Top 5 Most Recession-Proof ZIP Codes in the Austin Metro Area
Recession-proof housing refers to properties that tend to retain their value and remain in demand even during economic downturns. These are typically properties that serve basic needs, such as shelter and safety, and are located in areas with stable job markets and low unemployment rates. Examples of recession-proof housing include affordable rental properties, multifamily buildings, and single-family homes in desirable neighborhoods.
During a recession, demand for luxury homes and high-end properties typically decreases, while demand for affordable housing and rental properties tends to increase. As a result, recession-proof housing can provide a more stable and reliable investment opportunity for those looking to invest in real estate.
Anti-Recessionary ZIP codes*
78704 – +39.77% Year-over-Year
Located in the heart of Austin, Texas, 78704 is a highly desirable zip code known for its vibrant and eclectic culture, excellent restaurants and bars, and proximity to downtown. The area is home to a mix of young professionals, artists, and families, and offers a variety of housing options, from trendy apartments to historic bungalows.
78633 – +12.65% Year-over-Year
Located in Georgetown, Texas, 78633 is a suburban zip code with a more relaxed and laid-back lifestyle. The area is popular among retirees and families, and offers a variety of outdoor activities, including hiking, boating, and fishing. Housing options in 78633 include single-family homes and townhouses, many of which are newer construction.
78610 – +4.71% Year-over-Year
Located in Buda, Texas, 78610 is another suburban zip code that offers a more affordable cost of living compared to nearby Austin. The area has seen significant growth in recent years, with new housing developments and retail centers popping up to accommodate the influx of residents. Housing options in 78610 include single-family homes and apartments.
78641 – +4.47% Year-over-Year
Located in Leander, Texas, 78641 is a growing suburban area that offers a mix of new housing developments and older, established neighborhoods. The area is popular among families and young professionals, and offers a variety of outdoor activities, including hiking, biking, and boating. Housing options in 78641 include single-family homes and apartments.
78634 – +4.06% Year-over-Year
Located in Hutto, Texas, 78634 is a small, family-friendly community that offers a slower pace of life compared to nearby Austin. The area is known for its excellent schools and affordable housing options, which include single-family homes and townhouses. Despite its small size, 78634 offers plenty of amenities, including parks, shopping centers, and restaurants.
*All data is extracted from Austin MLS, with a focus on single-family home sales in January of ’22 and ’23.
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