Cities with the most expensive homes in the Austin metro area

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ungvar // Shutterstock
ungvar // 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. But with home prices reaching record heights, affordability plays a huge role for buyers.

The typical home value in the United States was $369,678 in August, 1.3% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of September 17, the 30-year fixed mortgage rate sits at 6.95%.

Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.

Stacker compiled a list of cities with the most expensive homes in the Austin metro area using data from Zillow. Charts show the monthly typical home value since January 2018. Data was available for 52 cities and towns.

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#30. Marble Falls, TX

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#30. Marble Falls, TX

- Typical home value: $398,888
- 1-year price change: -2.5%
- 5-year price change: +1.8%

#29. Woodcreek, TX

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#29. Woodcreek, TX

- Typical home value: $403,264
- 1-year price change: -0.9%
- 5-year price change: +2.2%

#28. Point Venture, TX

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#28. Point Venture, TX

- Typical home value: $403,455
- 1-year price change: -3.5%
- 5-year price change: -10.3%

#27. Cedar Creek, TX

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#27. Cedar Creek, TX

- Typical home value: $419,941
- 1-year price change: -5.7%
- 5-year price change: +4.2%

#25. Leander, TX

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#25. Leander, TX

- Typical home value: $421,703
- 1-year price change: -6.2%
- 5-year price change: -13.8%

#24. Harwood, TX

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#24. Harwood, TX

- Typical home value: $428,521
- 1-year price change: -6.9%
- 5-year price change: data not available

#23. Paige, TX

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#23. Paige, TX

- Typical home value: $445,247
- 1-year price change: -3.2%
- 5-year price change: +7.5%

#22. Cedar Park, TX

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#22. Cedar Park, TX

- Typical home value: $461,620
- 1-year price change: -3.6%
- 5-year price change: -10.6%

#20. Mountain City, TX

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#20. Mountain City, TX

- Typical home value: $465,714
- 1-year price change: -3.3%
- 5-year price change: -14.6%

#19. Red Rock, TX

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#19. Red Rock, TX

- Typical home value: $466,322
- 1-year price change: -4.7%
- 5-year price change: +5.8%

#18. Jonestown, TX

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#18. Jonestown, TX

- Typical home value: $480,453
- 1-year price change: -3.8%
- 5-year price change: -10.0%

#17. Liberty Hill, TX

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#17. Liberty Hill, TX

- Typical home value: $483,989
- 1-year price change: -6.6%
- 5-year price change: -8.3%

#16. Austin, TX

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#16. Austin, TX

- Typical home value: $497,418
- 1-year price change: -3.7%
- 5-year price change: -15.2%

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#15. San Leanna, TX

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#15. San Leanna, TX

- Typical home value: $525,821
- 1-year price change: -1.9%
- 5-year price change: -1.5%

#14. Rosanky, TX

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#14. Rosanky, TX

- Typical home value: $537,849
- 1-year price change: -4.3%
- 5-year price change: -1.9%

#13. Coupland, TX

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#13. Coupland, TX

- Typical home value: $564,773
- 1-year price change: +4.4%
- 5-year price change: +3.1%

#12. Florence, TX

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#12. Florence, TX

- Typical home value: $570,225
- 1-year price change: +4.5%
- 5-year price change: +7.5%

#10. Dripping Springs, TX

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#10. Dripping Springs, TX

- Typical home value: $691,127
- 1-year price change: -0.2%
- 5-year price change: -5.0%

#9. Spicewood, TX

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#9. Spicewood, TX

- Typical home value: $699,176
- 1-year price change: -1.6%
- 5-year price change: -3.5%

#8. Lakeway, TX

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#8. Lakeway, TX

- Typical home value: $739,130
- 1-year price change: -0.2%
- 5-year price change: -7.9%

#7. The Hills, TX

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#7. The Hills, TX

- Typical home value: $817,387
- 1-year price change: +1.8%
- 5-year price change: -1.1%

#6. Driftwood, TX

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#6. Driftwood, TX

- Typical home value: $919,806
- 1-year price change: +0.0%
- 5-year price change: +1.6%

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#5. Sunset Valley, TX

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#5. Sunset Valley, TX

- Typical home value: $929,761
- 1-year price change: -5.0%
- 5-year price change: -7.5%

#4. Volente, TX

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#4. Volente, TX

- Typical home value: $1,040,120
- 1-year price change: +1.9%
- 5-year price change: -4.6%

#3. Lost Creek, TX

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#3. Lost Creek, TX

- Typical home value: $1,288,331
- 1-year price change: +2.0%
- 5-year price change: +10.1%

#2. West Lake Hills, TX

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#2. West Lake Hills, TX

- Typical home value: $2,075,308
- 1-year price change: +7.5%
- 5-year price change: +10.8%