Austin home prices (US$/m²): returns since 2012
Austin home prices, measured as the typical value per square meter (data: Redfin). This is the value of the property itself — bricks and mortar — not an investor's total return.
It excludes rent received and all costs (closing, property taxes, maintenance, vacancy). Compare it against U.S. inflation (CPI) and the S&P 500 below to see whether Austin real estate kept up.
Austin sits at the center of the Texas tech corridor, a magnet for software firms, semiconductor plants and out-of-state companies that relocated headquarters there over the past decade. That influx made it one of the Sun Belt's loudest pandemic-era booms: prices ran up sharply as remote workers and Bay Area money arrived after 2020, then cooled markedly as building caught up and rates rose. Texas has no state income tax, and the metro's mix of universities, music and employer relocations keeps demand on the affluent end for a southern market, though it trades well below the most expensive coastal hubs.
Cumulative return by window (in U.S. dollars)
| Window | Cumulative |
|---|---|
| 1 year | -6% |
| 5 years | -8% |
| 10 years | 67% |
Largest historical drop: -28% · annual volatility: 11% . Typical home price per m² (Redfin). Excludes rent received, closing costs, property taxes, maintenance and vacancy — the value of the property itself, not the investor's total return.
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Descriptive, educational content computed from official public data. Not investment advice. Past performance does not guarantee future results.