East Austin, Austin, TX—78702
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — East Austin, Austin, TX
As of Oct '25, the median home price in East Austin, Austin, TX is $560,000, with a year-over-year change of -9.2%. This indicates that home prices in East Austin, Austin, 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 | $560,000 | -9.2% |
| Single Family | $591,000 | -9.4% |
| Condos | $470,000 | -6.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $362,000 | -6.7% |
2 Bed | $521,000 | -7.1% |
3 Bed | $684,000 | -8.2% |
4 Bed | $888,000 | -6.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — East Austin, Austin, TX
As of July '25, Rentcast reports the average rent in East Austin, Austin, TX is $2,850, with a year-over-year rent change of -1.4%. Per bedroom, the median rent as of July '25 in East Austin, Austin, TX is studios: $1,400, 1-bedrooms: $1,730, 2-bedrooms: $2,800, 3-bedrooms: $3,650, 4-bedrooms: $4,290. The most common rental property sizes in East Austin, Austin, TX are 1-bedroom and 2-bedroom, accounting for 37.2% and 29.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,680 | $2,850 |
| Studio Rent | $1,480 | $1,400 |
| 1 Bed Rent | $1,700 | $1,730 |
| 2 Bed Rent | $2,720 | $2,800 |
| 3 Bed Rent | $3,500 | $3,650 |
| 4 Bed Rent | $3,600 | $4,290 |
% of Rental Stock
Property Listings — East Austin, Austin, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in East Austin, Austin, TX is 81. This is a decrease of -3.0% from last year, suggesting that homes are sitting on the market shorter 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 | $691,000 | -8.0% |
Listing Count | 278 | 7.0% |
| Listings as % of Homes | 0.7% | 7.0% |
Days on Market | 81 | -3.0% |
Demographics — East Austin, Austin, TX
As of the latest ACS Survey released in 2023, East Austin, Austin, TX has a population of 26,500, which has increased by 13.3% over the past 5 years. East Austin, Austin, TX is a less popular place for families, as children make up 13.8% of the population. The area has a highly educated workforce, with 58.8% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 30.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 26,500 | 13.3% |
% Under 18 | 13.8% | -22.5% |
% Seniors | 9.4% | -13.8% |
% WFH | 30.5% | 281.2% |
% w/ College Degree | 58.8% | 35.8% |
As of the latest ACS Survey released in 2023, East Austin, Austin, TX is a predominantly white area, with 48.8% of the population identifying as white. The white population has grown by 25.1% in the last 5 years. The second most common race or ethnicity in East Austin, Austin, TX is hispanic, making up 32.4% of the population. Foreign-born residents account for 9.1% of the population in East Austin, Austin, TX, and this percentage has decreased by 28.9% 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 | 48.8% | 25.1% |
% Black | 12.3% | -19.6% |
% Hispanic | 32.4% | -22.9% |
% Asian | 3.0% | 50.0% |
% Foreign Born | 9.1% | -28.9% |
Mortgage and Risk — East Austin, Austin, TX
According to HUD data as of 2023, there were 278 mortgage originations in East Austin, Austin, TX, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in East Austin, Austin, TX. Investor activity is low, as 6.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 278 |
% Conventional Loans | 97.0% |
% Government Loans | 3.0% |
% Investor Loans | 6.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — East Austin, Austin, TX
As of 2024, the percent of homes in East Austin, Austin, TX under the Section 8 program is 17.1%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in East Austin, Austin, TX, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 1,596 |
Total Units Section 8 | 1,476 |
% Rentals under Section 8 | 17.1% |
% Occupied Section 8 | 77.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $290 | $1,700 | $1,990 |
| 2 Bedroom | -$370 | $2,720 | $2,350 |
| 3 Bedroom | -$510 | $3,500 | $2,990 |
| 4 Bedroom | -$130 | $3,600 | $3,470 |
Affordability — East Austin, Austin, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7 |
| Median Home Price | $560,000 |
| Median Household Income | $101,000 |