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Austin

Why you'd want to live in Austin

With the slogan “Keep Austin Weird,” this Texas city is laid-back to the point that if you’re dressing up, it must be a life event. People here enjoy the outdoors, even more so with their dogs. Austin has a contagious vibrancy and enthusiasm. The downtown core is set on a grid, planned that way in the late 1830s. In the last decade, high-rise residential and commercial space has increased downtown, and that trend continues. Some people move here because they want to work for one of the companies headquartered in Austin. At times, the city can be a who’s who of technology, although government, education and health care are top job sectors as well. And some people come here for college and never leave. Austin attracts many visitors with its live music events. It’s one of the top things to do in Austin, though there’s more music to enjoy than during the South by Southwest and Austin City Limits festivals. As the live music capital of the world, Austin serenades its residents with live music in the airport terminal, on the downtown streets and at about 200 venues in the area. via realestate.usnews.com

Austin Market Report

$1,072,175

AVERAGE PRICE OF 6,534 HOMES

$820,312

AVERAGE PRICE OF 71 DISTRESSED HOMES

$2,359,893

AVERAGE PRICE OF 1,859 MULTI-MILLION DOLLAR HOMES

$1,212,753

AVERAGE PRICE OF 1,079 NEWLY BUILT HOMES

$2,089,901

AVERAGE PRICE OF 1,106 HOMES WITH A POOL

$1,053,503

AVERAGE PRICE OF 540 REDUCED PRICE HOMES

Average Home

Average Price $1,072,175
Avg Bedrooms 2.78 beds
Avg Bathrooms 2.47 baths

Average Price by Bedrooms

1 bedroom $448,701
2 bedrooms $614,602
3 bedrooms $771,887
4 bedrooms $1,225,599
5 bedrooms $2,170,515
Austin Home Price Trends
  4/2024 3/2024 2/2024 1/2024 12/2023
Total Listings 5,852 5,107 4,502 4,271 4,729
Average Price $1,090,456 $1,082,613 $1,053,881 $1,043,963 $576,610
Avg Price Change +0.72% +2.73% +0.95% +81.05% -6.97%
Median Price $672,164 $653,491 $643,431 $643,944 $639,316
Med Price Change +2.86% +1.56% -0.08% +0.72% -1.22%
Avg Bedrooms 2.77 beds 2.71 beds 2.67 beds 2.68 beds 2.76 beds
Avg Bathrooms 2.46 baths 2.42 baths 2.36 baths 2.36 baths 2.37 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Austin 944 $1,529,064 75 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 6,534 $1,072,175 76 days
Distressed Homes 71 $820,312 85 days
Multi-Million Dollar Homes 1,859 $2,359,893 85 days
Newly Built Homes 1,079 $1,212,753 99 days
Homes with a Pool 1,106 $2,089,901 73 days
Reduced Price Homes 540 $1,053,503 69 days
Teifke Real Estate
Austin Lair
409 E Austin Ave
Round Rock, TX 78664
512-969-0088

Based on information from the Austin Board of REALTORS (alternatively, from ACTRIS) for the period through 2024.® IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data last updated: May 23, 2024
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