Spicewood, TX—78669
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Spicewood, TX
As of Oct '25, the median home price in Spicewood, TX is $708,000, with a year-over-year change of -5.1%. This indicates that home prices in Spicewood, TX are decreasing. According to Zillow, the 1-year price projection is -1.7%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $708,000 | -5.2% |
| Single Family | $710,000 | -5.3% |
| Condos | $691,000 | 1.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $440,000 | -8.1% |
3 Bed | $629,000 | -5.3% |
4 Bed | $854,000 | -4.0% |
| 5 Bed | $1,185,000 | -4.6% |
% of Housing Stock
Rental Trends — Spicewood, TX
As of July '25, Rentcast reports the average rent in Spicewood, TX is $3,340, with a year-over-year rent change of 2.5%. Per bedroom, the median rent as of July '25 in Spicewood, TX is studios: $999, 1-bedrooms: $1,570, 2-bedrooms: $1,900, 3-bedrooms: $3,720, 4-bedrooms: $4,020. The most common rental property sizes in Spicewood, TX are 3-bedroom and 2-bedroom, accounting for 48.6% and 38.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,900 | $3,340 |
| Studio Rent | $999 | $999 |
| 1 Bed Rent | $1,640 | $1,570 |
| 2 Bed Rent | $1,700 | $1,900 |
| 3 Bed Rent | $3,200 | $3,720 |
| 4 Bed Rent | $3,500 | $4,020 |
% of Rental Stock
Property Listings — Spicewood, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Spicewood, TX is 108. This is a increase of 4.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $949,000 | -4.0% |
Listing Count | 306 | 21.0% |
| Listings as % of Homes | 2.1% | 21.0% |
Days on Market | 108 | 4.0% |
Demographics — Spicewood, TX
As of the latest ACS Survey released in 2023, Spicewood, TX has a population of 12,000, which has remained stable by -1.0% over the past 5 years. Spicewood, TX is a moderately popular place for families, as children make up 21.9% of the population. The area has a highly educated workforce, with 53.2% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 32.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,000 | -1.0% |
% Under 18 | 21.9% | -8.7% |
% Seniors | 21.0% | 9.9% |
% WFH | 32.6% | 46.8% |
% w/ College Degree | 53.2% | -0.7% |
As of the latest ACS Survey released in 2023, Spicewood, TX is a predominantly white area, with 81.0% of the population identifying as white. The white population has shrunk by 7.4% in the last 5 years. The second most common race or ethnicity in Spicewood, TX is hispanic, making up 13.5% of the population. Foreign-born residents account for 5.2% of the population in Spicewood, TX, and this percentage has decreased by 16.1% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 81.0% | -7.4% |
% Black | 1.6% | 220.0% |
% Hispanic | 13.5% | 77.6% |
% Asian | 3.0% | -3.2% |
% Foreign Born | 5.2% | -16.1% |
Mortgage and Risk — Spicewood, TX
According to HUD data as of 2023, there were 277 mortgage originations in Spicewood, TX, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 12.0% above 90% LTV (elevated). This implies medium mortgage risk in Spicewood, TX. Investor activity is low, as 1.0% 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 | 277 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 1.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Spicewood, TX
Spicewood, TX lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$160 | $1,640 | $1,480 |
| 2 Bedroom | $40 | $1,700 | $1,740 |
| 3 Bedroom | -$970 | $3,200 | $2,230 |
| 4 Bedroom | -$940 | $3,500 | $2,560 |
Affordability — Spicewood, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.4 |
| Median Home Price | $708,000 |
| Median Household Income | $126,000 |