78705, Austin, TX

The 78705 zip code of Austin, TX has a median home value of $269,000 and a median home equity value of $147,000. The homeownership rate in the 78705 zip code is 68.4%. The percentage of homes that are owner-occupied is higher than the national average. The percentage of homes that are renter-occupied is lower than the national average. This may be due to the high number of college students who live in this area.

The 78705 zip code has a higher than average percentage of single family homes and a lower than average percentage of multi-family homes. This may be due to the high number of college students who live in this area or because there are not enough available housing units for everyone who wants to live here.