All of a sudden, Austin is a $500,000 housing market

This number and others in this story have experts doing double-takes: In the Austin metro, the median sales price reached $499,995 in February, according to the Austin Board of Realtors. Due to the lag time in reporting, it’s likely that number has already surpassed $500,000. Click through for more on the latest stats, plus what Realtors expect for the 2022 housing market.