Is Austin still a good real estate investment? Home values in Austin have increased by 29.4% over the last year. Over the past five years home values in Austin have increased by 99%. Median sales price for a home in Austin is $550,000 based on the most recent report from the Austin Board of Realtors.
How much are ranches in Texas?
|Region||Areas Included||Average Land Price per Acre|
|One||South Plains and Panhandle||$2,474|
|Two||Far West Texas||$1,350|
How much money do you need to make to buy a house in Austin? To be able to have an affordable mortgage for that $405,000 home in the city of Austin, the buyer needs an annual income of at least $110,000. For a family of three, that’s an income at about 130 percent of the median.
What is the average home price in Austin Texas? $661,337. The typical home value of homes in Austin is $661,337. This value is seasonally adjusted and only includes the middle price tier of homes. Austin home values have gone up 15.2% over the past year.