Anderson Mill, Austin, TX—78729
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Anderson Mill, Austin, TX
As of Oct '25, the median home price in Anderson Mill, Austin, TX is $428,000, with a year-over-year change of -5.8%. This indicates that home prices in Anderson Mill, Austin, TX are decreasing. According to Zillow, the 1-year price projection is -2.5%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $428,000 | -5.8% |
| Single Family | $436,000 | -5.6% |
| Condos | $343,000 | -5.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $288,000 | -10.0% |
3 Bed | $403,000 | -6.3% |
4 Bed | $486,000 | -5.8% |
| 5 Bed | $614,000 | -5.2% |
% of Housing Stock
Rental Trends — Anderson Mill, Austin, TX
As of July '25, Rentcast reports the average rent in Anderson Mill, Austin, TX is $1,940, with a year-over-year rent change of -4.0%. Per bedroom, the median rent as of July '25 in Anderson Mill, Austin, TX is studios: $800, 1-bedrooms: $1,050, 2-bedrooms: $1,550, 3-bedrooms: $2,080, 4-bedrooms: $2,520. The most common rental property sizes in Anderson Mill, Austin, TX are 1-bedroom and 2-bedroom, accounting for 39.8% and 31.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,900 | $1,940 |
| Studio Rent | $704 | $800 |
| 1 Bed Rent | $1,050 | $1,050 |
| 2 Bed Rent | $1,550 | $1,550 |
| 3 Bed Rent | $2,100 | $2,080 |
| 4 Bed Rent | $2,400 | $2,520 |
% of Rental Stock
Property Listings — Anderson Mill, Austin, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Anderson Mill, Austin, TX is 76. This is a decrease of -4.0% 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 39.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $470,000 | 7.0% |
Listing Count | 102 | 17.0% |
| Listings as % of Homes | 0.3% | 17.0% |
Days on Market | 76 | -4.0% |
Demographics — Anderson Mill, Austin, TX
As of the latest ACS Survey released in 2023, Anderson Mill, Austin, TX has a population of 30,400, which has increased by 3.8% over the past 5 years. Anderson Mill, Austin, TX is a moderately popular place for families, as children make up 18.0% of the population. The area has a highly educated workforce, with 61.2% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 26.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 30,400 | 3.8% |
% Under 18 | 18.0% | -4.3% |
% Seniors | 8.6% | -15.7% |
% WFH | 26.9% | 320.3% |
% w/ College Degree | 61.2% | 18.6% |
As of the latest ACS Survey released in 2023, Anderson Mill, Austin, TX is a predominantly white area, with 53.4% of the population identifying as white. The white population has shrunk by 12.9% in the last 5 years. The second most common race or ethnicity in Anderson Mill, Austin, TX is hispanic, making up 23.0% of the population. Foreign-born residents account for 16.2% of the population in Anderson Mill, Austin, TX, and this percentage has increased by 1.2% 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 | 53.4% | -12.9% |
% Black | 9.2% | 50.8% |
% Hispanic | 23.0% | 11.1% |
% Asian | 10.9% | 17.2% |
% Foreign Born | 16.2% | 1.2% |
Mortgage and Risk — Anderson Mill, Austin, TX
According to HUD data as of 2023, there were 250 mortgage originations in Anderson Mill, Austin, TX, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Anderson Mill, 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
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 250 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Anderson Mill, Austin, TX
As of 2024, the percent of homes in Anderson Mill, Austin, TX under the Section 8 program is 0.2%. 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 Anderson Mill, 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 | 58 |
Total Units Section 8 | 34 |
% Rentals under Section 8 | 0.2% |
% Occupied Section 8 | 79.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $570 | $1,050 | $1,620 |
| 2 Bedroom | $360 | $1,550 | $1,910 |
| 3 Bedroom | $330 | $2,100 | $2,430 |
| 4 Bedroom | $420 | $2,400 | $2,820 |
Affordability — Anderson Mill, Austin, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6 |
| Median Home Price | $428,000 |
| Median Household Income | $81,600 |