Canyon Creek, Austin, TX—78726
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Canyon Creek, Austin, TX
As of Nov '25, the median home price in Canyon Creek, Austin, TX is $687,000, with a year-over-year change of -5.6%. This indicates that home prices in Canyon Creek, Austin, TX are decreasing. According to Zillow, the 1-year price projection is -2.0%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $687,000 | -5.6% |
| Single Family | $716,000 | -5.5% |
| Condos | $520,000 | -4.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $545,000 | -5.9% |
4 Bed | $689,000 | -5.5% |
| 5 Bed | $806,398 | -5.3% |
% of Housing Stock
Rental Trends — Canyon Creek, Austin, TX
As of July '25, Rentcast reports the average rent in Canyon Creek, Austin, TX is $2,730, with a year-over-year rent change of -2.2%. Per bedroom, the median rent as of July '25 in Canyon Creek, Austin, TX is studios: $919, 1-bedrooms: $1,110, 2-bedrooms: $2,350, 3-bedrooms: $2,830, 4-bedrooms: $3,280. The most common rental property sizes in Canyon Creek, Austin, TX are 2-bedroom and 1-bedroom, accounting for 43.2% and 36.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,900 | $2,730 |
| Studio Rent | $919 | $919 |
| 1 Bed Rent | $1,070 | $1,110 |
| 2 Bed Rent | $2,300 | $2,350 |
| 3 Bed Rent | $2,600 | $2,830 |
| 4 Bed Rent | $3,200 | $3,280 |
% of Rental Stock
Property Listings — Canyon Creek, Austin, TX
As of Nov '25, Realtor.com reports that the median days on market for a home in Canyon Creek, Austin, TX is 85. This is a increase of 9.0% 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 23.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $754,000 | 13.0% |
Listing Count | 53 | 122.0% |
| Listings as % of Homes | 0.3% | 122.0% |
Days on Market | 85 | 9.0% |
Demographics — Canyon Creek, Austin, TX
As of the latest ACS Survey released in 2023, Canyon Creek, Austin, TX has a population of 14,100, which has increased by 1.8% over the past 5 years. Canyon Creek, Austin, TX is a moderately popular place for families, as children make up 21.2% of the population. The area has a highly educated workforce, with 62.8% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 32.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 14,100 | 1.8% |
% Under 18 | 21.2% | -10.9% |
% Seniors | 9.3% | 32.9% |
% WFH | 32.4% | 295.1% |
% w/ College Degree | 62.8% | -7.6% |
As of the latest ACS Survey released in 2023, Canyon Creek, Austin, TX is a predominantly white area, with 60.5% of the population identifying as white. The white population has grown by 1.2% in the last 5 years. The second most common race or ethnicity in Canyon Creek, Austin, TX is hispanic, making up 20.6% of the population. Foreign-born residents account for 17.9% of the population in Canyon Creek, Austin, TX, and this percentage has decreased by 7.3% 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 | 60.5% | 1.2% |
% Black | 4.2% | -2.3% |
% Hispanic | 20.6% | 49.3% |
% Asian | 14.2% | -16.5% |
% Foreign Born | 17.9% | -7.3% |
Mortgage and Risk — Canyon Creek, Austin, TX
According to HUD data as of 2023, there were 104 mortgage originations in Canyon Creek, Austin, TX, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 10.0% above 90% LTV (elevated). This implies medium mortgage risk in Canyon Creek, Austin, TX. Investor activity is low, as 4.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 104 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 4.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 8.0% |
Rentals and Section 8 — Canyon Creek, Austin, TX
As of 2024, the percent of homes in Canyon Creek, Austin, TX under the Section 8 program is 1.8%. 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. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Canyon Creek, Austin, TX, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 69 |
Total Units Section 8 | 69 |
% Rentals under Section 8 | 1.8% |
% Occupied Section 8 | 81.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $640 | $1,070 | $1,710 |
| 2 Bedroom | -$280 | $2,300 | $2,020 |
| 3 Bedroom | -$30 | $2,600 | $2,570 |
| 4 Bedroom | -$210 | $3,200 | $2,990 |
Affordability — Canyon Creek, Austin, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 8.3 |
| Median Home Price | $687,000 |
| Median Household Income | $92,300 |