View in Interactive Map
  1. Home
  2. /Browse ZIP Codes
  3. /Texas
  4. /Austin
  5. /Southpark Meadows, Austin, TX - 78748

Southpark Meadows, Austin, TX—78748

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$408,000
5.7% YoY Growth
Household Income
$108,000
38.5% YoY Growth
Days on Market
50
7.0% Longer YoY
Home Price Forecast
-4.4%
Median Rent
$2,100
5.5% YoY Growth
1-Bed Rent
$1,050
7.4% YoY Growth
2-Bed Rent
$1,600
4.2% YoY Growth
3-Bed Rent
$2,280
2.5% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Southpark Meadows, Austin, TX

As of May '26, the median home price in Southpark Meadows, Austin, TX is $408,000, with a year-over-year change of -5.7%. This indicates that home prices in Southpark Meadows, Austin, TX are decreasing. According to Zillow, the 1-year price projection is -4.4%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$408,000-5.7%
Single Family $417,000-5.4%
Condos $360,000-5.3%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

Browse ZIP Codes by State

All states and cities →
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • District of Columbia
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Puerto Rico
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Wyoming
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$307,000-9.4%
    3 Bed
    		$392,000-5.5%
    4 Bed
    		$469,000-5.3%
    5 Bed $584,270-3.4%
    Loading chart...

    % of Housing Stock

    Studio
    2.6%
    1 Bedroom
    15.2%
    2 Bedrooms
    21.3%
    3 Bedrooms
    42.9%
    4 Bedrooms
    15.7%
    5+ Bedrooms
    2.3%

    Rental Trends — Southpark Meadows, Austin, TX

    As of July '25, Rentcast reports the average rent in Southpark Meadows, Austin, TX is $2,060, with a year-over-year rent change of -5.5%. Per bedroom, the median rent as of July '25 in Southpark Meadows, Austin, TX is studios: $1,160, 1-bedrooms: $1,120, 2-bedrooms: $1,610, 3-bedrooms: $2,300, 4-bedrooms: $2,670. The most common rental property sizes in Southpark Meadows, Austin, TX are 2-bedroom and 1-bedroom, accounting for 41.2% and 31.9% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$2,100$2,060
    Studio Rent $1,100$1,160
    1 Bed Rent $1,050$1,120
    2 Bed Rent $1,600$1,610
    3 Bed Rent $2,280$2,300
    4 Bed Rent $2,650$2,670
    Loading chart...

    % of Rental Stock

    Studio
    6.0%
    1 Bedroom
    31.9%
    2 Bedrooms
    41.2%
    3 Bedrooms
    14.1%
    4 Bedrooms
    6.3%
    5+ Bedrooms
    0.5%

    Property Listings — Southpark Meadows, Austin, TX

    As of May '26, Realtor.com reports that the median days on market for a home in Southpark Meadows, Austin, TX is 50. This is a increase of 7.0% 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 32.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$422,000-11.0%
    Listing Count
    		214-14.0%
    Listings as % of Homes0.4%-14.0%
    Days on Market
    		507.0%
    Loading chart...

    Demographics — Southpark Meadows, Austin, TX

    As of the latest ACS Survey released in 2023, Southpark Meadows, Austin, TX has a population of 54,900, which has increased by 7.7% over the past 5 years. Southpark Meadows, Austin, TX is a moderately popular place for families, as children make up 19.5% of the population. The area has a highly educated workforce, with 56.3% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 30.8% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		54,9007.7%
    % Under 18
    		19.5%-12.2%
    % Seniors
    		11.3%29.9%
    % WFH
    		30.8%413.3%
    % w/ College Degree
    		56.3%25.7%
    Loading chart...

    As of the latest ACS Survey released in 2023, Southpark Meadows, Austin, TX is a predominantly white area, with 48.9% of the population identifying as white. The white population has shrunk by 1.8% in the last 5 years. The second most common race or ethnicity in Southpark Meadows, Austin, TX is hispanic, making up 34.9% of the population. Foreign-born residents account for 9.9% of the population in Southpark Meadows, Austin, TX, and this percentage has decreased by 14.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		48.9%-1.8%
    % Black
    		5.6%-11.1%
    % Hispanic
    		34.9%-3.6%
    % Asian
    		5.8%20.8%
    % Foreign Born
    		9.9%-14.7%
    Loading chart...

    Mortgage and Risk — Southpark Meadows, Austin, TX

    According to HUD data as of 2023, there were 596 mortgage originations in Southpark Meadows, Austin, TX, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Southpark Meadows, Austin, TX. Investor activity is low, as 2.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		596
    % Conventional Loans
    		89.0%
    % Government Loans
    		11.0%
    % Investor Loans
    		2.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		16.0%
    Loading chart...
    Loading chart...

    Rentals and Section 8 — Southpark Meadows, Austin, TX

    As of 2024, the percent of homes in Southpark Meadows, Austin, TX under the Section 8 program is 2.2%. 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 Southpark Meadows, 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
    		232
    Total Units Section 8
    		226
    % Rentals under Section 8
    		2.2%
    % Occupied Section 8
    		81.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$740$1,050$1,790
    2 Bedroom$510$1,600$2,110
    3 Bedroom$410$2,280$2,690
    4 Bedroom$470$2,650$3,120

    Affordability — Southpark Meadows, Austin, TX

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio4.7
    Median Home Price$408,000
    Median Household Income$108,000

    Southpark Meadows, Austin, TX — ZIP Code Boundary Map

    Loading map...

    Nearby ZIP Codes

    Little Elm, Austin, TX

    78652

    South Austin, Austin, TX

    78745

    Circle C Ranch, Austin, TX

    78749

    Shady Hollow, Austin, TX

    78739

    Buda, TX

    78610

    Frequently Asked Questions