Austin rent behavior in the latest snapshot does not show broad re-acceleration, and some ZIPs may still reflect weaker rent momentum relative to prior periods. 0 of 42 ZIPs (0%) show faster rent growth. The median tracked ZIP has a home-value-to-annual-rent ratio of 27.5. The median tracked ZIP records about 32 pending homes per 100 new listings.
Key stats
- The median tracked ZIP has a home-value-to-annual-rent ratio of 27.5.
- The median tracked ZIP records about 32 pending homes per 100 new listings.
- 0 of 42 ZIPs (0%) show faster rent growth.
- New-construction sales changed -3.67% year over year.
- Tracked ZIP markets
- 42
- Median ZIP home value
- $559,762
- Median ZIP rent
- $1,698
- rent acceleration share
- 0 of 42 ZIPs (0%) show faster rent growth.
- metro price to rent
- The median tracked ZIP has a home-value-to-annual-rent ratio of 27.5.
- median pending flow
- The median tracked ZIP records about 32 pending homes per 100 new listings.
How broad is rent softening?
0 of 42 ZIPs (0%) show faster rent growth.
Metro new-construction sales changed -3.67% year over year.
Sources and method
- HomeMarketCap.com data sources: ZIP and metro housing-market datasets
- HomeMarketCap.com methodology: calculation and missing-data rules