Housing
Median home price, existing single-family homes
2019 | 2020 | 2021 | PERCENT CH. | ||
|---|---|---|---|---|---|
2019-20 | 2020-21 | ||||
| Austin MSA | $329,200 | $367,100 | $488,600 | 11.5% | 33.1% |
| United States | $274,600 | $300,200 | $353,400 | 9.3% | 17.7% |
Median home price, existing single-family homes, 2020
Source: National Association of Realtors.
Housing affordability
Source: National Association of Home Builders, Housing Opportunity Index.
Median apartment rents, 2022
1 BEDROOM | 2 BEDROOMS | 3 BEDROOMS | |
|---|---|---|---|
| Austin MSA | $1,333 | $1,565 | $2,013 |
| U.S. Metros* | $1,201 | $1,461 | $1,919 |
*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.