Bastrop, TX—78612
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Bastrop, TX
Home Price Trends — Bastrop, TX
As of Oct '25, the median home price in Bastrop, TX is $429,000, with a year-over-year change of -2.5%. This indicates that home prices in Bastrop, 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 | $429,000 | -2.5% |
| Single Family | $429,000 | -2.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $357,000 | -1.4% |
3 Bed | $405,000 | -1.0% |
4 Bed | $526,000 | -0.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Bastrop, TX
As of July '25, Rentcast reports the average rent in Bastrop, TX is $1,840, with a year-over-year rent change of -20.0%. Per bedroom, the median rent as of July '25 in Bastrop, TX is studios: $1,330, 1-bedrooms: $911, 2-bedrooms: $1,670, 3-bedrooms: $1,940, 4-bedrooms: $2,450. The most common rental property sizes in Bastrop, TX are 3-bedroom and 2-bedroom, accounting for 42.9% and 28.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,800 | $1,840 |
| Studio Rent | $1,330 | $1,330 |
| 1 Bed Rent | $882 | $911 |
| 2 Bed Rent | $1,600 | $1,670 |
| 3 Bed Rent | $1,900 | $1,940 |
| 4 Bed Rent | $2,200 | $2,450 |
% of Rental Stock
Property Listings — Bastrop, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Bastrop, TX is 93. 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 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $454,000 | -26.0% |
Listing Count | 124 | 66.0% |
| Listings as % of Homes | 0.8% | 66.0% |
Days on Market | 93 | 7.0% |
Demographics — Bastrop, TX
As of the latest ACS Survey released in 2023, Bastrop, TX has a population of 19,800, which has increased by 43.2% over the past 5 years. Bastrop, TX is a popular place for families, as children make up 34.9% of the population. The area has a poorly educated workforce, with 20.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 19,800 | 43.2% |
% Under 18 | 34.9% | 4.8% |
% Seniors | 11.0% | 13.4% |
% WFH | 15.4% | 185.2% |
% w/ College Degree | 20.9% | -1.9% |
As of the latest ACS Survey released in 2023, Bastrop, TX is a predominantly hispanic area, with 60.0% of the population identifying as hispanic. The hispanic population has grown by 24.5% in the last 5 years. The second most common race or ethnicity in Bastrop, TX is white, making up 30.6% of the population. Foreign-born residents account for 17.8% of the population in Bastrop, TX, and this percentage has increased by 48.3% 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 | 30.6% | -29.5% |
% Black | 4.8% | -36.0% |
% Hispanic | 60.0% | 24.5% |
% Asian | 0.8% | 60.0% |
% Foreign Born | 17.8% | 48.3% |
Mortgage and Risk — Bastrop, TX
According to HUD data as of 2023, there were 177 mortgage originations in Bastrop, TX, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 41.0% above 90% LTV (very high). This implies large mortgage risk in Bastrop, TX. Investor activity is low, as 3.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 177 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Bastrop, TX
As of 2024, the percent of homes in Bastrop, TX under the Section 8 program is 0.3%. 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 Bastrop, 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 | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 0.3% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $598 | $882 | $1,480 |
| 2 Bedroom | $150 | $1,600 | $1,750 |
| 3 Bedroom | $330 | $1,900 | $2,230 |
| 4 Bedroom | $390 | $2,200 | $2,590 |
Affordability — Bastrop, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5 |
| Median Home Price | $429,000 |
| Median Household Income | $90,900 |