The housing in 78731 Austin, TX is significantly more expensive than the US median value, with a median value of $1,112,700. This is more than 3 times the national median value of $338,100. Although overall US house appreciation in the past year has been 8.27%, house appreciation in 78731 Austin, TX was only 3.52%. These figures suggest that although prices in 78731 Austin, TX are high compared to the rest of the country, they have not seen any significant price increases recently.
The median home cost in Austin (zip 78731) is $1,112,700. Home appreciation the last 10 years has been 194.4%. Home Appreciation in Austin (zip 78731) is up 16.9%.
Average Age of Homes
- The median age of Austin (zip 78731) real estate is 39 years old
The Rental Market in Austin (zip 78731)
- Renters make up 39.4% of the Austin (zip 78731) population
- 2.1% of houses and apartments in Austin (zip 78731), 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.