Cities with the most expensive homes in Austin metro area

·Stacker

4 PM production // Shutterstock
4 PM production // Shutterstock

Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. Given the current state of the real estate market, housing affordability plays a determining role for buyers. As of April 4, 2023, the 30-year fixed mortgage rate sits at 6.3%. As a result of higher mortgage rates across the board, home prices have risen significantly. The typical home value in the United States increased over the last year by 4.4% to $328,604.

Although home prices have inflated all across the U.S., there are definitely certain areas that have a higher price tag than others. Location, size, age, and condition are all contributing factors to home value. Whether you choose to hold off your home-buying plans in hopes of the market cooling down or are looking to buy ASAP, it's good to educate yourself on the market in different cities.

Stacker compiled a list of cities with the most expensive homes in Austin using data from Zillow. Cities are ranked by the Zillow Home Values Index for all homes as of February 2023. The ZVHI represents a seasonally adjusted price for the middle market for all homes. Data was available for 53 cities and towns in Austin. Charts for each city show the monthly typical home value since January 2018.

You may also like: Best places to live in the Austin metro area

#30. Marble Falls, TX

Stacker

1 / 30

#30. Marble Falls, TX

- Typical home value: $424,114
- 1-year price change: +5.5%
- 5-year price change: +90.0%

#29. Anderson Mill, TX

Stacker

2 / 30

#29. Anderson Mill, TX

- Typical home value: $433,643
- 1-year price change: -2.1%
- 5-year price change: +46.2%

#28. Lago Vista, TX

Stacker

3 / 30

#28. Lago Vista, TX

- Typical home value: $439,006
- 1-year price change: -0.1%
- 5-year price change: +53.7%

#27. Round Rock, TX

Stacker

4 / 30

#27. Round Rock, TX

- Typical home value: $447,461
- 1-year price change: -0.3%
- 5-year price change: +47.2%

#25. Georgetown, TX

Stacker

6 / 30

#25. Georgetown, TX

- Typical home value: $462,940
- 1-year price change: -0.1%
- 5-year price change: +45.3%

#24. Red Rock, TX

Stacker

7 / 30

#24. Red Rock, TX

- Typical home value: $463,910
- 1-year price change: +9.9%
- 5-year price change: +98.5%

#23. Coupland, TX

Stacker

8 / 30

#23. Coupland, TX

- Typical home value: $469,604
- 1-year price change: +3.1%
- 5-year price change: data not available

#22. Point Venture, TX

Stacker

9 / 30

#22. Point Venture, TX

- Typical home value: $470,262
- 1-year price change: +1.1%
- 5-year price change: +58.7%

#20. Liberty Hill, TX

Stacker

11 / 30

#20. Liberty Hill, TX

- Typical home value: $497,975
- 1-year price change: +0.3%
- 5-year price change: +67.5%

#19. Jonestown, TX

Stacker

12 / 30

#19. Jonestown, TX

- Typical home value: $499,744
- 1-year price change: +2.2%
- 5-year price change: +73.1%

#18. Cedar Park, TX

Stacker

13 / 30

#18. Cedar Park, TX

- Typical home value: $500,025
- 1-year price change: -2.2%
- 5-year price change: +42.8%

#17. Mountain City, TX

Stacker

14 / 30

#17. Mountain City, TX

- Typical home value: $505,692
- 1-year price change: -1.8%
- 5-year price change: +26.2%

#15. Wimberley, TX

Stacker

16 / 30

#15. Wimberley, TX

- Typical home value: $538,381
- 1-year price change: +2.4%
- 5-year price change: +77.6%

#14. Austin, TX

Stacker

17 / 30

#14. Austin, TX

- Typical home value: $554,655
- 1-year price change: +0.9%
- 5-year price change: +59.2%

#13. Rosanky, TX

Stacker

18 / 30

#13. Rosanky, TX

- Typical home value: $563,073
- 1-year price change: +5.0%
- 5-year price change: +95.3%

#12. Hudson Bend, TX

Stacker

19 / 30

#12. Hudson Bend, TX

- Typical home value: $711,087
- 1-year price change: -2.7%
- 5-year price change: +48.8%

#10. Dripping Springs, TX

Stacker

21 / 30

#10. Dripping Springs, TX

- Typical home value: $753,467
- 1-year price change: +0.2%
- 5-year price change: +76.2%

#9. Lakeway, TX

Stacker

22 / 30

#9. Lakeway, TX

- Typical home value: $793,813
- 1-year price change: +0.9%
- 5-year price change: +67.5%

#8. The Hills, TX

Stacker

23 / 30

#8. The Hills, TX

- Typical home value: $880,991
- 1-year price change: +2.0%
- 5-year price change: +55.0%

#7. Bee Cave, TX

Stacker

24 / 30

#7. Bee Cave, TX

- Typical home value: $921,025
- 1-year price change: +3.4%
- 5-year price change: +65.6%

#5. Sunset Valley, TX

Stacker

26 / 30

#5. Sunset Valley, TX

- Typical home value: $990,669
- 1-year price change: +4.8%
- 5-year price change: +55.2%

#4. Volente, TX

Stacker

27 / 30

#4. Volente, TX

- Typical home value: $1,007,655
- 1-year price change: +2.3%
- 5-year price change: +87.4%

#3. Lost Creek, TX

Stacker

28 / 30

#3. Lost Creek, TX

- Typical home value: $1,333,976
- 1-year price change: -0.3%
- 5-year price change: +50.8%

#2. West Lake Hills, TX

Stacker

29 / 30

#2. West Lake Hills, TX

- Typical home value: $2,147,218
- 1-year price change: +7.1%
- 5-year price change: +88.3%