Austin

Why you'd want to live in Austin

With the slogan “Keep Austin Weird,” this Texas city is laid-back to the point that if you’re dressing up, it must be a life event. People here enjoy the outdoors, even more so with their dogs. Austin has a contagious vibrancy and enthusiasm. The downtown core is set on a grid, planned that way in the late 1830s. In the last decade, high-rise residential and commercial space has increased downtown, and that trend continues. Some people move here because they want to work for one of the companies headquartered in Austin. At times, the city can be a who’s who of technology, although government, education and health care are top job sectors as well. And some people come here for college and never leave. Austin attracts many visitors with its live music events. It’s one of the top things to do in Austin, though there’s more music to enjoy than during the South by Southwest and Austin City Limits festivals. As the live music capital of the world, Austin serenades its residents with live music in the airport terminal, on the downtown streets and at about 200 venues in the area. via realestate.usnews.com

Austin Market Report

$1,033,573

AVERAGE PRICE OF 4,707 HOMES

$966,519

AVERAGE PRICE OF 31 DISTRESSED HOMES

$2,346,354

AVERAGE PRICE OF 1,226 MULTI-MILLION DOLLAR HOMES

$1,079,028

AVERAGE PRICE OF 1,079 NEWLY BUILT HOMES

$1,923,529

AVERAGE PRICE OF 720 HOMES WITH A POOL

$948,607

AVERAGE PRICE OF 312 REDUCED PRICE HOMES

Average Home

Average Price $1,033,573
Avg Bedrooms 2.75 beds
Avg Bathrooms 2.41 baths

Average Price by Bedrooms

1 bedroom $548,550
2 bedrooms $654,419
3 bedrooms $750,135
4 bedrooms $1,105,176
5 bedrooms $2,185,602
Austin Home Price Trends
  2/2023 1/2023 12/2022 11/2022 10/2022
Total Listings 4,056 3,879 4,327 4,900 5,220
Average Price $1,006,262 $997,556 $993,438 $999,438 $1,005,829
Avg Price Change +0.87% +0.41% -0.60% -0.64% +0.84%
Median Price $640,658 $633,366 $632,570 $643,439 $649,708
Med Price Change +1.15% +0.13% -1.72% -0.97% -0.04%
Avg Bedrooms 2.77 beds 2.77 beds 2.79 beds 2.84 beds 2.84 beds
Avg Bathrooms 2.4 baths 2.38 baths 2.39 baths 2.42 baths 2.41 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Akins 326 $527,742 78 days
Austin 639 $1,523,721 83 days
Del Valle 332 $607,074 129 days
Lake Travis 403 $1,312,466 97 days
McCallum 343 $1,114,350 67 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 4,707 $1,033,573 104 days
Distressed Homes 31 $966,519 84 days
Multi-Million Dollar Homes 1,226 $2,346,354 106 days
Newly Built Homes 1,079 $1,079,028 158 days
Homes with a Pool 720 $1,923,529 91 days
Reduced Price Homes 312 $948,607 73 days