Real Estate Market Update for Austin, TX
Welcome to August's Market Update. Let’s take a look at residential real-estate activity in your area during the month of July. The number of active listings was up 1% from one year earlier, and down 1% from the previous month. Even so, buyers still enjoyed a greater selection of homes today than they did one year ago. As you can see, the median listing price for the month was just under 500-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 9%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 350-thousand dollars. The number of units sold decreased 13% year-over-year, and decreased 17% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Austin, TX
Area Information for Austin, TX
  • Population: 921,993
  • Median Age: 33.04 yr
  • Median Commute Time: 22 mins
  • Educational Climate*: 4
  • Sales Tax: 8%
  • Population Density: 2,954/sq mi
  • Population Change Since 2000: 32.5%
  • Closest Airport: Austin-bergstrom International
  • Closest College: Austin Presbyterian Theological Seminary
  • Closest Jr. College: Austin Community College
  • Median Household Income: $58,560
  • Annual Residential Turnover: 24%
  • Median Home Sales Price: $300,000
  • Closest Major Sports Team: Round Rock Express (aaa)
  • Change Avg. Household Income Since 2000: 34.62%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Austin, TX
Median Age: 33.04 Married: 31% Number of Households: 381,072 Households with Children: 98,194
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Austin, TX

      School Name Distance Type Grades School Rating Parent Rating
      Eanes Elementary School 1.0 mi Public K-5 5 0
      Forest Trail Elementary School 1.3 mi Public K-5 5 0
      Valley View Elementary School 1.3 mi Public K-5 5 0
      Westlake High School 1.6 mi Public 9-12 5 4
      Hill Country Middle School 1.9 mi Public 6-8 5 0
      Cedar Creek Elementary School 2.0 mi Public K-5 5 0
      St Stephens Episcopal School 2.3 mi Private 6-12 0 4
      O Henry Middle School 2.4 mi Public 6-8 4 4
      Casis Elementary School 2.9 mi Public PRESCHOOL-5 5 0
      Bridge Point El 2.9 mi Public K-5 5 0
      Austin High School 3.3 mi Public 9-12 4 3
      Regents School Of Austin 3.4 mi Private K-12 0 0
      Barton Hills Elementary School 3.5 mi Public K-6 5 0
      Bryker Woods Elementary School 3.7 mi Public K-6 5 0
      St. Michael's Catholic Academy 3.8 mi Catholic 9-12 0 4
      Highland Park Elementary School 3.9 mi Public K-5 5 0
      St. Andrew's Episcopal School 3.9 mi Private 1-12 0 0
      Zilker Elementary School 3.9 mi Public PRESCHOOL-5 5 0
      Barton Creek Elementary School 4.1 mi Public K-5 5 0
      West Ridge Middle School 4.4 mi Public 6-8 5 0
      Richards School For Young Women Leade 4.6 mi Public 6-12 5 4
      Hyde Park Baptist Elementary School 4.8 mi Private PRESCHOOL-8 0 0
      Veritas Academy 4.9 mi Private PRESCHOOL-12 0 0
      Texas School For The Deaf 4.9 mi Public PRESCHOOL-12 0 0
      Gullett Elementary School 4.9 mi Public PRESCHOOL-5 5 0
      San Juan Diego Catholic High School 5.0 mi Catholic 8-12 0 4
      Doss Elementary School 5.0 mi Public K-5 5 0
      Lee Elementary School 5.1 mi Public K-6 5 0
      Premier High School Of Austin 5.1 mi Public 9-12 4 3
      Mccallum High School 5.4 mi Public 9-12 4 3
      The Griffin School 5.6 mi Private 9-12 0 0
      Garza Independence High School 5.6 mi Public 11-12 0 5
      Kealing Middle School 5.7 mi Public 6-8 4 0
      Crockett High School 5.8 mi Public 9-12 2 3
      Travis High School 6.0 mi Public 9-12 1 3
      University Of Texas Elementary Charter School 6.2 mi Public PRESCHOOL-5 3 4
      Anderson High School 6.4 mi Public 9-12 4 4
      Hill Elementary School 6.7 mi Public PRESCHOOL-5 5 4
