Although Austin’s real estate market is showing increases in sales and
home prices, there is one demographic struggling to gain entry. With
millennials—people born between 1981 and 1997, according to the Pew Research
Center, a nonpartisan research organization—making up nearly 36 percent of
Austin’s population, real estate experts say there are not many homes available
within the city limits in their price range. Those homes mostly fall outside
the city boundaries.