Home / Select Cities  /  2024 Comparing Raleigh, NC vs. Austin, TX

2024 Compare Cities Housing:
Raleigh, NC vs Austin, TX

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Highlights
- The median age of a home in Raleigh is 14.8% younger than the median age of a home in Austin.

Housing
 Raleigh, NCAustin, TXUnited States
 Median Home Age273142
 Median Home Cost$427,000$577,400$338,100
 Home Appr. Last 12 months23.6%17.0%16.6%
 Home Appr. Last 5 yrs.70.7%85.7%57.0%
 Home Appr. Last 10 yrs.122.8%193.9%101.1%
 Property Tax Rate$8.9$17.4$11.0
 Homes Owned46.7%41.7%57.4%
 Housing Vacant9.4%6.7%11.2%
 Homes Rented43.8%51.6%31.4%
 space
 Avg Rent For Home Or Apartment
 Raleigh, NCAustin, TXUnited States
 Average Rent$1,750$2,180$1,840
 Studio Apartment$1,240$1,330$1,080
 1 Bedroom Home or Apartment$1,280$1,470$1,180
 2 Bedroom Home or Apartment$1,450$1,720$1,430
 3 Bedroom Home or Apartment$1,780$2,210$1,860
 4 Bedroom Home or Apartment$2,350$2,560$2,160
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 Vacant Housing
 Raleigh, NCAustin, TXUnited States
 Vacant For Rent3.3%2.7%1.9%
 Vacant Rented2.2%0.7%0.4%
 Vacant For Sale0.5%0.4%0.7%
 Vacant Sold0.6%0.2%0.4%
 Vacant Vacation0.5%1.1%3.6%
 Vacant Other2.3%1.6%4.1%
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 Owner-Occupied Housing Value
 Raleigh, NCAustin, TXUnited States
 Less Than $20,0001.4%1.2%2.6%
 $20,000 to $39,9990.5%0.8%2.4%
 $40,000 to $59,9990.6%0.5%2.8%
 $60,000 to $79,9990.5%0.6%3.9%
 $80,000 to $99,9990.8%0.5%4.5%
 $100,000 to $149,9996.6%2.6%11.3%
 $150,000 to $199,99915.0%5.8%13.0%
 $200,000 to $299,99928.3%20.6%20.1%
 $300,000 to $399,99918.3%21.5%13.6%
 $400,000 to $499,99911.0%15.3%8.3%
 $500,000 to $749,99910.2%18.2%9.7%
 $750,000 to $999,9994.0%6.5%3.9%
 $1,000,000 to $1,499,9991.9%3.7%2.2%
 $1,500,000 to $1,999,9990.5%1.1%0.8%
 $2,000,000 and over0.3%1.2%1.1%
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 Housing Units By Year Built
 Raleigh, NCAustin, TXUnited States
 2015 and Newer0.3%0.2%0.2%
 2010 to 201423.4%17.1%13.6%
 2000 to 200923.4%17.1%13.6%
 1990 to 199918.5%14.7%13.6%
 1980 to 198916.8%18.6%13.2%
 1970 to 19799.9%15.0%14.8%
 1960 to 196918.5%14.7%13.6%
 1950 to 19594.2%4.5%10.0%
 1940 to 19491.6%2.1%4.7%
 1939 or Earlier3.1%2.6%12.2%

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Reviews for Raleigh    224 Reviews

I moved to Raleigh in 2018. Before that, I lived in Orange County CA, Boulder CO, South Africa, Northern California, Arizona, and Toronto. I say all this to give  More

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Excellent for a great many people or categories of people. As far as prices: ratio of wage and job opportunity here with housing remains one of the better ones in the  More

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Over 1 years ago

I attended university here in the early 90s and came back around 2005 and never left. I'm surprised at the other negative reviews honestly. Yes, housing is pricey in  More

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Reviews for Austin    449 Reviews

This Year

Good place to visit.  More

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Austin is too expensive. Let's get that out of the way. Other than that it is a fun city. Ladybird Lake makes the city, imo. The ability to stand up paddle, kayak, walk  More

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The city continues to grow quickly, which a lot of people don't like. I get it, you fall in love with a city, and it's growing so fast that you don't recognize the same  More

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ZIPS IN RALEIGH, NORTH CAROLINA
27610, 27603, 27616, 27604, 27606, 27613, 27615, 27612, 27614, 27609, 15 total
ZIPS IN AUSTIN, TEXAS
78745, 78753, 78741, 78748, 78744, 78704, 78758, 78759, 78749, 78723, 40 total

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