Housing
Median home price, existing single-family homes
2017 | 2018 | 2019 | PERCENT CH. | ||
|---|---|---|---|---|---|
2017-18 | 2018-19 | ||||
| Austin MSA | $295,800 | $315,900 | $329,200 | 6.8% | 4.2% |
| United States | $248,800 | $261,600 | $274,600 | 5.1% | 5.0% |
Median home price, existing single-family homes, 2019
Source: National Association of Realtors.
Housing affordability
Source: National Association of Home Builders, Housing Opportunity Index.
Median apartment rents, 2020
1 BEDROOM | 2 BEDROOMS | 3 BEDROOMS | |
|---|---|---|---|
| Austin MSA | $1,220 | $1,458 | $1,896 |
| U.S. Metros* | $1,099 | $1,346 | $1,793 |
*weighted average of medians for all U.S. metros.
Source: U.S. Department of Housing & Urban Development, 50th Percentile Rent Estimates.
Note: Time series of annual and monthly numbers for home prices and other housing market indicators are updated monthly on the Chamber's Economic Indicators page.