $830 | $1,500 | $2,330 |
Affordability — Pipe Creek, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.3 |
| Median Home Price | $305,000 |
| Median Household Income | $79,100 |