Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$414,273−4.3% YoY · prices are falling fast
Market right nowBuyer's marketMore homes for sale than last year, 26% have cut their price
Income needed to buy, per year$89,806About 0.9× the local median income ($100,240): affordable for a typical household
Days on market84 daysSlower than a year ago: buyers have time to negotiate
Next 12 months−2.4%Zillow expects prices to dip slightly
The typical home in Austin-Round Rock-San Marcos, TX is worth $414,273, down 4.3% from a year ago. That is slightly below what local incomes have historically supported: fair value is about $439,076, so the area is 5.6% undervalued. It is a buyer's market: homes take about 84 days to sell, listings are up 1% from a year ago, 26% of listings have had a price cut. Zillow expects prices to fall about 2.4% over the next year. A household needs about $89,806 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $100,240. Typical rent is $1,603 a month, or $2,285 for a house. In the latest IRS figures, 16,734 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$414,273
Change in 1 year
−4.3%
Overvalued %
−5.6%
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Fair home value
$439,076
Change in 5 years
−14.2%
Zillow forecast, next 12 months
−2.4%
Home value to income
4.1×
Monthly mortgage payment (20% down)
$2,245
Income needed to afford it
$89,806
Property tax rate
1.53%
Rent and investing
Typical rent
$1,603
Typical rent for houses
$2,285
Price-to-rent ratio
21.5×
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HUD Fair Market Rent, 2 bedrooms
$1,817
Gross rental yield
4.64%
Cap rate (estimate)
3.02%
Market activity
Listings vs a year ago
+1.3%
Days on market
84
Listings with a price cut
26.2%
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Homes for sale
11,631
Pending sales per 100 listings
26
Asking price per sq ft
$226
People and jobs
Median household income
$100,240
Population change (1 year)
+2.1%
Unemployment rate
4.3%
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Population
2,620,945
Income adjusted for cost of living
$102,181
Net moves in (IRS)
+16,734
Cost of living (US = 100)
98.1
Schools, risk and environment
School rating (1 to 10)
6.0
FEMA hazard risk score (0 to 100)
93.6
Unhealthy air days a year
6
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Flood risk score
94.9
Wildfire risk score
88.3
Walkability (1 to 20)
9.0
Road, rail and air noise
54 dB
Questions people ask
Is Austin-Round Rock-San Marcos, TX overvalued?
Home prices in Austin-Round Rock-San Marcos, TX are slightly below what local incomes have historically supported: fair value is about $439,076, so the area is 5.6% undervalued.
Is Austin-Round Rock-San Marcos, TX a buyer's or seller's market?
Austin-Round Rock-San Marcos, TX is a buyer's market: homes take about 84 days to sell, listings are up 1% from a year ago, 26% of listings have had a price cut.
Are home prices going down in Austin-Round Rock-San Marcos, TX?
Home values in Austin-Round Rock-San Marcos, TX are down 4.3% over the last year. Zillow's forecast for the next 12 months is −2.4%.
How much do you need to earn to buy a home in Austin-Round Rock-San Marcos, TX?
A household needs about $89,806 a year to afford the typical home in Austin-Round Rock-San Marcos, TX at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $100,240.