Austin's housing boom: New study shows which zip codes are seeing most growth post-pandemic

kvue ^ | June 24, 2021 | Tori Larned

[bgill]

Areas west and north of Austin are seeing the biggest boom in both median home prices and days on the market, according to the study.

Home owners are flocking to places like Marble Falls, Burnet, Leander and even Wimberley, where median home prices grew by 68%, the biggest jump of all zip codes.

While multiple factors come into play – including new tech giants moving to town – the coronavirus pandemic also played a significant role in this shift. Home building supplies ran into shortages, and people started working from home more, so commuting was no longer an issue...

The report also found that 29 zip codes in the Austin area had median home prices over $100,000 more than what they cost in the months leading up to the pandemic.

[TribalPrincess2U]

I agree. They want Texas REALLLLLLLLY bad!

[MMaschin]

I live in SW Austin, I was recently in a restaurant in Circle C sitting at the bar, and about 50% of those in the bar where from California.

When I mentioned Californians moving here and turning Texas "blue" the guy sitting next to me says - "no way". He knew a lot of people moving here from CA and none would be voting D. He said the reason he moved here was because he and his wife wanted to start a family and "in CA you need to pay for 3 kids that aren't yours before you can start to pay for your own". I hope he's right.

As far as housing costs go, it's absolutely bonkers. We were looking to downsize anyway, so my wife and I bought a condo and we are renting our house out. I got 3600 for a 4 x 3.5 3100sqft home in Shady Hollow - 2 year lease without even listing it, they saw yard sign before it was listed. People moving here for Tesla, Samsung and Oracle haven't gotten here yet, prices will go up for another 2 years.