When considering a move to Central Texas, one of the most common questions is: Is Round Rock, TX expensive? It’s a fair question, especially as Austin’s real estate market has seen skyrocketing prices in recent years. But Round Rock is not Austin—it’s its own unique market with a balance of affordability, amenities, and opportunity. So, let’s break it down: Is it really expensive? Or does it offer a great value for homebuyers?

How Much Does It Cost to Live in Round Rock?

The cost of living in Round Rock is slightly higher than the national average but significantly lower than its neighbor, Austin. Housing costs make up the biggest expense, but other factors like transportation, groceries, and utilities remain relatively affordable.

Housing Costs: The median home price in Round Rock is lower than Austin’s but higher than some smaller surrounding towns. As of 2024, median home prices hover around $450,000, though this fluctuates based on location, home size, and market trends.
Property Taxes: Texas doesn’t have a state income tax, but property taxes can be a concern for some buyers. Round Rock’s tax rates are comparable to other Central Texas cities, but always check the latest rates before making a purchase.
Utilities and Transportation: Energy costs in Texas can be higher in the summer due to air conditioning, but overall, utility expenses remain manageable. Public transportation options are limited, so most residents rely on personal vehicles, adding to transportation costs.

So, is Round Rock, TX expensive? Compared to many parts of Texas, it sits in the middle range. It’s more affordable than Austin but pricier than more rural areas. The key factor is whether you’re getting value for your money—and in Round Rock, the answer is often yes.

Buying a Home in Round Rock: What to Expect

For those considering buying a home in Round Rock, the market presents both opportunities and challenges. Demand remains strong due to the area’s excellent schools, job market, and community amenities. Here’s what to know before making an offer:

1. Competitive Market, but Not Austin-Level Frenzy

While Round Rock’s housing market is active, it’s not as cutthroat as Austin’s. That means fewer bidding wars and a better chance to negotiate on price, closing costs, or repairs.

2. New Construction vs. Established Homes

New construction communities are popping up across Round Rock, offering modern amenities and energy-efficient designs. However, older homes in established neighborhoods often have larger lots and mature landscaping, making them attractive to many buyers.

3. Best Neighborhoods for Value

Teravista – Master-planned community with golf course access and strong resale value.
Forest Creek – A mix of newer and older homes with a focus on family-friendly living.
Chandler Creek – More affordable than some areas while still offering great amenities.
Paloma Lake – A popular choice for those wanting a newer home with community perks.

If you’re a Round Rock homebuyer, you’ll find options across different price points, making it a flexible market for a variety of budgets.

Round Rock vs. Austin: A Price Comparison

Many people moving to the Austin metro area consider Round Rock as an alternative. Here’s why:

More Home for Your Money: A $500,000 budget in Austin might get you a small bungalow or condo, while in Round Rock, you could land a spacious single-family home with a yard.
Lower Overall Cost of Living: Groceries, dining, and entertainment tend to be slightly cheaper in Round Rock than in Austin’s urban core.
Commuting Trade-offs: While some Round Rock residents commute to Austin for work, new remote work trends are making this less of a concern for many buyers.

So, if you’re deciding whether to live in Austin or Round Rock, consider what matters most—urban excitement or suburban space and value.

Is Round Rock, TX Expensive? The Final Verdict

The answer depends on perspective. Compared to the national average, it’s moderately priced. Compared to Austin, it’s a deal. But if you’re coming from a smaller Texas town, it might feel pricey. The key takeaway? Round Rock offers a strong balance of affordability, amenities, and home value.

For those considering buying a home in Round Rock, now is a great time to explore the market. With steady growth, strong schools, and a thriving economy, it’s no wonder so many people are choosing to call Round Rock home.

Are you a Round Rock homebuyer looking for expert guidance? Let’s connect and find the right home at the right price for you!