The median home price in Austin, the state capital, is $5,500, according to a new report from real estate website Zillow.
The median price for a home in Austin is $2,000, compared to $1,700 for a house in Los Angeles.
But if you’re looking to buy a home that’s within reach of the median price in your city, Zillows says Austin has the highest price of any major U.S. city.
Austin is also one of the best cities to find a home when it comes to getting a mortgage.
ZillOW also found that Austin is a home for the millennial, which means millennials are the fastest growing demographic in the U.K., where prices are lower.
Austinites also have lower debt, according the report. Read more