Housing Insights for ZIP Code 78717 (Austin, TX)

Housing Summary for ZIP Code 78717

Homeowners

The median home value in ZIP Code 78717 (Austin, TX) is $369,200. Approximately 57.4% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 0.0%.

The average occupancy of owner-occupied units in ZIP Code 78717 is 3.35 occupants, while owner-occupied units have an aggregate average size of 2.99 bedrooms per housing unit.

Renters

In the 78717 ZIP Code, an estimated 42.6% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 9.5%.

Among renter-occupied units in this ZIP, the average occupancy is 2.30 occupants, while renters in this Williamson County region spend an average of 0% of their income on housing rental costs.

Housing Stats for ZIP Code 78717

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 78717.

ZIP 78717 Texas U.S.
Median Home Value $369,200 $309,101 $356,002
Owner-Occupied Housing Units 57.4% 62.0% 64.0%
Homeowner Vacancy Rate 0.0% 1.6% 1.6%
Average Size of Owner-Occupied Unit 3.35 2.99 2.70
Average # of Bedrooms Per Unit 2.99 2.75 2.75
Median Housing Rent $0 $1,045 $1,062
Renter-Occupied Housing Units 42.6% 38.0% 36.0%
Rental Vacancy Rate 9.5% 7.8% 6.0%
Average Size of Renter-Occupied Unit 2.30 2.63 2.49
Percent of Income Spent on Rent 0% 29.37% 29.83%

Home Values in ZIP Code 78717 (Austin, TX)

The median home value in ZIP Code 78717 is $369,200. That median value is about 114% higher than the median home value of $172,500 in Texas overall, and is 70% higher than the $217,500 the median home value in the entire U.S. An estimated 54.0% of homes in ZIP Code 78717 are valued $300,000 to $499,999. That is 255% higher than in the state of Texas, in which 15.2% of homes are valued at $300,000 to $499,999, and is about 180% higher than in the U.S. overall (19.3% of homes valued at $300,000 to $499,999). The home value range that the smallest portion of ZIP Code 78717 homes fall into is $50,000 to $99,999 (0.0% of homes).

Home Values in ZIP Code 78717

This chart visualizes the breakdown of home values in ZIP Code 78717, Texas, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 78717 vs. home values in both the state of Texas and in the U.S. overall.

Home Values in ZIP Code 78717

See the table below for a regional comparison of home values in ZIP Code 78717.

Home Value ZIP 78717 Texas U.S.
Less than $50,000 0.0% 8.9% 6.9%
$50,000 to $99,999 0.0% 16.5% 12.0%
$100,000 to $149,999 0.6% 16.3% 13.3%
$150,000 to $199,999 4.2% 15.9% 14.0%
$200,000 to $299,999 22.8% 19.6% 19.6%
$300,000 to $499,999 54.0% 15.2% 19.3%
$500,000 to $999,999 18.2% 6.0% 11.4%
$1,000,000 or more 0.1% 1.6% 3.4%

Home Ages in ZIP Code 78717 (Austin, TX)

Approximately 46.7% of homes in this Austin, TX region were built in 2000 to 2009. This amount of homes built in 2000 to 2009 in ZIP Code 78717 is about 142% higher than percentage of homes built in this time period in Texas overall (19.3% of homes), and is 234% higher the percentage (14.0% of homes) in the U.S. as a whole. Additionally, an esimated 18.9% of local homes were built in 1990 to 1999. On the other end of the scale, just 0.0% of homes in this Williamson County ZIP Code were built in 1939 or earlier in ZIP Code 78717. In comparison, 3.5% of homes in Texas overall were built in 1939 or earlier, while 12.6% of all U.S. homes were built in this time period.

Home Ages in ZIP Code 78717

A detailed regional comparison of home ages in ZIP Code 78717.

Year Built ZIP 78717 Texas U.S.
2014 or later 16.5% 5.1% 2.5%
2010 to 2013 12.1% 5.2% 2.7%
2000 to 2009 46.7% 19.3% 14.0%
1990 to 1999 18.9% 15.2% 13.9%
1980 to 1989 4.8% 16.2% 13.4%
1970 to 1979 0.7% 15.2% 15.2%
1960 to 1969 0.2% 9.0% 10.6%
1950 to 1959 0.0% 7.9% 10.3%
1940 to 1949 0.0% 3.3% 4.9%
1939 or earlier 0.0% 3.5% 12.6%

Age of Homes in ZIP Code 78717

See the chart below for details on the age of homes in ZIP Code 78717, Texas, and also in the U.S. overall. Data here refers to years that homes were built.

">

Housing FAQs for ZIP Code 78717

Frequently asked questions about housing in this Austin, TX ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 78717.

1

What is the average home value ZIP Code 78717?

The median home value in ZIP Code 78717 (Austin, TX) is $369,200.
2

Are homes expensive in ZIP Code 78717?

The median home value in 78717 ($369,200) is an estimated 114% higher than the aggregate median value of $172,500 in Texas, and is 70% higher than the $217,500 the median home value in the U.S. overall.
3

What are owner-occupied vacancy rates like in ZIP Code 78717?

The vacacy rate for owner-occupied housing in ZIP Code 78717 is 0.0%. This rate is 100% lower than the overall Texas owner-occupied vacancy rate of 1.6%. Additionally, the 78717 vacancy rate is 100% lower than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 78717 have older homes or newer construction?

In ZIP Code 78717, about 46.7% of homes were built in 2000 to 2009. That time range includes the most home construction. Also, 18.9% of homes in the region were built in 1990 to 1999. In contrast, 0.0% of homes in 78717 were built in 1939 or earlier.
5

What is the housing breakdown in ZIP Code 78717? Are there more rentals or owner-occupied units?

There is more owner-occupied housing in 78717 than renter-occupied housing. Owner-occupied units make up 57.4% of housing, compared to 42.6% for renter-occupied units.
6

Are rental vacancy rates high in ZIP Code 78717?

The vacacy rate for rental units in ZIP Code 78717 is 9.5%. This rate is 22% higher than the overall Texas vacancy rate of 7.8%. Additionally, the 78717 vacancy rate is 58% higher than the entire U.S. vacancy rate of 6.0%.