Round Rock, Texas Housing Market Prices
Round Rock Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 44% above the Texas median$373,290
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Median rent 26% above the Texas median$1,760
Housing Market Overview
| Metric | Round Rock | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $373,290 | $258,873 | $248,835 |
| Price Trend (Annual %) | 9.0% | 9.2% | 7.5% |
| Median Gross Rent | $1,760 | $1,402 | $1,407 |
| Rent Trend (Annual %) | 6.1% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Round Rock is about 44% higher than in Texas. Rent is about 26% higher than the Texas average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Round Rock, up about 9.0% and 6.1% a year respectively. Home prices are changing faster.
Median rent in Round Rock rose about 69.2% between 2015 and 2024, from $1,040 to $1,760. Over the same span, rent in Texas rose about 59.1%.
Affordability
On average, housing unit costs 3.8 yearly household incomes in Round Rock.
Buying the median-priced home in Round Rock costs roughly 17.7 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Round Rock. The price-to-rent ratio in Texas is about 15.4.
| Metric | Round Rock | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $373,290 | $258,873 | $248,835 |
| Median Household Income | $99,390 | $78,939 | $80,455 |
| Price-to-Income Ratio | 3.8 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Round Rock rose about 107.7%, while median household income rose about 43.2% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Round Rock | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 52.6% | 56.7% | 58.5% |
| Rental Rate | 42.7% | 33.9% | 31.2% |
| Vacancy Rate | 4.7% | 9.4% | 10.2% |
| Median Tenure (years) | 11.0 | 14.0 | 15.0 |
| Median Year Moved In | 2015 | 2012 | 2011 |
Round Rock has a homeownership rate of 52.6%, lower than the Texas average of 56.7%. Its housing vacancy rate is 4.7%, compared with 9.4% in Texas.
Housing Stock
| Metric | Round Rock | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.64 people | 2.69 people | 2.53 people |
| Median Structure Built Year | 1999 | 1990 | 1978 |
| Median Number of Rooms | 5.5 | 5.4 | 5.5 |
The typical housing unit in Round Rock was built around 1999. On average, 2.6 people live in a home with about 5.5 rooms, staying for about 11.0 years on average.
Round Rock, TX Housing Compared With Nearby Cities
Round Rock, TX is the largest of the 4 cities compared here, 117,127 residents against a local median of 63,868. The measure that sets Round Rock, TX apart most is median home price: $373,290, 92% above the local median of $194,838.
Homeownership tells the same story from another angle: 55.2% against a local median of 72.1%, 23% below it. The one measure here that carries a verdict is homeownership, and at 23% below the local median it puts Round Rock, TX at the weaker end of the local range. The cities themselves spread $220,776 on median home price, so Round Rock, TX sits at one end of an already wide local range rather than apart from it. Round Rock, TX has the highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Round Rock, TX | 117,127 | $373,290 #1/4 | $1,760 #4/4 | 55.2% #4/4 |
| Pflugerville, TX | 63,868 | $46,871 | $1,969 | 68.9% |
| Hutto, TX | 20,828 | $194,838 | $2,218 | 79.4% |
| Georgetown, TX | 75,111 | $267,647 | $1,808 | 72.1% |
Frequently Asked Questions
Common questions about the housing market in Round Rock, Texas.
What is the median home price in Round Rock, Texas?
The median home price in Round Rock, Texas is $373,290, higher than the Texas average of $258,873.
What is the average home price in Round Rock, Texas?
The typical home price in Round Rock, Texas, reported as the median sale price, is $373,290. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Round Rock, Texas?
The median gross rent in Round Rock, Texas is $1,760 per month, higher than the Texas average of $1,402.
What was the median gross rent in Round Rock in 2020?
In 2020, the median gross rent in Round Rock, Texas was $1,350 per month.
What is the price-to-rent ratio in Round Rock, Texas?
The price-to-rent ratio in Round Rock, Texas is about 17.7, meaning it would take roughly 17.7 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Round Rock.
Are home prices or rent rising faster in Round Rock, Texas?
Both home prices and rent are rising in Round Rock, up about 9.0% and 6.1% a year respectively. Home prices are changing faster.
What is the homeownership rate in Round Rock, Texas?
52.6% of households in Round Rock, Texas own their home, lower than the Texas average of 56.7%.
What is the vacancy rate in Round Rock, Texas?
The housing vacancy rate in Round Rock, Texas is 4.7%, lower than the Texas average of 9.4%.
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