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An appreciation-lean market without the demand pressure to back it. The rent math runs thin.
What would change this read: a price correction (median already +10.0% YoY) or rent growth lifting rent-to-price toward 0.8%/mo would move this ZIP toward a cash-flow story. inventory, −21.1% YoY, is the number to watch.
The median listing price is up 10.0% YoY while the median home got up 4.8% bigger, so value per square foot is up 1.4%.
Min/max come from the active-listing pool; the median comes from Realtor's separate listing set — the two are not subsets of each other, so the median's position relative to the tiles above should not be read literally.
At the median, a $799K purchase rents for $1,600/mo: 0.20% of price per month against the 1% rule's 1.00%.
Not shown: Studio (rent only, no matching sale price), 6 BR (sale only, no matching rent), 8 BR (sale only, no matching rent).
Sales here take about 7 days longer to go under contract than rentals (median across 3 property types).
Not shown: Apartment (rented here, not sold), Land (sold here, not rented), Townhouse (rented here, not sold).
U.S. Census ACS characteristics for ZIP 78756 itself, not its parent county.
Renters hold 57.0% of this ZIP's 4,637 occupied households, on a median household income of $95K.
| Measure | ZIP 78756 | Travis County | Difference |
|---|---|---|---|
| Median Household Income | $95K | $100K | -$5K |
| Below Poverty Level | 15.7% | 10.9% | +4.8% |
| Median Age | 36.20 | 35.60 | +0.60 |
| Total Population | 9,197 | 1,330,015 | -- |
| Avg Household Size | 1.81 | 2.23 | -0.42 |
| Owner-Occupied | 43.0% | 52.1% | -9.1% |
| Worked From Home | 43.7% | 30.2% | +13.5% |
| Mean Commute | 18.00 | 25.20 | -7.20 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is up 1.7% to 1,330,015: residents under 18 are up 0.2% and those 65 and over are up 4.6%.
County median household income is $100K, 10.9% of residents are below the poverty level, 30.2% work from home.