      River Place Elementary School 6.7 mi Public K-5 5 0
      Four Points Middle School 6.8 mi Public 6-8 5 0
      Vandegrift High School 6.8 mi Public 9-12 5 4
      Laura Welch Bush Elementary School 7.1 mi Public K-5 5 0
      Steiner Ranch Elementary School 7.1 mi Public PRESCHOOL-5 5 0
      Mills Elementary School 7.1 mi Public PRESCHOOL-5 5 0
      River Ridge Elementary School 7.1 mi Public K-5 5 0
      Canyon Ridge Middle School 7.2 mi Public 6-8 5 0
      Harmony School Of Excellence - Austin 7.3 mi Public 6-12 2 4
      Bedichek Middle School 7.3 mi Public 6-8 1 3
      Gorzycki Middle School 7.4 mi Public 6-8 5 4
      Austin Peace Academy 7.5 mi Private PRESCHOOL-12 0 4
      Reagan High School 7.5 mi Public 9-12 1 4
      Cowan Elementary School 7.6 mi Public PRESCHOOL-5 5 0
      Lanier High School 7.6 mi Public 9-12 2 3
      Sci Tech Preparatory 7.8 mi Public 7-12 0 3
      Rodriguez Elementary School 7.9 mi Public PRESCHOOL-5 0 3
      Austin Achieve Middle School 7.9 mi Public 6-8 2 0
      Bowie High School 8.0 mi Public 9-12 5 4
      The East Austin College Prep Acade 8.1 mi Public 2-6 1 4
      Laurel Mountain Elementary School 8.3 mi Public K-5 5 0
      Eastside Memorial Green Tech High School 8.3 mi Public 9-12 2 3
      Guerrero Thompson Elementary 8.4 mi Public PRESCHOOL-5 4 0
      Allison Elementary School 8.4 mi Public PRESCHOOL-5 2 0
      Kiker Elementary School 8.4 mi Public PRESCHOOL-5 5 0
      Grandview Hills Elementary School 8.6 mi Public PRESCHOOL-5 3 4
      Harmony Science Academy - Austin 8.6 mi Public K-7 3 0
      Texas Empowerment Academy 8.7 mi Public K-9 2 4
      The East Austin College Prep At Mlk 8.7 mi Public 7-12 1 4
      Kathy Caraway Elementary School 8.9 mi Public PRESCHOOL-5 5 0
      Clayton Elementary School 9.0 mi Public PRESCHOOL-5 5 4
      Paredes Middle School 9.1 mi Public 6-8 1 0
      Canyon Vista Middle School 9.1 mi Public 6-8 5 0
      Lbj High School 9.3 mi Public 9-12 2 3
      Lasa High School 9.3 mi Public 9-12 5 4
      Lake Travis High School 9.3 mi Public 9-12 5 4
      Lake Pointe Elementary School 9.3 mi Public PRESCHOOL-5 5 0
      Canyon Creek Elementary School 9.6 mi Public K-5 5 0
      Hudson Bend Middle School 9.8 mi Public 6-8 5 0
      Graham Elementary School 10.0 mi Public K-5 5 0
      Brentwood Christian School 10.1 mi Private PRESCHOOL-12 0 0
      Baldwin Elementary School 10.1 mi Public PRESCHOOL-5 5 5
      Spicewood Elementary School 10.2 mi Public K-5 5 0
      Akins High School 10.2 mi Public 9-12 3 3
      Baranoff Elementary School 10.3 mi Public K-5 5 0
      Lakeway Elementary School 10.5 mi Public K-5 5 0
      Kipp Austin Collegiate 10.5 mi Public 9-12 3 4
      Nyos Charter School 10.7 mi Public PRESCHOOL-12 5 0
      Westwood High School 11.0 mi Public 9-12 5 4
      Hill Country Christian School 11.3 mi Private PRESCHOOL-12 0 0
      Mcneil High School 11.4 mi Public 9-12 4 3
      Serene Hills Elementary School 11.5 mi Public K-5 5 0
      John B Connally High School 11.6 mi Public 9-12 1 4
      Star Charter School 12.1 mi Public K-12 5 0
      Harmony School Of Political Science And Communication - Austin 12.1 mi Public K-12 4 4
      Dessau Middle School 12.2 mi Public 6-8 1 3
      Renaissance Academy 12.7 mi Private PRESCHOOL-12 0 0
      St Dominic Savio Catholic High School 13.6 mi Catholic 9-12 0 0
      Rutledge Elementary School 13.8 mi Public PRESCHOOL-5 5 0
      Elsa England Elementary School 14.0 mi Public PRESCHOOL-5 5 0
      Cedar Valley Middle School 14.2 mi Public 6-8 5 0
      Patsy Sommer Elementary School 14.7 mi Public K-5 5 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for Austin, TX
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.