Average taxable home value in Austin exceeds $325,000

The city's median home value is up 14 percent year-over-year
  • Austin is considered the fastest growing city in the U.S. and a top market for real estate agents.
  • The city has only 1.6 months of for-sale supply.
  • The city is considered a top market for millennial buyers.

This week more than 417,000 appraisal notices are being sent to Travis County homeowners for 2016 property tax purposes. Homeowners will notice that the appraised values contained within these notices have risen, a reflection of continued home price appreciation that is occurring within Travis County and the city of Austin.

According to the Travis Central Appraisal District, the average taxable home value in Austin rose year-over-year by 6.8 percent to $328,281.