Hornsby Bend, Austin, TX—78724
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hornsby Bend, Austin, TX
As of Oct '25, the median home price in Hornsby Bend, Austin, TX is $320,000, with a year-over-year change of -8.3%. This indicates that home prices in Hornsby Bend, Austin, TX are decreasing. According to Zillow, the 1-year price projection is -2.7%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $320,000 | -8.3% |
| Single Family | $319,000 | -8.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $259,000 | -10.4% |
3 Bed | $321,000 | -8.5% |
4 Bed | $360,000 | -7.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Hornsby Bend, Austin, TX
As of July '25, Rentcast reports the average rent in Hornsby Bend, Austin, TX is $1,970, with a year-over-year rent change of -10.0%. Per bedroom, the median rent as of July '25 in Hornsby Bend, Austin, TX is studios: $1,220, 1-bedrooms: $1,330, 2-bedrooms: $1,600, 3-bedrooms: $2,340, 4-bedrooms: $2,410. The most common rental property sizes in Hornsby Bend, Austin, TX are 2-bedroom and 3-bedroom, accounting for 38.6% and 33.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,950 | $1,970 |
| Studio Rent | $1,250 | $1,220 |
| 1 Bed Rent | $1,250 | $1,330 |
| 2 Bed Rent | $1,500 | $1,600 |
| 3 Bed Rent | $2,150 | $2,340 |
| 4 Bed Rent | $2,250 | $2,410 |
% of Rental Stock
Property Listings — Hornsby Bend, Austin, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Hornsby Bend, Austin, TX is 82. This is a increase of 29.0% 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 32.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $402,000 | 5.0% |
Listing Count | 74 | 1.0% |
| Listings as % of Homes | 0.5% | 1.0% |
Days on Market | 82 | 29.0% |
Demographics — Hornsby Bend, Austin, TX
As of the latest ACS Survey released in 2023, Hornsby Bend, Austin, TX has a population of 29,300, which has increased by 18.4% over the past 5 years. Hornsby Bend, Austin, TX is a popular place for families, as children make up 28.4% of the population. The area has a moderately educated workforce, with 28.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 29,300 | 18.4% |
% Under 18 | 28.4% | -18.2% |
% Seniors | 5.8% | 28.9% |
% WFH | 14.6% | 630.0% |
% w/ College Degree | 28.0% | 94.4% |
As of the latest ACS Survey released in 2023, Hornsby Bend, Austin, TX is a predominantly hispanic area, with 62.6% of the population identifying as hispanic. The hispanic population has shrunk by 4.0% in the last 5 years. The second most common race or ethnicity in Hornsby Bend, Austin, TX is black, making up 16.3% of the population. Foreign-born residents account for 22.7% of the population in Hornsby Bend, Austin, TX, and this percentage has decreased by 19.5% 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 | 15.3% | 44.3% |
% Black | 16.3% | -30.3% |
% Hispanic | 62.6% | -4.0% |
% Asian | 2.8% | 2,700.0% |
% Foreign Born | 22.7% | -19.5% |
Mortgage and Risk — Hornsby Bend, Austin, TX
According to HUD data as of 2023, there were 318 mortgage originations in Hornsby Bend, Austin, TX, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 79.0%, with 48.0% above 90% LTV (very high). This implies large mortgage risk in Hornsby Bend, Austin, TX. Investor activity is low, as 2.0% 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 | 318 |
% Conventional Loans | 89.0% |
% Government Loans | 11.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Hornsby Bend, Austin, TX
As of 2024, the percent of homes in Hornsby Bend, Austin, TX under the Section 8 program is 21.0%. 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. In Hornsby Bend, Austin, 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 | 627 |
Total Units Section 8 | 627 |
% Rentals under Section 8 | 21.0% |
% Occupied Section 8 | 81.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $330 | $1,250 | $1,580 |
| 2 Bedroom | $360 | $1,500 | $1,860 |
| 3 Bedroom | $220 | $2,150 | $2,370 |
| 4 Bedroom | $500 | $2,250 | $2,750 |
Affordability — Hornsby Bend, Austin, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.1 |
| Median Home Price | $320,000 |
| Median Household Income | $76,900 |