Crestview, Austin, TX—78757
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Crestview, Austin, TX
As of Oct '25, the median home price in Crestview, Austin, TX is $587,000, with a year-over-year change of -6.7%. This indicates that home prices in Crestview, Austin, TX are decreasing. According to Zillow, the 1-year price projection is -2.1%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $587,000 | -6.7% |
| Single Family | $626,000 | -6.1% |
| Condos | $248,000 | -10.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $184,000 | -15.2% |
2 Bed | $456,000 | -6.2% |
3 Bed | $629,000 | -6.5% |
4 Bed | $880,000 | -5.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Crestview, Austin, TX
As of July '25, Rentcast reports the average rent in Crestview, Austin, TX is $2,130, with a year-over-year rent change of -13.8%. Per bedroom, the median rent as of July '25 in Crestview, Austin, TX is studios: $1,120, 1-bedrooms: $1,230, 2-bedrooms: $1,720, 3-bedrooms: $2,980, 4-bedrooms: $4,850. The most common rental property sizes in Crestview, Austin, TX are 2-bedroom and 1-bedroom, accounting for 40.6% and 38.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,750 | $2,130 |
| Studio Rent | $1,250 | $1,120 |
| 1 Bed Rent | $1,200 | $1,230 |
| 2 Bed Rent | $1,680 | $1,720 |
| 3 Bed Rent | $3,000 | $2,980 |
| 4 Bed Rent | $4,300 | $4,850 |
% of Rental Stock
Property Listings — Crestview, Austin, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Crestview, Austin, TX is 59. 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 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $736,000 | -3.0% |
Listing Count | 163 | -1.0% |
| Listings as % of Homes | 0.7% | -1.0% |
Days on Market | 59 | -4.0% |
Demographics — Crestview, Austin, TX
As of the latest ACS Survey released in 2023, Crestview, Austin, TX has a population of 24,300, which has decreased by -2.0% over the past 5 years. Crestview, Austin, TX is a moderately popular place for families, as children make up 19.3% of the population. The area has a highly educated workforce, with 67.7% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 32.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 24,300 | -2.0% |
% Under 18 | 19.3% | -6.8% |
% Seniors | 13.4% | 18.6% |
% WFH | 32.8% | 215.4% |
% w/ College Degree | 67.7% | 17.3% |
As of the latest ACS Survey released in 2023, Crestview, Austin, TX is a predominantly white area, with 67.2% of the population identifying as white. The white population has shrunk by 2.3% in the last 5 years. The second most common race or ethnicity in Crestview, Austin, TX is hispanic, making up 20.5% of the population. Foreign-born residents account for 10.3% of the population in Crestview, Austin, TX, and this percentage has decreased by 22.6% 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 | 67.2% | -2.3% |
% Black | 3.8% | 192.3% |
% Hispanic | 20.5% | -15.6% |
% Asian | 4.3% | 30.3% |
% Foreign Born | 10.3% | -22.6% |
Mortgage and Risk — Crestview, Austin, TX
According to HUD data as of 2023, there were 385 mortgage originations in Crestview, Austin, TX, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 11.0% above 90% LTV (elevated). This implies medium mortgage risk in Crestview, Austin, TX. Investor activity is low, as 3.0% 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 | 385 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 3.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Crestview, Austin, TX
As of 2024, the percent of homes in Crestview, Austin, TX under the Section 8 program is 3.6%. 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 units appear to be good home sizes to consider for Section 8 housing in Crestview, Austin, TX, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 164 |
Total Units Section 8 | 154 |
% Rentals under Section 8 | 3.6% |
% Occupied Section 8 | 91.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $370 | $1,200 | $1,570 |
| 2 Bedroom | $170 | $1,680 | $1,850 |
| 3 Bedroom | -$640 | $3,000 | $2,360 |
| 4 Bedroom | -$1,560 | $4,300 | $2,740 |
Affordability — Crestview, Austin, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.7 |
| Median Home Price | $587,000 |
| Median Household Income | $105,000 |