Updated May 2026 – MLS data: June 2025 through May 2026
Everyone tells you to buy in 78704. At a $679,500 median, that’s solid advice — if the budget is there. But 78704 is not the only great Austin neighborhood for professionals, and for a lot of buyers, it’s not even the right one.
Austin has more than a dozen neighborhoods where single-family homes are closing in the $300s, $400s, and $500s right now. Some are 10 minutes from South Congress. Others are walking distance from the Domain, East Austin coffee shops, or Burnet Road. What they have in common is that actual buyers are buying in them — at prices that don’t require a $200,000 down payment.
This guide covers 15 of those neighborhoods, organized by price tier, with real MLS data from June 2025 through May 2026. No estimates, no Zestimates — closed sales from the same MLS that agents use.
A few things worth knowing before you start. We focused entirely on single-family homes and townhomes, not condos. Many Austin condos carry HOA dues of $600 to $900 per month. At those rates, you can often qualify for a meaningfully higher purchase price on a home without HOA dues and build actual equity every month.
We also want to be upfront about something: in several neighborhoods, especially in the mid-range and stretch tiers, the median price is above what some buyers will be able to spend. That does not disqualify a neighborhood. What matters is the entry point — if homes closed in the $400s last year, you can get into that neighborhood.
2026 Austin Neighborhood Quick Comparison
| Neighborhood | Tier | Zip | Median Price | Entry Point | Avg ADOM | Sales |
|---|---|---|---|---|---|---|
| Olympic Heights | Entry Level | 78748 | $394,950 | $340,000 | 16 days | 24 |
| Chernosky | Entry Level | 78741 | $340,000 | $266,000 | 23 days | 7 |
| Highland | Entry Level | 78752 | $429,000 | $250,000 | 32 days | 44 |
| Addison | Entry Level | 78744 | $349,000 | $295,000 | 73 days | 30 |
| Cherry Creek | Mid Range | 78745 | $523,000 | $245,000 | 31 days | 95 |
| East Cesar Chavez | Mid Range | 78702 | $715,000 | $490,000 | 131 days | 25 |
| Cherrywood | Mid Range | 78723 | $635,000 | $325,000 | 31 days | 37 |
| Delwood | Mid Range | 78723 | $570,000 | $281,000 | 32 days | 41 |
| North Loop | Mid Range | 78756 | $697,500 | $410,000 | 20 days | 28 |
| Walnut Crossing | Mid Range | 78759 | $480,000 | $383,000 | 37 days | 19 |
| Crestview | Mid Range | 78757 | $670,000 | $275,000 | 34 days | 81 |
| Northwood | Mid Range | 78727 | $502,000 | $383,000 | 21 days | 28 |
| Hyde Park | Stretch | 78751 | $850,000 | $365,000 | 35 days | 59 |
| Western Trails | Stretch | 78745 | $640,000 | $365,000 | 57 days | 11 |
| Galindo | Stretch | 78704 | $679,500 | $425,000 | 46 days | 32 |
Entry point = lowest closed sale in last 12 months. Outlier sales may affect figure. Verify with your agent.
Best Austin Neighborhoods for Young Professionals — Map
The map below shows all 15 neighborhoods covered in this guide. The map is interactive — click any marker to explore.
Entry Level: Austin Neighborhoods in the $300s to $400s
Olympic Heights | Zip Code: 78748
| Metric | Value |
|---|---|
| Distance to Downtown Austin | 23 minutes, 19 miles |
| Distance to The Domain | 31 minutes, 26 miles |
| Distance to Austin Airport (AUS) | 27 minutes, 16 miles |
| Median Sold Price | $394,950 |
| Price Range (Jun 2025–May 2026) | $340,000 – $440,000 |
| Median $/SqFt | $237 |
| Avg Days on Market | 16 days |
| Homes Sold (Jun 2025–May 2026) | 24 |
| Active Listings | 10 |
Olympic Heights is a DR Horton community in Southwest Austin’s 78748 zip code — one of the more affordable pockets of the city that still feels like a real neighborhood. Built in phases through the 2000s and 2010s, homes are well-maintained, reasonably sized, and sit on modest lots. The neighborhood has two pools, a five-acre dog park, and direct trail access. It’s convenient to South Congress, Slaughter Lane shopping and dining, and is split between Akins and Bowie high school zones.
With 24 homes closing in the last 12 months and a median just under $395,000, Olympic Heights is one of the few Austin neighborhoods where buyers in the $340s to $440s have genuine options. The 16-day median days on market confirms steady demand. There is an HOA in this community that plans events and maintains a community pool.
Schools:
- Elementary: Baranoff Elementary 8/10
- Middle: Bailey Middle 6/10
- High School: Akins High 4/10 / Bowie High 9/10 (dual zone — verify your address with the district)
For more information, visit our Olympic Heights Neighborhood Guide.
Olympic Heights Homes for Sale
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Chernosky | Zip Code: 78741
| Metric | Value |
|---|---|
| Distance to Downtown Austin | 17 minutes, 5.4 miles |
| Distance to The Domain | 21 minutes, 15 miles |
| Distance to Austin Airport (AUS) | 9 minutes, 4.4 miles |
| Median Sold Price | $340,000 |
| Price Range (Jun 2025–May 2026) | $266,000 – $375,000 |
| Median $/SqFt | $313 |
| Avg Days on Market | 23 days |
| Homes Sold (Jun 2025–May 2026) | 7 (selective pull — updated/new A/B only) |
| Active Listings | 6 |
Chernosky is a small East Austin neighborhood along East Riverside that has been evolving steadily. The properties drawing the most attention right now are the A/B construction units — newer attached homes built two per lot, with no HOA dues. These are not traditional condos with monthly fees; they are essentially small homes on small lots with a newer finish out, and for buyers who want something updated without condo overhead, they are a compelling option.
