The real estate market in Austin is so hot you best not stand too close. Homebuyers are flocking to Austin to buy a coveted home in the capitol of Texas. So, for this next year, where are the homes the most desired? If you are looking for the best places to live in Austin read on.
The following neighborhood home prices have been consistently creeping north. People want to live here, house-flipping companies want to buy here and homes available can’t keep up with demand.
These areas are on the up-and-coming but already have a lot of what homebuyers are looking for; great restaurants, shops and that cute neighborhood feel.
This is the most expensive area on the list with the median home costing a pretty penny of $675,000 in 2018. Compare this to the Austin average home price of 304,500. Homes go fast in this area, month tops. This area is great for growing families. It’s a quieter part of Austin.
Riverside
This neighborhood is significantly more affordable with the median home selling for $406,500 but they also stay on the market a little longer for an average of almost eight weeks. This area is great for young professionals. Quick access to downtown, trendy places to eat and top music venues make this a must.
Northwest Austin
This area is the most affordable but it also the furthest from downtown Austin. Homes here sell for an average of $325,550, slightly above the city average however one-fourth of homes sell above asking price so asking prices in this area are about to shoot up.
If you are looking to move to one of these best places to live in Austin, contact one of Barton Harris & Co. realtors. They know the city well and can help you find your dream home.
