About the Leander Housing Market
Leander, Texas has experienced significant growth over the past few decades. According to the US Census Bureau, the population of Leander grew from around 7,600 in 2000 to over 65,000 in 2020, making it one of the fastest-growing cities in the state.
With a commuter rail, award-winning school districts and more affordable housing options, Leander has continuously proven to be a top contender for those looking to move to Central Texas. Along with its great living amenities, Leander has plenty of attractions, including the popular destinations of Lake Travis and Old Town Leander.
Leander is surrounded by beautiful natural surroundings, including Lake Travis, the Balcones Canyonlands National Wildlife Refuge, and the Hill Country. There are endless opportunities for hiking, biking, fishing, and camping in the area.
Median Household Income: $117,090
Metro Population: 2.3 Million
11-Year Population Growth: 33.47%
Median Home Price: $452,000
Median Rent Per Month: $2,300
1-Year Equity Growth: -14% (due to rising rates)
8-Year Equity Growth : 125%
1-Year Rent Growth: -2%
8-Year Rent Growth (January 2014 – December 2022): 25.2%
Job Growth: +8,300 CES jobs created over the last year
1-Year Job Growth Rate: 10.1%
Unemployment Rate: 2.9%
Tenant Laws: Landlord-Friendly
What to Like
Affordable cost of living
Strong job market
Excellent schools
Safe
Beautiful scenery
What to Watch Out For
High growth rate
Lack of public transport
Traffic congestion
– Leander is a growing city with a strong economy. There are a number of major employers in the area, including Samsung, Dell, and Oracle.
– Leander is home to a number of excellent healthcare providers, including Seton Medical Center Williamson and St. David’s Hospital.
– Leander is located just north of Austin, which gives residents easy access to the city’s many attractions, including the University of Texas, the Texas State Capitol, and the Barton Creek Greenbelt. The city is just a short drive from Austin, which means that residents have access to all of the city’s amenities, including world-class restaurants, bars, and cultural attractions.
– Leander is home to some of the best public schools in Texas. The district consistently ranks high in state and national assessments, and it offers a wide variety of educational programs and extracurricular activities.
– The cost of living in Leander is lower than in many other parts of the Austin metro area, making it an attractive option for families and young professionals looking for affordable housing.
Affordable cost of living
Leander is a relatively affordable city to live in, especially compared to other major cities in Texas. The cost of housing, groceries, and transportation are all lower in Leander than in Austin or Dallas. Leander offers a high quality of life with good schools, parks, and recreational opportunities. The city has invested in new infrastructure projects, such as a new public library and a regional park, which have made it an even more attractive place to live.
Safe and health conscious
Leander is a safe and family-friendly community. The crime rate is low, and there are plenty of parks, playgrounds, and other amenities for families to enjoy. Leander is home to a number of excellent healthcare providers, including Seton Medical Center Williamson and St. David’s Hospital.
Steady home price appreciation
The median home value in Leander was only $250,000 in 2015. This means that home prices in Leander have appreciated by over 80% in just eight years. Given the strong job market in Austin and the proximity to the city, it is likely that home prices in Leander will continue to appreciate in the years to come.
Purchasing Property in Leander
The strong job market in Austin: Austin is a major economic hub, and the job market in the city is very strong. This has attracted a lot of new residents to the Austin area, which has put upward pressure on home prices.
Leander is home to some of the best schools in the Austin area. The Leander Independent School District (LISD) is consistently ranked as one of the top school districts in Texas.
Leander is a very family-friendly community. There are plenty of parks, playgrounds, and other amenities for families to enjoy. The city also has a strong sense of community, with many opportunities for residents to get involved in local activities.
Leander, Texas
No warranty, expressed or implied, is made regarding the accuracy, adequacy, completeness, reliability or usefulness of any data provided. These data are provided “as is.” All warranties of any kind, expressed or implied, including but not limited to fitness for a particular use, freedom from computer viruses, and non-infringement of proprietary rights, are disclaimed. By visiting this website, the user agrees that the data presented here is added and changed periodically, and data may become out-of-date quickly. This data is provided for informational use only, and the user is encouraged to perform his/her own research.