We just love the release of these new numbers…give us a call if you want to learn more about Leander! 512-259-1907
Life in a boomtown has its perks. Growth brings opportunity.
We’re seeing that more than ever when it comes to housing. The Austin Board of Realtors released its latest housing numbers, and they show the median home price is now $320,000 – a 73% increase in the last 10 years.
We decided to look at the fastest growing ZIP codes in the area, and what we found is that families are increasingly choosing to live outside the Austin city limits.
“The hottest two areas right now are Cedar Park and Leander. The northwest sector of Austin,” said Susan Horton, a longtime Austin Realtor.
The sleepy suburbs of Austin aren’t so sleepy anymore.
“Back in the day, Cedar Park and Leander were sleepy little communities where people had to drive into Austin to be able to shop, eat or have any form of activities,” Horton said. “Today, they have all types of activities and restaurants and shopping at their fingertips. So they can live, work and play right there in their own backyard.”
Horton has seen a lot of changes in her 30-year career. The biggest is showing up this year.
“People are not investing in Austin proper,” she said.
The proof is in the numbers.
Leander tops the list!!!! These are the ZIP codes that have sold the most houses so far this year:
78641, Leander: Median home price, $288,083; 1,632 homes sold
78130, Canyon Lake/New Braunfels: Median home price $240,000; 1,559 homes sold
78660, Pflugerville: Median home price $268,000; 1,548 homes sold
78613, Cedar Park: Median home price $327,250; 1,117 homes sold
78628, Sun City/Georgetown: Median home price $338,135; 1,010 homes sold
The five hottest selling ZIP codes in the Austin area are based on sales numbers provided by the Austin Board of Realtors. (Note: Data was provided by the Texas REALTORS® Data Relevance Project in partnership with the Austin Board of REALTORS®. Data analysis provided through a research agreement with the Real Estate Center at Texas A&M University.)
In the hottest ZIP code, 78641 in Leander, you can buy a three-bedroom, three-bath, 2,300-square-foot home for $285,000.
“The median price is $288,000 in the Leander area. Still, that’s affordable enough that an average family with two incomes of about $95,000 a year can afford to live there and own their own property,” Horton said.