Known for the Texas Longhorns, live music, parks and lakes, along with high-paying tech jobs in the Texas capital.

26,500

Jobs Created
2.4%

$78,783

Median Household Income
2.4%

35,645

Total Housing Permits
25.5%

572

Total Number of Projects
-9.5%

$314,604

SFD New Home List Price
-4.9%

0

New Home Sales
3.8%
Monthly

Market Health

Austin s population is 2.2M, with a total workforce of 1.1M. The labor market grew by 26,500 jobs over the past year, up by 2.4%. The median household income in Austin is $78,783, 2.4% higher than last year and 24.7% above the national average of $63,179.
In the housing market, total permits issued totaled 35,645 over the last twelve months, up 25.5% year-over-year. Austin has 572 active new home projects on the market, 9.5% fewer than the 632 from last year. The average list price in the market is $314,604, 4.9% lower than last year and 2.1% below the national average. Over the last three months, new home contracts increased by 3.8% to 5,125. Austin and Leander had the highest concentration of the new home contracts in the Austin market.

Our Experts

Work with leaders in the industry.

Kimberly Byrum

Principal

Kimberly Byrum

Principal

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