None of the 42 tracked Austin ZIPs shows rent re-acceleration in the latest snapshot, which is what softening looks like in the data. 0 of 42 ZIPs (0%) show faster rent growth. Across tracked ZIPs the typical home value runs from $270,219 in 78725 to $1,315,141 in 78703 — a factor of 4.9. New-construction sales changed -3.67% year over year.
Key stats
- Across tracked ZIPs the typical home value runs from $270,219 in 78725 to $1,315,141 in 78703 — a factor of 4.9.
- The median tracked ZIP records about 32 pending homes per 100 new listings.
- The median tracked ZIP has a home-value-to-annual-rent ratio of 27.5.
- 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.
- housing cost spread
- Across tracked ZIPs the typical home value runs from $270,219 in 78725 to $1,315,141 in 78703 — a factor of 4.9.
- new construction change
- New-construction sales changed -3.67% year over year.
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
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