Housing in Austin, Texas

The median home cost in Austin is $369,000. Home appreciation the last 10 years has been 70.3%. Home Appreciation in Austin is up 8.6%. Browse Austin Real Estate

Average Age of Homes

- The median age of Austin real estate is 27 years old

The Rental Market in Austin

- Renters make up 50.8% of the Austin population
- 3.4% of houses and apartments in Austin, are available to rent

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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.

HOUSING	Austin, Texas	United States
Median Home Age	30	40
Median Home Cost	$369,000	$231,200
Home Appr. Last 12 months	8.6%	6.7%
Home Appr. Last 5 yrs.	49.0%	35.6%
Home Appr. Last 10 yrs.	70.3%	27.4%
Property Tax Rate	$17.83	$11.78
Property Taxes Paid	$6,579	$2,724
Homes Owned	41.5%	56.0%
Housing Vacant	8.2%	12.2%
Homes Rented	50.2%	31.8%
AVERAGE RENT FOR HOME OR APARTMENT
Average Rent	$1,785	$1,470
Studio Apartment	$1,017	$821
1 Bedroom Home or Apartment	$1,186	$930
2 Bedroom Home or Apartment	$1,437	$1,148
3 Bedroom Home or Apartment	$1,897	$1,537
4 Bedroom Home or Apartment	$2,294	$1,791
VACANT HOUSING
Vacant For Rent	3.4%	2.1%
Vacant Rented	1.0%	0.5%
Vacant For Sale	0.5%	1.0%
Vacant Sold	0.2%	0.5%
Vacant Vacation	1.4%	4.0%
Vacant Other	1.8%	4.2%
VALUE OF OWNER-OCCUPIED HOUSING
Less Than $20,000	2.1%	3.5%
$20,000 to $39,999	0.7%	3.1%
$40,000 to $59,999	0.8%	3.9%
$60,000 to $79,999	0.9%	5.4%
$80,000 to $99,999	2.1%	6.3%
$100,000 to $149,999	8.2%	14.7%
$150,000 to $199,999	13.3%	14.6%
$200,000 to $299,999	24.9%	18.7%
$300,000 to $399,999	17.2%	11.0%
$400,000 to $499,999	11.1%	6.2%
$500,000 to $749,999	11.7%	7.0%
$750,000 to $999,999	3.7%	2.7%
$1,000,000 to $1,499,999	1.7%	1.5%
$1,500,000 to $1,999,999	0.5%	0.5%
$2,000,000 and over	1.0%	0.7%