Housing in 78719 Austin, TX is well above the US median value for houses and has seen a steady appreciation rate over the last year. The median value of housing in this area is $383,000, which is more than $45,000 higher than the US median value of $338,100. Furthermore, the one year house appreciation rate in this area was 3.52%, which is lower than the US 1 year house appreciation rate of 8.27%. As such, investing in real estate here can be a wise decision as it offers greater returns over time with a lower risk than other markets.
The median home cost in Austin (zip 78719) is $383,000. Home appreciation the last 10 years has been 194.4%. Home Appreciation in Austin (zip 78719) is up 16.9%.
Average Age of Homes
- The median age of Austin (zip 78719) real estate is 31 years old
The Rental Market in Austin (zip 78719)
- Renters make up 16.1% of the Austin (zip 78719) population
- 0.0% of houses and apartments in Austin (zip 78719), 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.