Burnet, TX—78611
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Burnet, TX
Burnet, TX lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $408,000 | -3.8% |
| Single Family | $408,000 | -3.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $276,000 | -5.8% |
3 Bed | $362,000 | -3.5% |
4 Bed | $540,000 | -0.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Burnet, TX
As of July '25, Rentcast reports the average rent in Burnet, TX is $2,200, with a year-over-year rent change of 1.9%. Per bedroom, the median rent as of July '25 in Burnet, TX is 1-bedrooms: $880, 2-bedrooms: $1,690, 3-bedrooms: $1,960, 4-bedrooms: $6,110. The most common rental property sizes in Burnet, TX are 2-bedroom and 3-bedroom, accounting for 37.1% and 34.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,800 | $2,200 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,000 | $880 |
| 2 Bed Rent | $1,380 | $1,690 |
| 3 Bed Rent | $2,000 | $1,960 |
| 4 Bed Rent | $4,000 | $6,110 |
% of Rental Stock
Property Listings — Burnet, TX
As of Nov '25, Realtor.com reports that the median days on market for a home in Burnet, TX is 94. This is a decrease of -5.0% 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 23.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $564,000 | -9.0% |
Listing Count | 213 | 16.0% |
| Listings as % of Homes | 1.5% | 16.0% |
Days on Market | 94 | -5.0% |
Demographics — Burnet, TX
As of the latest ACS Survey released in 2023, Burnet, TX has a population of 14,500, which has increased by 8.6% over the past 5 years. Burnet, TX is a moderately popular place for families, as children make up 16.5% of the population. The area has a moderately educated workforce, with 27.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 14,500 | 8.6% |
% Under 18 | 16.5% | -17.9% |
% Seniors | 26.7% | 35.5% |
% WFH | 11.9% | 40.0% |
% w/ College Degree | 27.6% | 24.9% |
As of the latest ACS Survey released in 2023, Burnet, TX is a predominantly white area, with 76.4% 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 Burnet, TX is hispanic, making up 15.8% of the population. Foreign-born residents account for 5.6% of the population in Burnet, TX, and this percentage has increased by 80.6% 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 | 76.4% | -0.4% |
% Black | 2.9% | 93.3% |
% Hispanic | 15.8% | -15.5% |
% Asian | 1.0% | 233.3% |
% Foreign Born | 5.6% | 80.6% |
Mortgage and Risk — Burnet, TX
According to HUD data as of 2023, there were 363 mortgage originations in Burnet, TX, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Burnet, 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 | 363 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 3.0% |
% Second Loans | 6.0% |
% Cash Out Refinance | 9.0% |
Rentals and Section 8 — Burnet, TX
Burnet, TX lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 188 |
Total Units Section 8 | 148 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 97.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$190 | $1,000 | $810 |
| 2 Bedroom | -$320 | $1,380 | $1,060 |
| 3 Bedroom | -$550 | $2,000 | $1,450 |
| 4 Bedroom | -$2,350 | $4,000 | $1,650 |
Affordability — Burnet, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.8 |
| Median Home Price | $408,000 |
| Median Household Income | $78,200 |