The housing market in 78744 Austin, TX is significantly lower than the US median value at $394,900, but higher than the US House Median Value of $338,100. The price appreciation for houses in the area over the last year is 3.52%, which is much lower than the US 1 year House Appreciation of 8.27%. This suggests that there are some economic factors influencing prices in this area of Austin and prospective buyers should be aware of this before making a purchase.
The median home cost in Austin (zip 78744) is $394,900. Home appreciation the last 10 years has been 194.4%. Home Appreciation in Austin (zip 78744) is up 16.9%.
Average Age of Homes
- The median age of Austin (zip 78744) real estate is 27 years old
The Rental Market in Austin (zip 78744)
- Renters make up 49.4% of the Austin (zip 78744) population
- 1.3% of houses and apartments in Austin (zip 78744), 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.