Colony Park, Austin, TX—78725
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Colony Park, Austin, TX
As of Oct '25, the median home price in Colony Park, Austin, TX is $277,000, with a year-over-year change of -8.4%. This indicates that home prices in Colony Park, 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 | $277,000 | -8.4% |
| Single Family | $283,000 | -8.1% |
| Condos | $224,000 | -10.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $225,000 | -10.7% |
3 Bed | $278,000 | -8.3% |
4 Bed | $322,000 | -5.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Colony Park, Austin, TX
As of July '25, Rentcast reports the average rent in Colony Park, Austin, TX is $1,940, with a year-over-year rent change of -8.9%. Per bedroom, the median rent as of July '25 in Colony Park, Austin, TX is 1-bedrooms: $801, 2-bedrooms: $1,600, 3-bedrooms: $1,930, 4-bedrooms: $2,150. The most common rental property sizes in Colony Park, Austin, TX are 3-bedroom and 4-bedroom, accounting for 64.6% and 29.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,890 | $1,940 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $801 | $801 |
| 2 Bed Rent | $1,550 | $1,600 |
| 3 Bed Rent | $1,850 | $1,930 |
| 4 Bed Rent | $2,100 | $2,150 |
% of Rental Stock
Property Listings — Colony Park, Austin, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Colony Park, Austin, TX is 72. This is a increase of 46.0% 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 15.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $288,000 | -11.0% |
Listing Count | 54 | 26.0% |
| Listings as % of Homes | 0.6% | 26.0% |
Days on Market | 72 | 46.0% |
Demographics — Colony Park, Austin, TX
As of the latest ACS Survey released in 2023, Colony Park, Austin, TX has a population of 10,800, which has increased by 37.1% over the past 5 years. Colony Park, Austin, TX is a moderately popular place for families, as children make up 21.5% of the population. The area has a moderately educated workforce, with 35.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,800 | 37.1% |
% Under 18 | 21.5% | -19.2% |
% Seniors | 8.1% | 22.7% |
% WFH | 22.4% | 873.9% |
% w/ College Degree | 35.6% | 78.0% |
As of the latest ACS Survey released in 2023, Colony Park, Austin, TX is a predominantly hispanic area, with 52.9% of the population identifying as hispanic. The hispanic population has shrunk by 9.3% in the last 5 years. The second most common race or ethnicity in Colony Park, Austin, TX is white, making up 33.3% of the population. Foreign-born residents account for 16.7% of the population in Colony Park, Austin, TX, and this percentage has decreased by 10.7% 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 | 33.3% | 70.8% |
% Black | 8.7% | -52.2% |
% Hispanic | 52.9% | -9.3% |
% Asian | 2.9% | 123.1% |
% Foreign Born | 16.7% | -10.7% |
Mortgage and Risk — Colony Park, Austin, TX
According to HUD data as of 2023, there were 134 mortgage originations in Colony Park, Austin, TX, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 43.0% above 90% LTV (very high). This implies large mortgage risk in Colony Park, Austin, TX. Investor activity is low, as 10.0% of loans were by investors. 20.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 134 |
% Conventional Loans | 73.0% |
% Government Loans | 27.0% |
% Investor Loans | 10.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 20.0% |
Loan Activity
Rentals and Section 8 — Colony Park, Austin, TX
As of 2024, the percent of homes in Colony Park, Austin, TX under the Section 8 program is 6.8%. 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 Colony Park, 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 | 76 |
Total Units Section 8 | 76 |
% Rentals under Section 8 | 6.8% |
% Occupied Section 8 | 81.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $1,359 | $801 | $2,160 |
| 2 Bedroom | $1,000 | $1,550 | $2,550 |
| 3 Bedroom | $1,400 | $1,850 | $3,250 |
| 4 Bedroom | $1,670 | $2,100 | $3,770 |
Affordability — Colony Park, Austin, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $277,000 |
| Median Household Income | $103,000 |