The housing in 78724 Austin, TX is quite expensive compared to the US House median value of $338,100. The median value for homes in 78724 Austin, TX is $367,600 which is 8.9% higher than the US median value. In addition to this, the house 1 year appreciation rate in 78724 Austin,TX is 3.52% which is lower than the national 1 year appreciation rate of 8.27%. This indicates that housing prices might not increase significantly over the next year; however they will still remain higher than average due to their current median value being so much more expensive than the national average.
The median home cost in Austin (zip 78724) is $367,600. Home appreciation the last 10 years has been 194.4%. Home Appreciation in Austin (zip 78724) is up 16.9%.
Average Age of Homes
- The median age of Austin (zip 78724) real estate is 20 years old
The Rental Market in Austin (zip 78724)
- Renters make up 38.4% of the Austin (zip 78724) population
- 0.6% of houses and apartments in Austin (zip 78724), 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.