Why Live in Austin
Austin, Minnesota, known as SPAMTOWN USA, offers a relaxed lifestyle along the Cedar River, just 100 miles south of the Twin Cities. With a population of 26,000, the city is home to Fortune 500 companies like Hormel Foods Corporation, providing over 1,800 jobs. The real estate market features affordable single-family homes, including rambler and cottage designs, with new constructions primarily on the north side. Austin boasts 28 parks and 500 acres of green spaces, such as Horace Austin Park and East Side Lake Park, ideal for outdoor activities. The Jay C. Hormel Nature Center offers 9 miles of trails for hiking and cross-country skiing. The SPAM Museum on Main Street provides interactive exhibits about the brand's history. Seasonal events include the 4th of July Freedom Fest and the Paint the Town Pink Campaign, raising funds for cancer research. Main Street features local boutiques and eateries, with notable spots like Steve's Pizza. Austin Public School District serves over 5,000 students with high ratings, and Riverland Community College offers associate degrees. Healthcare is accessible at Austin Medical Center, and transportation is facilitated by U.S. Interstate 90 and SMART bus routes. Crime rates in Austin are lower than the national average, with significant decreases in violent and property crimes in 2023.
Home Trends in Austin, MN
On average, homes in Austin, MN sell after 43 days on the market compared to the national average of 51 days. The median sale price for homes in Austin, MN over the last 12 months is $183,000, up 1% from the median home sale price over the previous 12 months.
Median Sale Price
$183,000
Median Single Family Sale Price
$200,000
Median Townhouse Sale Price
$244,950
Average Price Per Sq Ft
$134
Number of Homes for Sale
75
Last 12 months Home Sales
343
Median List Price
$195,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
1%