South Austin, Austin, TX—78745
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in South Austin, Austin, TX
Home Price Trends — South Austin, Austin, TX
As of Oct '25, the median home price in South Austin, Austin, TX is $416,000, with a year-over-year change of -7.8%. This indicates that home prices in South Austin, 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 | $416,000 | -7.8% |
| Single Family | $424,000 | -8.2% |
| Condos | $348,000 | -6.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $266,000 | -2.6% |
2 Bed | $360,000 | -5.8% |
3 Bed | $443,000 | -7.3% |
4 Bed | $517,000 | -6.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — South Austin, Austin, TX
As of July '25, Rentcast reports the average rent in South Austin, Austin, TX is $1,970, with a year-over-year rent change of -5.3%. Per bedroom, the median rent as of July '25 in South Austin, Austin, TX is studios: $1,040, 1-bedrooms: $1,240, 2-bedrooms: $1,720, 3-bedrooms: $2,480, 4-bedrooms: $3,000. The most common rental property sizes in South Austin, Austin, TX are 1-bedroom and 2-bedroom, accounting for 36.1% and 34.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,800 | $1,970 |
| Studio Rent | $1,000 | $1,040 |
| 1 Bed Rent | $1,220 | $1,240 |
| 2 Bed Rent | $1,600 | $1,720 |
| 3 Bed Rent | $2,400 | $2,480 |
| 4 Bed Rent | $2,850 | $3,000 |
% of Rental Stock
Property Listings — South Austin, Austin, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in South Austin, Austin, TX is 75. This is a increase of 24.0% 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 41.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $482,000 | -5.0% |
Listing Count | 368 | 21.0% |
| Listings as % of Homes | 0.5% | 21.0% |
Days on Market | 75 | 24.0% |
Demographics — South Austin, Austin, TX
As of the latest ACS Survey released in 2023, South Austin, Austin, TX has a population of 61,100, which has decreased by -2.6% over the past 5 years. South Austin, Austin, TX is a moderately popular place for families, as children make up 15.0% of the population. The area has a highly educated workforce, with 53.9% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 26.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 61,100 | -2.6% |
% Under 18 | 15.0% | -10.2% |
% Seniors | 13.5% | 29.8% |
% WFH | 26.3% | 331.1% |
% w/ College Degree | 53.9% | 35.1% |
As of the latest ACS Survey released in 2023, South Austin, Austin, TX is a predominantly white area, with 54.1% of the population identifying as white. The white population has grown by 8.4% in the last 5 years. The second most common race or ethnicity in South Austin, Austin, TX is hispanic, making up 35.2% of the population. Foreign-born residents account for 11.4% of the population in South Austin, Austin, TX, and this percentage has decreased by 17.4% 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 | 54.1% | 8.4% |
% Black | 3.7% | -24.5% |
% Hispanic | 35.2% | -13.3% |
% Asian | 3.5% | 34.6% |
% Foreign Born | 11.4% | -17.4% |
Mortgage and Risk — South Austin, Austin, TX
According to HUD data as of 2023, there were 554 mortgage originations in South Austin, Austin, TX, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in South Austin, 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 | 554 |
% Conventional Loans | 93.0% |
% Government Loans | 7.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — South Austin, Austin, TX
As of 2024, the percent of homes in South Austin, Austin, TX under the Section 8 program is 4.1%. 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 South Austin, 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 | 635 |
Total Units Section 8 | 624 |
% Rentals under Section 8 | 4.1% |
% Occupied Section 8 | 85.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $480 | $1,220 | $1,700 |
| 2 Bedroom | $410 | $1,600 | $2,010 |
| 3 Bedroom | $160 | $2,400 | $2,560 |
| 4 Bedroom | $120 | $2,850 | $2,970 |
Affordability — South Austin, Austin, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.9 |
| Median Home Price | $416,000 |
| Median Household Income | $84,500 |