Round Rock Real Estate Market Overview
Average Monthly Rent:
$1,530
Percentage Change in Home Price/Value:
37.3%
Median Home Value:
$459,900
Best Time To Sell Home:
August
Affordability Index:
155
Days To Sell House:
36
Job Market:
Fair
Public School Ranking:
28
Location and Weather
Round Rock, Texas sits 15 miles north of Austin in central Texas Hill Country. This city’s location in a transitional zone between the southwest and southeast explains both the cactus-ridden dry land and the lush green prairies that are found here. It is also the 31st largest city in Texas, and has a reputation for an award winning park system, school district, and low crime rate. Despite this community’s continuous expansion, it still maintains its family-friendly –esque and distinct nature.
In Round Rock, summers can be very hot and humid here and winters are typically short and mild. There is a slight threat of hurricanes or tornadoes, but no potential for earthquakes.
Population, Job Market and Cost of Living
Round Rock’s population is 146,941, with a growth rate of 3.18% annually. The job market here has increased by 3.5% over the last year. In ten years, job growth is predicted to be 52.2%. Round Rock was once known to be a quiet suburb, but is now recognized as a booming economic, commercial, and residential development. It is not only a thriving metro area, but a major center for economic development in central Texas as well.
With such close proximity to Austin, this also means that many of Round Rock’s residents have taken advantage of the employment opportunities in the nearby city. This is an expensive place to live in Texas and in the U.S., considering the high housing and transportation expenses.