Austin Real Estate

Where Silicon Hills meets Hill Country — Austin blends world-class tech with live music, outdoor adventure, and neighborhoods full of character.

Austin Market Overview

$520,000
Median Home Price
+3.9%
Year-over-Year Growth
2.4M
Population (Metro)
45 days
Avg. Days on Market

Top Austin Neighborhoods

Westlake Hills

Affluent hillside community with Hill Country views, top Eanes ISD schools, and estate-size lots

$1M - $8M+

Tarrytown

Central Austin gem with mature trees, lakefront access, and a mix of updated bungalows and new builds

$800K - $4M

South Congress (SoCo)

Iconic Austin corridor with eclectic shops, live music venues, and increasing residential development

$500K - $2M

Zilker

Beloved neighborhood adjacent to Zilker Park and Barton Springs with strong walkability

$600K - $2.5M

Clarksville

Historic West Austin neighborhood with cottages, local eateries, and proximity to downtown

$700K - $3M

Why Austin Continues to Attract Buyers

Austin has cemented its position as America's most dynamic mid-size city. The combination of a booming tech sector — anchored by Tesla's Gigafactory, Apple's billion-dollar campus, and major offices from Google, Meta, and Oracle — with the creative spirit of live music capital of the world creates a lifestyle that no other Texas city can replicate.

Westlake Hills sits west of downtown, perched in the Texas Hill Country with panoramic views and access to Eanes ISD, one of the state's top school districts. Homes range from $1 million to $8 million+, with custom estates on wooded lots. Tarrytown, closer to central Austin, offers a rare combination of lakefront proximity, mature tree canopy, and walkability to downtown.

South Congress (SoCo) has evolved from Austin's funky shopping strip into a desirable residential area. New condo developments and townhome projects sit alongside vintage shops and live music venues. Zilker, adjacent to the beloved Zilker Park and Barton Springs Pool, remains one of Austin's most family-friendly neighborhoods with strong community involvement and access to the Greenbelt trail system.

Austin's 2026 market has found its footing after a correction from pandemic highs. The median price of $520,000 is down from 2022's peak but represents solid value for a city of this caliber. Year-over-year growth of 3.9% signals stabilization. With no state income tax, world-class outdoor recreation (Lady Bird Lake, the Greenbelt, Hill Country wineries), and a culture that prioritizes quality of life, Austin continues to draw buyers from expensive coastal markets.

Frequently Asked Questions About Austin Real Estate

Austin experienced a correction from its 2022 peak but has stabilized with 3.9% annual growth in 2026. The city's tech sector (Tesla, Apple, Google, Oracle) provides strong long-term fundamentals. Current prices offer better value than the pandemic peak, making it a strategic entry point.

Westlake Hills tops the list with Eanes ISD — one of the highest-rated school districts in Texas. Tarrytown offers central location with good schools. Zilker provides a family-friendly environment near Barton Springs and the Greenbelt.

Austin has the highest median price ($520K vs. Dallas $425K and Houston $380K) but offers a uniquely creative lifestyle, stronger tech job market, and outdoor recreation that the other Texas cities can't match. It's smaller and more walkable than either alternative.

Yes. Tesla's Gigafactory, Apple's $1B campus, and continued expansion from Google, Meta, and Oracle anchor a tech ecosystem that rivals the Bay Area at a fraction of the cost. UT Austin provides a pipeline of tech talent.

Travis County property taxes are high, averaging 1.8-2.2% of assessed value. However, Texas homestead exemptions have been expanded significantly, and voters approved increased exemption amounts. Combined with no state income tax, the overall burden is often lower than California or New York.

Related Markets

Explore other markets near Austin

Dallas

North Texas corporate hub

Houston

Texas energy capital

San Francisco

Original tech capital

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