Austin, AR is an attractive city for potential homeowners due to its housing median value of $201,900, which is significantly lower than the US median house value of $338,100. Additionally, the 1 year house appreciation rate in Austin is 12.20%, a far higher value than the national average of 8.27%. With these attractive values and rates, Austin offers a great opportunity to own a home at an affordable price with the potential of increasing in value over time.
The median home cost in Austin is $201,900. Home appreciation the last 10 years has been 56.1%. Home Appreciation in Austin is up 15.1%.
Average Age of Homes
- The median age of Austin real estate is 13 years old
The Rental Market in Austin
- Renters make up 10.2% of the Austin population
- 1.4% of houses and apartments in Austin, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.