Support Us Button Widget

Austin still ranks high in hottest real estate markets

The area has cooled a bit, but it remains one of the most desirable areas in the US.

The Austin skyline from afar, with grass in the foreground.

You don’t have to tell us Austin is a great place to live.

Photo by @theaustinaesthetic

Texas is hot — both literally and figuratively. 🔥

Texas cities were all over the 2023 Emerging Trends in Real Estate list — put together by the Urban Land Institute and PricewaterhouseCoopers — and Austin remains in the top five hottest markets of the US and Canada. The study measures overall real estate prospects for the coming year.

Here’s how Texas’ most desirable markets stack up:

  • No. 2: Dallas-Fort Worth
  • No. 4: Austin
  • No. 12: San Antonio
  • No. 14: Houston

Given Austin’s explosive growth and proclivity for new development, the city falls into the “Supernova" category, which is defined by “tremendous and sustained population and job growth,” high “economic diversity and white-collar employment,” and likelihood to remain on that trajectory.

Though the capital city falls behind Nashville, Dallas, and Atlanta, Austin’s placement has not wavered since the 2022 report. However, Dallas shot up a staggering five places, surpassing Austin for the first time since 2019.

More from ATXtoday
The home services company helps single mothers, veterans, and older Austinites with yard work that would otherwise be difficult to undertake alone.
The “somewhere on Google Maps” trend is running rampant on social platforms — let’s try it out in the Capital City.
We’re highlighting the best kid-friendly activities that Austin has to offer, complete with art classes, animal encounters, and outdoor fun.
We spent 2024 doing what we do best — chatting with Austinites who are making our fair city a better place.
Sip your way through the Capital City at these 15 local breweries.
Tell us what local knowledge you want to gain in 2025, and we’ll investigate until we find your answer.
The 3D-printing construction company partnered with Camp Mabry to bring fresh buildings to the home of the Texas National Guard and the Texas State Guard.
Treat Santa (or your loved ones) to some gourmet goodies from local bakeries this year — they’re a present all their own.
Historical markers are physical signs, plaques, and statues that commemorate a significant place or event. Where would you like to see a historical marker around Austin?
The Mermaid Capital of Texas, home to Texas State University, and riverside town is a great place to take a day trip — we’ve got all the spots to hit when you visit.