austin Archives - All Star Home Solutions https://www.allstarhomesolutionsllc.com/tag/austin/ We Help You Realize Your Real Estate Goals Fri, 01 Dec 2023 18:27:44 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.1 Home prices in Austin, Texas, are finally falling. See homes you can buy for under $400,000. https://www.allstarhomesolutionsllc.com/home-prices-in-austin-texas-are-finally-falling-see-homes-you-can-buy-for-under-400000/ https://www.allstarhomesolutionsllc.com/home-prices-in-austin-texas-are-finally-falling-see-homes-you-can-buy-for-under-400000/#respond Thu, 19 Oct 2023 06:45:40 +0000 https://www.allstarhomesolutionsllc.com/?p=1387

Home prices in Austin, Texas, are coming down after a pandemic hot streak, according to Realtor.com.





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Home prices in the pandemic boomtown of Austin, Texas, are starting to come back down to earth.

The city’s population grew by 94,764 between 2020 and 2022, according to the Austin Chamber of Commerce, as remote-work orders and an appetite for lower-density living drove many to the Lone Star State capital.

The demand for housing from the sudden influx of residents drove up home prices. In May 2019, the median list price for a home in Austin was $371,056, according to Realtor.com. By May 2022, it had ballooned to $629,542, a 70% increase.

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Source: INSIDER

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