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Austin

Austin is known as the live music capital of the world and is home to ballet, world-class museums, one-of-a-kind shopping and beautiful outdoor spaces. Residents and visitors could just as easily spend a morning paddling the lake as they could strolling through a celebrated history museum.

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436

Total Number of Projects

$485,613

SFD New Home List Price

$83,223

Median Household Income

44,914

Total Housing Permits

Market Health

Austin's population is 2.4M, with a total workforce of 1.2M. The labor market grew by 90,400 jobs over the past year, up by 8.0%. The median household income in Austin is $83,223, 4.2% lower than last year and 23.3% above the national average of $67,521.

In the housing market, total permits issued totaled 44,914 over the last twelve months, up 10.0% year-over-year. Austin has 436 active new home projects on the market, 14.2% fewer than the 508 from last year. The average list price in the market is $485,613, 27.0% higher than last year and 7.8% above the national average. Over the last three months, new home contracts decreased by 10.0% to 4,957. Austin and Georgetown had the highest concentration of the new home contracts in the Austin market.

Upcoming Frames

Live  Event

November 14, 2024

8:00 am CT
Renaissance Austin Hotel
Reserve Your Spot

Nearby Markets

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