Hyde Park, Austin, TX—78751
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hyde Park, Austin, TX
As of Oct '25, the median home price in Hyde Park, Austin, TX is $600,000, with a year-over-year change of -5.0%. This indicates that home prices in Hyde Park, Austin, TX are decreasing. According to Zillow, the 1-year price projection is -2.4%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $600,000 | -5.0% |
| Single Family | $644,000 | -5.2% |
| Condos | $311,000 | -7.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $247,000 | -2.8% |
2 Bed | $505,000 | -5.3% |
3 Bed | $689,000 | -5.2% |
4 Bed | $906,000 | -4.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Hyde Park, Austin, TX
As of July '25, Rentcast reports the average rent in Hyde Park, Austin, TX is $2,080, with a year-over-year rent change of -8.4%. Per bedroom, the median rent as of July '25 in Hyde Park, Austin, TX is studios: $986, 1-bedrooms: $1,180, 2-bedrooms: $1,960, 3-bedrooms: $3,070, 4-bedrooms: $3,330. The most common rental property sizes in Hyde Park, Austin, TX are 2-bedroom and 1-bedroom, accounting for 37.3% and 37.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,700 | $2,080 |
| Studio Rent | $995 | $986 |
| 1 Bed Rent | $1,100 | $1,180 |
| 2 Bed Rent | $1,900 | $1,960 |
| 3 Bed Rent | $3,000 | $3,070 |
| 4 Bed Rent | $3,200 | $3,330 |
% of Rental Stock
Property Listings — Hyde Park, Austin, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Hyde Park, Austin, TX is 91. This is a decrease of -2.0% 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 30.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $630,000 | -6.0% |
Listing Count | 93 | 13.0% |
| Listings as % of Homes | 0.3% | 13.0% |
Days on Market | 91 | -2.0% |
Demographics — Hyde Park, Austin, TX
As of the latest ACS Survey released in 2023, Hyde Park, Austin, TX has a population of 16,000, which has increased by 1.4% over the past 5 years. Hyde Park, Austin, TX is a less popular place for families, as children make up 7.1% of the population. The area has a highly educated workforce, with 76.9% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 31.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 16,000 | 1.4% |
% Under 18 | 7.1% | -29.0% |
% Seniors | 5.7% | -1.7% |
% WFH | 31.3% | 216.2% |
% w/ College Degree | 76.9% | 6.8% |
As of the latest ACS Survey released in 2023, Hyde Park, Austin, TX is a predominantly white area, with 64.6% of the population identifying as white. The white population has shrunk by 8.5% in the last 5 years. The second most common race or ethnicity in Hyde Park, Austin, TX is hispanic, making up 23.0% of the population. Foreign-born residents account for 10.9% of the population in Hyde Park, Austin, TX, and this percentage has decreased by 0.9% 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 | 64.6% | -8.5% |
% Black | 2.1% | -36.4% |
% Hispanic | 23.0% | 33.7% |
% Asian | 7.8% | 27.9% |
% Foreign Born | 10.9% | -0.9% |
Mortgage and Risk — Hyde Park, Austin, TX
According to HUD data as of 2023, there were 114 mortgage originations in Hyde Park, Austin, TX, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 8.0% above 90% LTV (normal). This implies small mortgage risk in Hyde Park, Austin, TX. Investor activity is low, as 10.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 114 |
% Conventional Loans | 97.0% |
% Government Loans | 3.0% |
% Investor Loans | 10.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Hyde Park, Austin, TX
As of 2024, the percent of homes in Hyde Park, Austin, TX under the Section 8 program is 0.5%. 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. 1-bedroom and 2-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Hyde Park, Austin, TX, because HUD payments exceed market rent, while 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 46 |
Total Units Section 8 | 46 |
% Rentals under Section 8 | 0.5% |
% Occupied Section 8 | 80.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $880 | $1,100 | $1,980 |
| 2 Bedroom | $440 | $1,900 | $2,340 |
| 3 Bedroom | -$20 | $3,000 | $2,980 |
| 4 Bedroom | $260 | $3,200 | $3,460 |
Affordability — Hyde Park, Austin, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 8.4 |
| Median Home Price | $600,000 |
| Median Household Income | $81,700 |