Zip 78747 (Austin, TX) Housing

The housing market in Austin, TX (78747) is trending below the national average. The median value of a home in 78747 is $429,000, which is slightly more than the US median value of $338,100. While nationwide homes appreciate on average 8.27% year-to-year, homes in the 78747 area have appreciated an estimated 3.52% over the past year. Homeowners in this area of Austin can expect to see slower appreciation rates then what is seen nationally but still benefit from a strong housing market with solid home values.

The median home cost in Austin (zip 78747) is $429,000. Home appreciation the last 10 years has been 194.4%. Home Appreciation in Austin (zip 78747) is up 16.9%.

Average Age of Homes

- The median age of Austin (zip 78747) real estate is 15 years old

The Rental Market in Austin (zip 78747)

- Renters make up 30.3% of the Austin (zip 78747) population
- 0.8% of houses and apartments in Austin (zip 78747), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Austin, Texas	United States
	7,348.0	139,647,020.0
	17	42
	$429,000	$338,100
	16.9%	16.6%
	85.6%	57.0%
	194.4%	101.1%
	$14.95	$10.98
	$3,845	$2,690
	78.1%	57.4%
	2.8%	11.2%
	19.1%	31.4%
Vacant Housing
	0.8%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.1%	3.6%
	1.9%	4.1%
Value of Owner-Occupied Housing
	2.8%	2.6%
	8.8%	2.4%
	1.7%	2.8%
	0.8%	3.9%
	1.4%	4.5%
	1.5%	11.3%
	9.8%	13.0%
	39.3%	20.1%
	22.7%	13.6%
	6.5%	8.3%
	3.6%	9.7%
	0.1%	3.9%
	0.9%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.3%	0.2%
	38.2%	13.6%
	38.2%	13.6%
	13.1%	13.6%
	14.8%	13.2%
	5.6%	14.8%
	13.1%	13.6%
	0.8%	10.0%
	0.2%	4.7%
	0.3%	12.2%

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