Profusion of million-dollar homes in Austin adds fuel to already red-hot housing market Austin's luxury home market has swelled in recent years with the creation of new wealth tied to an ongoing economic upswing, plus a large influx of newcomers. 19.2 of every 1,000 Austin owned-occupied homes are valued at $1 million or more, according to a CultureMap analysis of Census data from 2011-2015. That was tops among the state's big cities: Houston came in second at 15.2 out of every 1,000 homes while Dallas-Fort Worth had 13.5 out of 1,000 and San Antonio had eight out of 1,000.
Austin home prices up 10% in January