Leander, TX—78641
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Leander, TX
As of Oct '25, the median home price in Leander, TX is $434,000, with a year-over-year change of -5.1%. This indicates that home prices in Leander, TX are decreasing. According to Zillow, the 1-year price projection is -2.3%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $434,000 | -5.1% |
| Single Family | $436,000 | -5.2% |
| Condos | $361,000 | -4.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $280,000 | -7.0% |
3 Bed | $351,000 | -6.4% |
4 Bed | $488,000 | -4.7% |
| 5 Bed | $668,000 | -4.6% |
% of Housing Stock
Rental Trends — Leander, TX
As of July '25, Rentcast reports the average rent in Leander, TX is $2,250, with a year-over-year rent change of -5.1%. Per bedroom, the median rent as of July '25 in Leander, TX is studios: $1,070, 1-bedrooms: $1,180, 2-bedrooms: $1,560, 3-bedrooms: $2,120, 4-bedrooms: $2,570. The most common rental property sizes in Leander, TX are 3-bedroom and 1-bedroom, accounting for 37.7% and 20.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,200 | $2,250 |
| Studio Rent | $1,040 | $1,070 |
| 1 Bed Rent | $1,150 | $1,180 |
| 2 Bed Rent | $1,500 | $1,560 |
| 3 Bed Rent | $2,080 | $2,120 |
| 4 Bed Rent | $2,400 | $2,570 |
% of Rental Stock
Property Listings — Leander, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Leander, TX is 79. This is a increase of 11.0% 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 35.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $494,000 | -6.0% |
Listing Count | 703 | 13.0% |
| Listings as % of Homes | 1.1% | 13.0% |
Days on Market | 79 | 11.0% |
Demographics — Leander, TX
As of the latest ACS Survey released in 2023, Leander, TX has a population of 93,400, which has increased by 42.3% over the past 5 years. Leander, TX is a popular place for families, as children make up 27.8% of the population. The area has a highly educated workforce, with 50.6% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 27.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 93,400 | 42.3% |
% Under 18 | 27.8% | -6.7% |
% Seniors | 9.1% | 13.7% |
% WFH | 27.1% | 208.0% |
% w/ College Degree | 50.6% | 33.9% |
As of the latest ACS Survey released in 2023, Leander, TX is a predominantly white area, with 56.3% of the population identifying as white. The white population has shrunk by 12.8% in the last 5 years. The second most common race or ethnicity in Leander, TX is hispanic, making up 21.0% of the population. Foreign-born residents account for 16.0% of the population in Leander, TX, and this percentage has increased by 64.9% 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 | 56.3% | -12.8% |
% Black | 6.0% | 30.4% |
% Hispanic | 21.0% | -11.0% |
% Asian | 11.1% | 258.1% |
% Foreign Born | 16.0% | 64.9% |
Mortgage and Risk — Leander, TX
According to HUD data as of 2023, there were 816 mortgage originations in Leander, TX, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Leander, TX. Investor activity is low, as 3.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 816 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Leander, TX
As of 2024, the percent of homes in Leander, TX under the Section 8 program is 1.2%. 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 Leander, 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 | 82 |
Total Units Section 8 | 82 |
% Rentals under Section 8 | 1.2% |
% Occupied Section 8 | 80.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $760 | $1,150 | $1,910 |
| 2 Bedroom | $760 | $1,500 | $2,260 |
| 3 Bedroom | $800 | $2,080 | $2,880 |
| 4 Bedroom | $940 | $2,400 | $3,340 |
Affordability — Leander, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.9 |
| Median Home Price | $434,000 |
| Median Household Income | $131,000 |