Lampasas, TX—76550
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lampasas, TX
As of Oct '25, the median home price in Lampasas, TX is $295,000, with a year-over-year change of 0.5%. This indicates that home prices in Lampasas, TX are flat. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $295,000 | 0.5% |
| Single Family | $295,000 | 0.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $186,000 | -1.1% |
3 Bed | $279,000 | 0.0% |
4 Bed | $397,000 | 1.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Lampasas, TX
As of July '25, Rentcast reports the average rent in Lampasas, TX is $1,360, with a year-over-year rent change of -17.6%. Per bedroom, the median rent as of July '25 in Lampasas, TX is studios: $1,500, 1-bedrooms: $672, 2-bedrooms: $954, 3-bedrooms: $1,780, 4-bedrooms: $2,010. The most common rental property sizes in Lampasas, TX are 2-bedroom and 3-bedroom, accounting for 49.9% and 27.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,360 |
| Studio Rent | $1,500 | $1,500 |
| 1 Bed Rent | $600 | $672 |
| 2 Bed Rent | $950 | $954 |
| 3 Bed Rent | $1,600 | $1,780 |
| 4 Bed Rent | $1,800 | $2,010 |
% of Rental Stock
Property Listings — Lampasas, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Lampasas, TX is 80. This is a increase of 15.0% 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 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $395,000 | 6.0% |
Listing Count | 114 | 50.0% |
| Listings as % of Homes | 0.8% | 50.0% |
Days on Market | 80 | 15.0% |
Demographics — Lampasas, TX
As of the latest ACS Survey released in 2023, Lampasas, TX has a population of 13,700, which has increased by 6.2% over the past 5 years. Lampasas, TX is a moderately popular place for families, as children make up 22.6% of the population. The area has a poorly educated workforce, with 21.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 13,700 | 6.2% |
% Under 18 | 22.6% | -7.4% |
% Seniors | 22.1% | 16.3% |
% WFH | 6.1% | 52.5% |
% w/ College Degree | 21.6% | 10.2% |
As of the latest ACS Survey released in 2023, Lampasas, TX is a predominantly white area, with 71.8% of the population identifying as white. The white population has shrunk by 0.4% in the last 5 years. The second most common race or ethnicity in Lampasas, TX is hispanic, making up 21.1% of the population. Foreign-born residents account for 4.5% of the population in Lampasas, TX, and this percentage has increased by 25.0% 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 | 71.8% | -0.4% |
% Black | 1.5% | -42.3% |
% Hispanic | 21.1% | -5.4% |
% Asian | 0.8% | -46.7% |
% Foreign Born | 4.5% | 25.0% |
Mortgage and Risk — Lampasas, TX
According to HUD data as of 2023, there were 172 mortgage originations in Lampasas, TX, of which 65.0% of loans were conventional mortgages. The average loan-to-value was 77.0%, with 41.0% above 90% LTV (very high). This implies large mortgage risk in Lampasas, 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 | 172 |
% Conventional Loans | 65.0% |
% Government Loans | 35.0% |
% Investor Loans | 5.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Lampasas, TX
As of 2024, the percent of homes in Lampasas, TX under the Section 8 program is 6.3%. 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 Lampasas, TX, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 81 |
Total Units Section 8 | 81 |
% Rentals under Section 8 | 6.3% |
% Occupied Section 8 | 86.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $200 | $600 | $800 |
| 2 Bedroom | $80 | $950 | $1,030 |
| 3 Bedroom | -$150 | $1,600 | $1,450 |
| 4 Bedroom | -$180 | $1,800 | $1,620 |
Affordability — Lampasas, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4 |
| Median Home Price | $295,000 |
| Median Household Income | $73,700 |