Is Austin Still Growing? What Migration Trends Mean for the Housing Market
Derek Peterson Derek Peterson

Is Austin Still Growing? What Migration Trends Mean for the Housing Market

During the pandemic years Austin experienced one of the largest population booms in the country. Between 2020 and 2022 the Austin metro added nearly 95,000 new residents through migration alone, fueled largely by remote work, tech expansion, and people relocating from higher-cost states. 2021 in particular was the peak of that movement, and it played a huge role in why housing demand and home prices accelerated so quickly during that time. When thousands of people move to the same city at once, the housing market naturally feels that pressure.

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