Austin, TX

Population: 885,398
Average annual home appreciation rate: 22.50%
Total of homes for sale in this market: 4,148
Median home price: $290,967
Median Rent: $1,138 per room
Home price range: 35.01% of homes are $132,001 – $264,000
Median sales price: No data
Number of homes: 443
Median foreclosure sales price: $191,122
Foreclosure discount: No data
Most common home type: 46.88% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 7.82%
Number of renters: 56.01%
Number of owner occupied: 43.99%
Number people living below poverty level: 19.07%
Unemployment rate: 2.80%
Is this area perfect for real estate deals going on right now? Data shows, this makes Austin one of the highest appreciating communities in the nation for the latest quarter, and may signal the city’s near-future real estate investment strength.

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