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Wells Branch, Austin, TX—78728

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$400,000
6.3% YoY Growth
Household Income
$74,000
34.4% YoY Growth
Days on Market
70
1.0% Shorter YoY
Home Price Forecast
-2.0%
Median Rent
$2,150
12.5% YoY Growth
1-Bed Rent
$1,060
7.4% YoY Growth
2-Bed Rent
$1,450
29.2% YoY Growth
3-Bed Rent
$2,200
0.9% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Wells Branch, Austin, TX

As of Dec '25, the median home price in Wells Branch, Austin, TX is $400,000, with a year-over-year change of -6.3%. This indicates that home prices in Wells Branch, Austin, TX are decreasing. According to Zillow, the 1-year price projection is -2.0%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$400,000-6.3%
Single Family $399,000-6.6%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$299,000-7.1%
    3 Bed
    		$389,000-6.9%
    4 Bed
    		$449,000-4.9%
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    4.7%
    1 Bedroom
    32.1%
    2 Bedrooms
    22.7%
    3 Bedrooms
    29.3%
    4 Bedrooms
    10.5%
    5+ Bedrooms
    0.7%

    Rental Trends — Wells Branch, Austin, TX

    As of July '25, Rentcast reports the average rent in Wells Branch, Austin, TX is $1,960, with a year-over-year rent change of -12.5%. Per bedroom, the median rent as of July '25 in Wells Branch, Austin, TX is studios: $1,360, 1-bedrooms: $1,130, 2-bedrooms: $1,480, 3-bedrooms: $2,190, 4-bedrooms: $2,390. The most common rental property sizes in Wells Branch, Austin, TX are 1-bedroom and 2-bedroom, accounting for 42.5% and 30.2% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$2,150$1,960
    Studio Rent $1,200$1,360
    1 Bed Rent $1,060$1,130
    2 Bed Rent $1,450$1,480
    3 Bed Rent $2,200$2,190
    4 Bed Rent $2,400$2,390
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    % of Rental Stock

    Studio
    5.6%
    1 Bedroom
    42.5%
    2 Bedrooms
    30.2%
    3 Bedrooms
    15.9%
    4 Bedrooms
    5.3%
    5+ Bedrooms
    0.5%

    Property Listings — Wells Branch, Austin, TX

    As of Dec '25, Realtor.com reports that the median days on market for a home in Wells Branch, Austin, TX is 57. This is a increase of 8.0% 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 27.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$442,000-4.0%
    Listing Count
    		3216.0%
    Listings as % of Homes0.2%16.0%
    Days on Market
    		70-1.0%
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    Demographics — Wells Branch, Austin, TX

    As of the latest ACS Survey released in 2023, Wells Branch, Austin, TX has a population of 26,800, which has increased by 24.7% over the past 5 years. Wells Branch, Austin, TX is a moderately popular place for families, as children make up 19.7% of the population. The area has a highly educated workforce, with 48.0% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 28.0% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		26,80024.7%
    % Under 18
    		19.7%-9.6%
    % Seniors
    		6.6%-29.0%
    % WFH
    		28.0%214.6%
    % w/ College Degree
    		48.0%12.4%
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    As of the latest ACS Survey released in 2023, Wells Branch, Austin, TX is a predominantly white area, with 38.7% of the population identifying as white. The white population has shrunk by 6.5% in the last 5 years. The second most common race or ethnicity in Wells Branch, Austin, TX is hispanic, making up 27.9% of the population. Foreign-born residents account for 22.8% of the population in Wells Branch, Austin, TX, and this percentage has increased by 16.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		38.7%-6.5%
    % Black
    		18.1%15.3%
    % Hispanic
    		27.9%-10.6%
    % Asian
    		10.7%16.3%
    % Foreign Born
    		22.8%16.3%
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    Mortgage and Risk — Wells Branch, Austin, TX

    According to HUD data as of 2023, there were 183 mortgage originations in Wells Branch, Austin, TX, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Wells Branch, Austin, TX. Investor activity is low, as 5.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		183
    % Conventional Loans
    		89.0%
    % Government Loans
    		11.0%
    % Investor Loans
    		5.0%
    % Second Loans
    		2.0%
    % Cash Out Refinance
    		12.0%
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    Rentals and Section 8 — Wells Branch, Austin, TX

    As of 2024, the percent of homes in Wells Branch, Austin, TX under the Section 8 program is 3.2%. 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 Wells Branch, 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
    		370
    Total Units Section 8
    		370
    % Rentals under Section 8
    		3.2%
    % Occupied Section 8
    		82.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$460$1,060$1,520
    2 Bedroom$350$1,450$1,800
    3 Bedroom$90$2,200$2,290
    4 Bedroom$260$2,400$2,660

    Affordability — Wells Branch, Austin, TX

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio6.3
    Median Home Price$400,000
    Median Household Income$74,000

    Wells Branch, Austin, TX — ZIP Code Boundary Map

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    78727

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    Frequently Asked Questions