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

35,400

Jobs Created
3.4%

$76,333

Median Household Income
3.4%

28,706

Total Housing Permits
13.6%

582

Total Number of Projects
-3%

$326,886

SFD New Home List Price
2.6%

3,731

New Home Sales
17.8%
Monthly

Market Health

Austin's population is 2.1M, with a total workforce of 1.1M. The labor market grew by 35,400 jobs over the past year, up by 3.4%. The median household income in Austin is $76,333, 3.4% higher than last year and 24.4% above the national average of $61,372. In the housing market, total permits issued totaled 28,706 over the last twelve months, up 13.6% year-over-year. Austin has 582 active new home projects on the market, 3.0% fewer than the 600 from last year. The average list price in the market is $326,886, 2.6% higher than last year and 5.5% above the national average. Over the last three months, new home contracts increased by 17.8% to 3,731. Georgetown and Austin 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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