There is no denying that housing prices in Austin have been going up. What surprises me is the disconnect between residents who have lived in Austin awhile and those that are moving in from other areas of the country. I hear from many local residents how expensive housing is in Austin and from those moving in from other states how affordable our houses are! The following chart plots data from a LendingTree analysis of the median price per square feet of 25 of the largest cities in the US. As much as Austin houses have appreciated it is not unique to our city. There has been an equal if not greater appreciation in many other areas of the country. As a 25 year resident of Austin the price of houses here surprises me but looking at the chart below helps me keep things in perspective.