Austin; The most expensive TX city to buy a house

Austin

2022/09/21

To accommodate more people buying homes across TX, builders make lot sizes smaller. Although the avg price per sq ft for a lot in the state is $36K the avg lot size is only 9,539.6 sq ft. This puts TX at No. 46 out of the 50 U.S. states. It costs $5K per sq ft in Vermont with an avg lot size of 78,498.0 sq ft, putting that state at No. 1. The avg lot size in Austin is 8,930 sq ft, and the avg cost is $69.84 per sq ft. As a result, the avg cost of a home with the avg lot size would be $624K for an Austin homebuyer.