Zip 78705 (Austin, TX) Housing

The housing market in 78705 Austin, TX is slightly lower than the national average. The median value of the houses in 78705 is $449,400, which is significantly higher than the US median value of $338,100. Despite this difference, the 1 year appreciation rate for houses in 78705 is only 3.52%, much lower than the 8.27% appreciation rate across the entire country over the same period of time. This suggests that house prices have not been increasing as rapidly in 78705 as they have across the rest of the nation.

The median home cost in Austin (zip 78705) is $449,400. Home appreciation the last 10 years has been 194.4%. Home Appreciation in Austin (zip 78705) is up 16.9%.

Average Age of Homes

- The median age of Austin (zip 78705) real estate is 33 years old

The Rental Market in Austin (zip 78705)

- Renters make up 78.0% of the Austin (zip 78705) population
- 5.2% of houses and apartments in Austin (zip 78705), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Austin, Texas	United States
	10,796.0	139,647,020.0
	34	42
	$449,400	$338,100
	16.9%	16.6%
	85.6%	57.0%
	194.4%	101.1%
	$19.29	$10.98
	$8,338	$2,690
	7.5%	57.4%
	17.5%	11.2%
	75.0%	31.4%
Vacant Housing
	5.2%	1.9%
	5.4%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	2.1%	3.6%
	4.8%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	2.2%	4.5%
	7.8%	11.3%
	4.7%	13.0%
	17.2%	20.1%
	14.3%	13.6%
	11.8%	8.3%
	24.6%	9.7%
	9.6%	3.9%
	3.3%	2.2%
	4.4%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	15.5%	13.6%
	15.5%	13.6%
	11.4%	13.6%
	11.4%	13.2%
	13.9%	14.8%
	11.4%	13.6%
	4.8%	10.0%
	3.1%	4.7%
	12.1%	12.2%

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