Fullcircle Real Estate AUSTIN, TX

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    Overview of Austin

    The Austin housing market is competitive. On average, homes in Austin receive 2 offers and sell in around 75 days. The average sale price of a home in Austin was $540K last month, down 5.4% since last year. The average sale price per square foot in Austin is $321, down 10.3% since last year.

    158,721

    TOTAL POPULATION

    35.1 years

    MEDIAN AGE

    High

    POPULATION DENSITY

    Schools in Austin

    The Austin housing market is competitive. On average, homes in Austin receive 2 offers and sell in around 75 days. The average sale price of a home in Austin was $540K last month, down 5.4% since last year. The average sale price per square foot in Austin is $321, down 10.3% since last year.

    Austin is the U.S. state of Texas capital and the seat and largest city of Travis County, with portions extending into Hays and Williamson counties. Austin encompasses 272 square miles along the Colorado River in central Texas, 200 miles from the Gulf of Mexico. The capital city is 200 miles Southwest of Dallas, 162 miles west of Houston, and 90 miles north of San Antonio. It is the center of the central metropolitan area of Austin-Round Rock-San Marcos.

    Austin is known as the Live Music Capital of the World®. Besides being the state capital of Texas, Austin is also the hub for creative culture in the state. It’s home to the University of Texas at Austin and is as well-known for live music as for Tex-Mex cuisine. South by Southwest (also known as SXSW) and Austin City Limits (ACL) music festivals take over the city each spring and fall. They each provide unique opportunities to experience some of the best touring musical acts in the world while also bringing hundreds of thousands of visitors into the city, making everyday life more challenging for residents.

    Austin’s key culinary exports include Tex-Mex items like queso dip and breakfast tacos, Texas-style barbecue, and locally brewed beer. But like any hip city, there is a wide variety of cuisines and price points, so you can find restaurants that suit your taste, whether from an inventive food truck or a high-end sushi restaurant.

    Besides food and music, Austin has plenty of parks and outdoor spaces. Known as the city’s crown jewel, the Barton Springs Pool is a must-visit outdoor swimming pool fed by natural springs and is three acres in size.

    Austin Real Estate Market Trends

    In January 2023, Austin home prices were down 6.3% compared to last year, selling for a median price of $525K. There were 485 homes sold in January this year, down from 778 last year. On average, homes in Austin sell after 75 days on the market compared to 38 days last year.

    Austin, TX, Summary

    Home values in Austin, TX

    Austin is a city in Texas and consists of 92 neighborhoods.There are 4,099 homes for sale, ranging from $75K to $35M. Austin has affordable duplexes/triplexes and affordable condos/townhomes.

    Austin, TX Housing Market

    Find your dream neighborhood and explore it with your home purchase advisor. 

    We are here to help you find the perfect home for you.

    Austin Migration & Relocation Trends

    In Dec ’22 – Feb ’23, 27% of Austin homebuyers searched to move out of Austin, while 73% looked to stay within the metropolitan area.

    Where are people moving to Austin from?

    Where are people from Austin moving to?

    Top Schools in Austin, TX

    Austin, TX, hosts 307 public schools rated good and higher by GreatSchools. You can also find 98 private and charter schools.

    Amenities near Austin, TX

    You can find dozens of grocery stores and hundreds of cafes and restaurants in Austin, TX.

    Grocery Stores

    Coffee Shops

    Restaurants

    Homes For Sale in Austin, TX

    There are 4,099 homes for sale in Austin, TX, 1,067 of which were newly listed within the last week. Additionally, 10,082 rentals start at $520 per month.

    All Neighborhoods in Austin, TX

    Neighborhoods

    Median Listing
    Home Price

    Listing
    $/SqFt

    For Sale

    For Rent

    Downtown Austin

    $825K $959 131 564

    West Oak Hill

    $675K $307 51 223

    Bluff Springs

    $449.5K $258 143 162

    Zilker

    $1.2M $727 53 170

    North Austin

    $465K $320 44 105

    Garrison Park

    $599K $384 36 82

    Gracy Woods

    $449.5K $306 49 194

    South Lamar

    $844.9K $485 62 86

    Tarrytown

    $2.5M $847 41 48

    Anderson Mill

    $590K $300 52 146

    Dittmar - Slaughter

    $492.5K $318 46 129

    Tech Ridge

    $425K $268 30 154

    Travis Heights

    $1.6M $795 36 77

    MLK-183

    $570K $442 57 30

    McNeil

    $539K $310 26 258

    South Brodie

    $500K $253 22 17

    Windsor Park

    $560K $405 35 101

    Circle C Ranch

    $939.9K $308 25 13

    South Manchaca

    $674.9K $462 40 27

    Explore Austin, TX

    There are 92 neighborhoods in Austin. Tech Ridge is the most affordable neighborhood, with a median listing home price of $425K. Tarrytown has a median listing home price of $2.5M, making it the most expensive neighborhood.

    Get Connected With A Trusted Real Estate Professional

    Are you buying or selling a home in Austin? Contact Full Circle RE Austin now to get started!

    Our agents can find the right home for your needs and budget and help you navigate this competitive market. We specialize in real estate negotiations, brokerage, property investment, property management, and leases.

    Whether you are looking to buy your first home, invest in rental properties, or relocate to a new city, Austin offers an exceptional real estate market that will meet your needs.

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