Lockhart, TX—78644
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lockhart, TX
As of Oct '25, the median home price in Lockhart, TX is $283,000, with a year-over-year change of -5.3%. This indicates that home prices in Lockhart, 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 | $283,000 | -5.4% |
| Single Family | $284,000 | -5.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $204,000 | -8.5% |
2 Bed | $211,000 | -9.1% |
3 Bed | $273,000 | -6.2% |
4 Bed | $310,000 | -6.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Lockhart, TX
As of July '25, Rentcast reports the average rent in Lockhart, TX is $1,520, with a year-over-year rent change of -6.7%. Per bedroom, the median rent as of July '25 in Lockhart, TX is 1-bedrooms: $988, 2-bedrooms: $1,160, 3-bedrooms: $1,650, 4-bedrooms: $1,910. The most common rental property sizes in Lockhart, TX are 2-bedroom and 3-bedroom, accounting for 51.8% and 31.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,600 | $1,520 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $968 | $988 |
| 2 Bed Rent | $1,050 | $1,160 |
| 3 Bed Rent | $1,650 | $1,650 |
| 4 Bed Rent | $1,990 | $1,910 |
% of Rental Stock
Property Listings — Lockhart, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Lockhart, TX is 74. This is a increase of 25.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $335,000 | 2.0% |
Listing Count | 120 | -17.0% |
| Listings as % of Homes | 1.0% | -17.0% |
Days on Market | 74 | 25.0% |
Demographics — Lockhart, TX
As of the latest ACS Survey released in 2023, Lockhart, TX has a population of 20,600, which has increased by 12.7% over the past 5 years. Lockhart, TX is a moderately popular place for families, as children make up 21.7% of the population. The area has a poorly educated workforce, with 19.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 20,600 | 12.7% |
% Under 18 | 21.7% | -5.7% |
% Seniors | 16.6% | 3.1% |
% WFH | 11.3% | 175.6% |
% w/ College Degree | 19.1% | 23.2% |
As of the latest ACS Survey released in 2023, Lockhart, TX is a predominantly hispanic area, with 52.0% of the population identifying as hispanic. The hispanic population has grown by 6.6% in the last 5 years. The second most common race or ethnicity in Lockhart, TX is white, making up 39.4% of the population. Foreign-born residents account for 8.7% of the population in Lockhart, TX, and this percentage has increased by 17.6% 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 | 39.4% | -7.7% |
% Black | 3.8% | -38.7% |
% Hispanic | 52.0% | 6.6% |
% Asian | 1.4% | -33.3% |
% Foreign Born | 8.7% | 17.6% |
Mortgage and Risk — Lockhart, TX
According to HUD data as of 2023, there were 570 mortgage originations in Lockhart, TX, of which 53.0% of loans were conventional mortgages. The average loan-to-value was 82.0%, with 58.0% above 90% LTV (very high). This implies large mortgage risk in Lockhart, TX. Investor activity is low, as 5.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 570 |
% Conventional Loans | 53.0% |
% Government Loans | 47.0% |
% Investor Loans | 5.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Lockhart, TX
As of 2024, the percent of homes in Lockhart, TX under the Section 8 program is 3.6%. 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. In Lockhart, 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 | 171 |
Total Units Section 8 | 73 |
% Rentals under Section 8 | 3.6% |
% Occupied Section 8 | 93.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $512 | $968 | $1,480 |
| 2 Bedroom | $690 | $1,050 | $1,740 |
| 3 Bedroom | $580 | $1,650 | $2,230 |
| 4 Bedroom | $570 | $1,990 | $2,560 |
Affordability — Lockhart, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.5 |
| Median Home Price | $283,000 |
| Median Household Income | $72,200 |