This page provides an overview of Austin’s housing market using data from Zillow, Redfin, the Austin Board of Realtors, and the U.S. Census Bureau. These sources offer continuously updated information on home prices, rents, inventory, and affordability across the city.
Housing Market Overview
Austin’s housing market has experienced rapid changes over the past decade. Strong job growth, population increases, and limited housing supply have contributed to rising home prices and rental costs. Although market conditions fluctuate, Austin remains one of the most in-demand housing markets in the country.
Key housing indicators include:
- Median home price
- Median rent
- Inventory levels
- Days on market
- New construction activity
- Affordability index
Median Home Price
The chart below reflects Austin’s median home price over time. This data updates automatically when Zillow or Redfin refresh their market reports.
Embed your median home price chart here.
Rental Market Trends
Austin’s rental market includes a mix of apartments, single-family rentals, and new multifamily developments. Rental prices vary significantly by neighborhood, with central areas typically commanding higher rates.
- Median rent for one-bedroom units
- Median rent for two-bedroom units
- Year-over-year rent changes
- Vacancy rates
Embed rental trend chart here.
Housing Inventory
Inventory levels indicate how many homes are available for sale at any given time. Low inventory often leads to higher prices and increased competition among buyers.
- Total active listings
- Months of supply
- New listings per month
- Pending sales
Embed inventory chart here.
Affordability
Affordability measures how accessible homeownership is for the average household. Austin’s affordability has declined in recent years due to rising prices and interest rates, though conditions vary by neighborhood.
- Median household income
- Price-to-income ratio
- Mortgage payment estimates
- Rent-to-income ratio
New Construction
New construction plays a major role in Austin’s housing supply. The city continues to see significant development in both single-family and multifamily housing.
- Building permits issued
- New housing starts
- Multifamily development trends
Embed construction activity chart here.
Data Sources
- Zillow Market Data
- Redfin Data Center
- Austin Board of Realtors
- U.S. Census Bureau
- City of Austin Open Data Portal