Kyle, Texas · 78640
Austin area -Real Estate
Home values are down 24.2% from the December 2022 peak. Estimated PITI fell just 16.9%—and at today’s 7.28% mortgage rate, it remains 55% above 2020.
PITI = Principal, Interest, Taxes, Insurance — the four parts of a monthly house payment.
Six years, two different stories
The blue line tracks Kyle home values. The red line estimates the full monthly payment; rate labels show why falling prices have not restored 2020 affordability.
The last twelve months
Monthly values, Kyle 78640 only.
Monthly Zillow ZHVI for Kyle 78640 (Sep 2025–Aug 2026) and Freddie Mac 30-year fixed monthly averages. Entire window is Kyle-ZIP-specific. Latest ZHVI: August 2026.
The full view
Annual December values, except 2026, which uses the latest available observation for each series.
| Year | Home value | $/sq ft | Median list | Active | DOM | 30-yr rate | Est. PITI/mo |
|---|---|---|---|---|---|---|---|
| 2020 | $261,512 | $220 | $428,950 | 2,693 | 52 | 2.68% | $1,638 |
| 2021 | $366,127 | $264 | $544,500 | 2,465 | 46 | 3.10% | $2,267 |
| 2022 | $387,002 | $261 | $525,000 | 7,079 | 72 | 6.36% | $3,065 |
| 2023 | $355,145 | $267 | $539,990 | 7,318 | 74 | 6.81% | $2,928 |
| 2024 | $333,683 | $185 | $337,840 | 311 | 74 | 6.71% | $2,746 |
| 2025 | $307,121 | $174 | $334,495 | 310 | 72 | 6.19% | $2,453 |
| 2026 LATEST | $293,386 | $167 | $321,950 | 445 | 80 | 7.28% | $2,546 |
Geography: 2020–2023 listing data is Austin metro because Kyle ZIP history begins in March 2024. 2024 onward uses Kyle 78640.
Payment model: 10% down, 30-year fixed, 2% Texas property tax, and approximately $250/month insurance. Sources: Zillow ZHVI, Realtor.com, and Freddie Mac via FRED.
Before you buy
The seven checks that turn a listing price into a real decision.
- Run the complete PITI
Price the principal, interest, property tax and insurance at today’s rate—not just the mortgage payment.
- Watch Kyle price per square foot
Use the local trend to see whether pricing is still sliding, stabilizing or separating by neighborhood.
- Read inventory and days on market together
More listings and longer market time strengthen the buyer’s hand in negotiations.
- Ask for builder incentives
Lennar often puts the real deal in a rate buydown or closing-cost credit rather than a headline price cut.
- Compare new construction with resale
Measure the new-build premium per square foot against nearby homes around ten years old.
- Price the Texas gotchas
Confirm MUD/PID tax rates, HOA dues, flood zone and an actual insurance quote for the specific address.
- Set a walk-away payment
Run 6.5%, 7% and 7.5% rate scenarios before touring so your ceiling is based on cash flow, not emotion.