




$555,300
Average Value
$240
Average Price per Sq Ft
Home for sale
Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.
From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.
Population Growth
~0.4%
Net Migration
Positive
Median Home Price
$555,300
Unemployment Rate
3.20%
Price Trend
~0.4% YoY growth
New Permits
2,269 units
These agents specialize in this market and in what you’re looking for!
Keller Williams Realty C. P.
·Austin
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·Austin
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·Austin
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·Austin
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·Austin
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View ProfileKeller Williams - Lake Travis
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View ProfileKeller Williams Realty-RR (WC)
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View ProfileSPT & Co. Realty
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View ProfileAustin continues to experience strong population inflows, reinforcing long-term housing demand across both major metros and emerging secondary markets.
Total Population:
31,290,831
Growth Rate:
~0.4%
Net Migration:
Positive
A diversified economic base supports resilience and sustained housing demand across cycles.
Unemployment Rate:
3.20%
Total Employment:
14.5 million jobs
Largest Sectors:
Professional & Business Services (~276K)
Trade, Transportation & Utilities (~219K)
Government (~218K)
Education & Health Services (~169K)
Construction (~90K)
Income levels remain competitive relative to housing costs, supporting affordability compared to higher-cost U.S. markets.
Median Household Income:
$93,658
Per Capita Income:
$62,862
Home prices remain relatively accessible, supported by strong supply and continued development.
Median Home Value:
$555,300
Homeownership Rate:
43.40%
Median Rent:
$1,729
Monthly Owner Cost:
$2,679
Home Price Trend:
~0.4% YoY growth
Owner Occupied:
43.4%
Renter Occupied:
56.6%
Population Change
Positive migration
(2024–2025)
New Permits Issued:
2,269 units
Enrollment
~72,272 students
Graduation Rate
~93.1%
Student–Teacher Ratio
~14:1
Violent Crime
~4.7 per 1,000
Property Crime
~33.0 per 1,000
Avg Temperature
~68.7°F
Annual Rainfall
~35.6 inches
Extreme heat days
~120+ days ≥90°F
Counties
Travis, Williamson, Hays

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