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

24,700

Jobs Created
2.3%

$76,845

Median Household Income
4.1%

27,908

Total Housing Permits
-1.3%

578

Total Number of Projects
-9.8%

$326,165

SFD New Home List Price
.7%

0

New Home Sales
15.6%
Monthly

Market Health

Austin s population is 2.2M, with a total workforce of 1.1M. The labor market grew by 24,700 jobs over the past year, up by 2.3%. The median household income in Austin is $76,845, 4.1% higher than last year and 25.2% above the national average of $61,372.
In the housing market, total permits issued totaled 27,908 over the last twelve months, down 1.3% year-over-year. Austin has 578 active new home projects on the market, 9.8% fewer than the 641 from last year. The average list price in the market is $326,165, 0.7% higher than last year and 4.3% above the national average. Over the last three months, new home contracts increased by 15.6% to 4,438. Austin and Georgetown 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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