Housing Report for Austin-Round Rock
When comparing areas across the State of Texas, Austin-Round Rock ranks 2 of the 25 metro areas in terms of percentage growth in new housing structures. The metropolitan statistical area (msa) ranks 25 of 361, comparing the percentage change in residential real estate in other US MSAs.
The residential home values in Austin-Round Rock, Texas have seen large increases from the housing values in 2000. The residential values have increased by $32,900, or 25.7 percent, from 2000 when they had reported median values of $128,100.
Austin-Round Rock recorded median owner-occupied home value in the year 2005 of $161,000, accounted by the American Community Survey. This value is greater than the State of Texas 2005 median owner-occupied dwelling value of $106,000 and less than median home value of $167,500 for the United States in the same year.
Austin-Round Rock may be described as having a relatively high proportion of residential real estate that is high priced. During the year 2005, the American Community Survey counted that 5.1 percent of the houses were valued over a half a million dollars.
In Austin-Round Rock, the real estate market was made up of 590,900 housing units in the year 2005. This represents a medium-high growth level in the number housing units, adding a total of 66,277 residential structures since 2001, a change of 12.6 percent.
According to the data, there is a fair amount of housing that is affordable in Austin-Round Rock, Texas. In 2005, 29.8 percent of residential real estate was valued under $125,000.
Data Source: U.S. Census Bureau
The residential home values in Austin-Round Rock, Texas have seen large increases from the housing values in 2000. The residential values have increased by $32,900, or 25.7 percent, from 2000 when they had reported median values of $128,100.
Austin-Round Rock recorded median owner-occupied home value in the year 2005 of $161,000, accounted by the American Community Survey. This value is greater than the State of Texas 2005 median owner-occupied dwelling value of $106,000 and less than median home value of $167,500 for the United States in the same year.
Austin-Round Rock may be described as having a relatively high proportion of residential real estate that is high priced. During the year 2005, the American Community Survey counted that 5.1 percent of the houses were valued over a half a million dollars.
In Austin-Round Rock, the real estate market was made up of 590,900 housing units in the year 2005. This represents a medium-high growth level in the number housing units, adding a total of 66,277 residential structures since 2001, a change of 12.6 percent.
According to the data, there is a fair amount of housing that is affordable in Austin-Round Rock, Texas. In 2005, 29.8 percent of residential real estate was valued under $125,000.
Data Source: U.S. Census Bureau
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