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Area data

Austin, TX — ZIP 78723

Population: 38,129 (Census ACS)

Home values & appreciation

Median home value
$479,296
1-year appreciation
-5.2%
3-year appreciation
-19.2%
5-year appreciation
-20.7%
10-year appreciation
+29.5%
All-time peak (2022-06)
$698,368
House Price Index
440.1 (-0.8% YoY)

Market activity

Median sale price
$530,000
Median list price
$399,000
Median days on market
46 days
Sale-to-list ratio
97.8%
Active listings
50
1-year forecast
-4.5%
Days to pending
89 days
New listings (monthly)
52

Rents

Typical rent
$1,883/mo
1-year rent change
-0.1%
1BR fair-market rent
$1,035/mo
3BR fair-market rent
$1,640/mo

Affordability

Cost of living index (Average)
96.5 (100 = US avg)
Electricity rate (state-level)
15.5¢/kWh
Natural gas rate (state-level)
$19.40/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
13
Elementary schools
8
Middle schools
3
High schools
2
Charter schools
6

Natural hazards & flood risk

Overall hazard risk
Relatively High
Top hazards
hail, tornado, heatWave, iceStorm, inlandFlooding
FEMA flood zone
AE
Flood risk level
High

Climate (30-year normals)

Annual precipitation
36.7 in

Air quality

Air quality rating
Moderate
Median AQI (annual)
54
Days with Good air quality
147

Walkability & transit

Walkability index
19.0 / 20
Transit service frequency
243

Amenities

National parks within ~60 mi
2
Nearest national park
El Camino Real de los Tejas National Historic Trail (25 mi)
Nearest airport
Bud Dryden Airport (5 mi)
Nearest major airport
Austin Bergstrom International Airport (AUS) (8 mi)
Hospitals nearby (~15 mi)
1
Solar radiation rating
Good (4.7 kWh/m²/day)

Migration

Net migration
+323 tax filers

Housing stock

Median year housing built
1,983
Median annual property tax
$8,326
Mean commute to work
18 min
Households with broadband internet
82.2%

Employment & development

Total county employment
772,007
Average weekly wage
$1,802
Top industries (by employment)
Professional Services, Health Care, Accommodation & Food
Annual residential building permits (county)
3,700

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents