Cedar Park, TX—78613
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Cedar Park, TX
As of Oct '25, the median home price in Cedar Park, TX is $462,000, with a year-over-year change of -5.5%. This indicates that home prices in Cedar Park, TX are decreasing. According to Zillow, the 1-year price projection is -2.2%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $462,000 | -5.5% |
| Single Family | $468,000 | -5.8% |
| Condos | $376,000 | -2.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $307,000 | -5.0% |
3 Bed | $379,000 | -6.4% |
4 Bed | $539,000 | -5.3% |
| 5 Bed | $752,000 | -3.6% |
% of Housing Stock
Rental Trends — Cedar Park, TX
As of July '25, Rentcast reports the average rent in Cedar Park, TX is $2,320, with a year-over-year rent change of -1.3%. Per bedroom, the median rent as of July '25 in Cedar Park, TX is studios: $1,090, 1-bedrooms: $1,230, 2-bedrooms: $1,790, 3-bedrooms: $2,210, 4-bedrooms: $2,750. The most common rental property sizes in Cedar Park, TX are 1-bedroom and 2-bedroom, accounting for 33.7% and 29.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,250 | $2,320 |
| Studio Rent | $1,080 | $1,090 |
| 1 Bed Rent | $1,200 | $1,230 |
| 2 Bed Rent | $1,850 | $1,790 |
| 3 Bed Rent | $2,150 | $2,210 |
| 4 Bed Rent | $2,700 | $2,750 |
% of Rental Stock
Property Listings — Cedar Park, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Cedar Park, TX is 78. This is a increase of 10.0% 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 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $515,000 | -3.0% |
Listing Count | 323 | 21.0% |
| Listings as % of Homes | 0.5% | 21.0% |
Days on Market | 78 | 10.0% |
Demographics — Cedar Park, TX
As of the latest ACS Survey released in 2023, Cedar Park, TX has a population of 89,200, which has increased by 11.9% over the past 5 years. Cedar Park, TX is a moderately popular place for families, as children make up 24.9% of the population. The area has a highly educated workforce, with 55.2% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 27.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 89,200 | 11.9% |
% Under 18 | 24.9% | -14.7% |
% Seniors | 11.0% | 34.1% |
% WFH | 27.2% | 164.1% |
% w/ College Degree | 55.2% | 12.0% |
As of the latest ACS Survey released in 2023, Cedar Park, TX is a predominantly white area, with 59.7% of the population identifying as white. The white population has shrunk by 9.1% in the last 5 years. The second most common race or ethnicity in Cedar Park, TX is hispanic, making up 18.5% of the population. Foreign-born residents account for 17.1% of the population in Cedar Park, TX, and this percentage has increased by 33.6% 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 | 59.7% | -9.1% |
% Black | 3.5% | 16.7% |
% Hispanic | 18.5% | -1.6% |
% Asian | 13.1% | 45.6% |
% Foreign Born | 17.1% | 33.6% |
Mortgage and Risk — Cedar Park, TX
According to HUD data as of 2023, there were 141 mortgage originations in Cedar Park, TX, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 9.0% above 90% LTV (normal). This implies small mortgage risk in Cedar Park, TX. Investor activity is low, as 0.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 141 |
% Conventional Loans | 97.0% |
% Government Loans | 3.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Cedar Park, TX
As of 2024, the percent of homes in Cedar Park, TX under the Section 8 program is 1.4%. 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 Cedar Park, 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 | 160 |
Total Units Section 8 | 160 |
% Rentals under Section 8 | 1.4% |
% Occupied Section 8 | 81.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $540 | $1,200 | $1,740 |
| 2 Bedroom | $210 | $1,850 | $2,060 |
| 3 Bedroom | $480 | $2,150 | $2,630 |
| 4 Bedroom | $350 | $2,700 | $3,050 |
Affordability — Cedar Park, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.3 |
| Median Home Price | $462,000 |
| Median Household Income | $121,000 |