Housing in 78704 Austin, TX is significantly more expensive than the national median value. The median value for housing in 78704 Austin, TX is $931,700, compared to the US median value of $338,100. Over the past year, house appreciation has been 8.27% nationally and 3.52% in Austin's 78704 zip code. This shows that despite slower appreciation over the previous year, housing prices in this area are still much higher than the national average and show no signs of slowing down.
The median home cost in Austin (zip 78704) is $931,700. Home appreciation the last 10 years has been 194.4%. Home Appreciation in Austin (zip 78704) is up 16.9%.
Average Age of Homes
- The median age of Austin (zip 78704) real estate is 39 years old
The Rental Market in Austin (zip 78704)
- Renters make up 58.1% of the Austin (zip 78704) population
- 4.7% of houses and apartments in Austin (zip 78704), 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.