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Foreclosure Homes in Austin, TX 78727

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Austin, TX Foreclosures

How much do homes sell for in Austin, TX?
The average home price is currently $684,277.
In Austin, TX, how many homes are available?
There are currently 11 active home listings available in Austin.
What’s the average rental cost in Austin, TX?
The average rental price in Austin is $2,062.
What is the most expensive home in Austin?
The most expensive home sold in Austin had a price of $40,376,880.
What is currently the cheapest priced home in Austin, TX?
The cheapest home for sale in Austin is priced at $16,212.

Living in Austin, TX

Austin, Texas is a vibrant city known for its live music scene, diverse culture, and a bustling tech industry. This city offers various outdoor activities, numerous parks, and a strong sense of community, making it an attractive place to live for families and young professionals alike. Coupled with exceptional dining options and a thriving arts scene, Austin presents a unique lifestyle that is hard to resist.

Current Market Conditions in Austin, TX

Austin's real estate market remains competitive, with a high demand for housing fueled by the city's growing tech industry and influx of newcomers. Despite fluctuations, home prices continue to rise, showing a resilience that indicates a robust market.

Rentals in Austin have surged as the city attracts more residents seeking a blend of urban living and rustic charm. Consequently, rental prices have also seen a noticeable increase, making it a prime area for investors looking for profitable opportunities.

Home Value Estimator For Austin, TX

There are currently 317,441 real estate properties in Austin, TX, with a median automated valuation model (AVM) price of $502,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Austin, TX, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Austin, TX, is $684,277.00, with the most expensive house in Austin, TX, topping out at $40,376,880.00 and the cheapest home in Austin, TX, clocking in at $16,212.00. In other words, there’s something for every potential homebuyer or savvy investor in Austin, TX!

Rent Prices In Austin, TX

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Austin, TX, is on a rollercoaster ride. The average rent price in Austin, TX, is $2,062.00. Indeed, when looking to rent in Austin, TX, you can expect to pay as little as $650.00 or as much as $6,480.00, with the average rent median estimated to be $1,820.00. The good news is that finding an affordable and desirable property to rent in Austin, TX -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Austin, TX 78727 Foreclosures

Market Trend for Austin, TX

Total Listings Available: 11

Market Values:

Home Prices from $16,212 to $40,376,880

Average Sales Price: $684,277

Rental Values:

Rental from $650 to $6,480

Average Rent Value: $2,062 / month

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