Round Rock Real Estate Market Overview
Average Monthly Rent:
$1,159
Percentage Change in Home Price/Value:
3.60%
Median Home Value:
$277,700
Best Time To Sell Home:
June
Affordability Index:
152.6
Days To Sell House:
61.292
Job Market:
Strong
Public School Ranking:
33
Location and Weather
Round Rock is about 20 miles north of downtown Austin and is a part of the Austin--Round Rock—San Marcos metropolitan area. The city is on both sides of the Balcones Escarpment, a fault line with fertile, black soils of the Blackland Prairie.
The weather in Round Rock is warm from early June through September with an average high temperature above 88 degrees and evening lows in the mid 70’s. The cool season is from late November through February with an average daily temperature below 67 degrees and lows in the low 40’s. The Memorial Park is a highlight of Round Rock with a peaceful park with a beautiful water view of the round rock that gave the city its name.
Population, Job Market and Cost of Living
Round Rock’s population was 123,678 in 2017 with an annual growth rate of 2.34%. The cost of living is high due to the Round Rock real estate market and higher cost of housing. Its job market has increased 3.5% over last year. The ten-year future job growth is predicted to be 52.2%. The major employers in Round Rock are Manufacturing, Retail Trade and Health Care & Social Assistance. The biggest businesses are Dell, Toppan Photomasks, AIRCO Mechanical Inc. and TECO-Westinghouse Motor.
With a warm climate, reputation as a great place to raise families, proximity to Austin and growing job rate backed by major employers, Round Rock will continue to see growth in its community as people move there to live and work.