The MLS data reflects a selective pull — we focused on updated homes and new A/B construction, filtering out properties in poor condition. Seven homes closed in this window with a median of $340,000, ranging from $266,000 to $375,000. Inventory is limited, so move quickly when the right property appears.
Schools:
- Elementary: Allison Elementary 3/10
- Middle: Lively Middle 4/10
- High School: Eastside Early College High 1/10
For more information, visit our Chernosky Neighborhood Guide.
Chernosky Homes for Sale
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Highland | Zip Code: 78752
| Metric | Value |
|---|---|
| Distance to Downtown Austin | 12 minutes, 6.5 miles |
| Distance to The Domain | 13 minutes, 6 miles |
| Distance to Austin Airport (AUS) | 19 minutes, 14 miles |
| Median Sold Price | $429,000 |
| Price Range (Jun 2025–May 2026) | $250,000 – $885,000 |
| Median $/SqFt | $336 |
| Avg Days on Market | 32 days |
| Homes Sold (Jun 2025–May 2026) | 44 |
| Active Listings | 16 |
Highland is a Central Austin neighborhood in active transition. Originally built in the 1950s and 1960s, the area has seen steady reinvestment as buyers look for Central Austin addresses at prices that still reflect upside potential. It sits close to ACC Highland, the Q2 Stadium area, and has quick access to I-35 and Airport Boulevard.
The market here is wider in range than other entry-level neighborhoods — 44 homes closed with prices from $250,000 to $885,000 and a median of $429,000. That range reflects a genuine mix of original unremodeled homes alongside fully updated properties. There is real opportunity here for buyers who want to add value, as well as those who want a move-in-ready home.
Note: Highland has dual-zone schools for both elementary and middle school. Which school serves your address depends on your specific location. Always verify boundaries directly with Austin ISD.
Schools:
- Elementary: Reilly Elementary 8/10 / T.A. Brown Elementary 1/10 (dual zone — verify your address with the district)
- Middle: Lamar Middle 9/10 / Webb Middle 2/10 (dual zone — verify your address with the district)
- High School: McCallum High 8/10 / Navarro High 2/10 (dual zone — verify your address with the district)
For more information, visit our Highland Neighborhood Guide.
Highland Homes for Sale
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Addison | Zip Code: 78744
| Metric | Value |
|---|---|
| Distance to Downtown Austin | 21 minutes, 9.5 miles |
| Distance to The Domain | 25 minutes, 19.5 miles |
| Distance to Austin Airport (AUS) | 12 minutes, 6.2 miles |
| Median Sold Price | $349,000 |
| Price Range (Jun 2025–May 2026) | $295,000 – $420,000 |
| Median $/SqFt | $159 |
| Avg Days on Market | 73 days |
| Homes Sold (Jun 2025–May 2026) | 30 |
| Active Listings | 8 |
Addison is a master-planned community in Southeast Austin’s 78744 zip code, offering newer construction at prices that are increasingly uncommon this close to downtown. Located near Montopolis, it is convenient to Austin-Bergstrom International Airport, downtown via Highway 183, and the growing corridor along East Riverside and Highway 71.
With a median closed price of $349,000 and 30 homes sold in the last 12 months, Addison offers consistent inventory and predictable pricing between $295,000 and $420,000. The 73-day average days on market is the highest on this list — which works in a buyer’s favor, typically meaning more time to think and more room to negotiate. Addison is served by Del Valle ISD.
Schools:
- Elementary: Hillcrest Elementary 6/10
- Middle: Ojeda Middle 3/10
- High School: Del Valle High 2/10
For more information, visit our Addison Neighborhood Guide.
Addison Homes for Sale
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Not Finding What You Need in the Entry Level Tier?
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Mid Range: Austin Neighborhoods in the $400s to $600s
Cherry Creek | Zip Code: 78745
| Metric | Value |
|---|---|
| Distance to Downtown Austin | 19 minutes, 10.5 miles |
| Distance to The Domain | 26 minutes, 18 miles |
| Distance to Austin Airport (AUS) | 19 minutes, 12 miles |
| Median Sold Price | $523,000 |
| Price Range (Jun 2025–May 2026) | $245,000 – $815,000 |
| Median $/SqFt | $327 |
| Avg Days on Market | 31 days |
| Homes Sold (Jun 2025–May 2026) | 95 |
| Active Listings | 16 |
Cherry Creek is one of Southwest Austin’s most active neighborhoods — 95 homes closed in the last 12 months, more volume than almost any other neighborhood on this list. That level of turnover creates consistent opportunities for buyers. Located in the 78745 zip code off Manchaca Road and Slaughter Lane, Cherry Creek is close to South Congress, Sunset Valley shopping, and multiple trails and parks.
Homes here are largely from the 1970s and 1980s, many updated or expanded. The median closed price of $523,000 with homes selling from $245,000 to $815,000 reflects a wide range of condition and size.
Schools:
- Elementary: Cowan Elementary 8/10 / Cunningham Elementary 7/10 / Boone Elementary 5/10 (dual zone — verify your address with the district) (varies by street — verify your address with Austin ISD)
- Middle: Covington Middle 6/10
- High School: Bowie High 9/10 / Crockett High 4/10 (dual zone — verify your address with the district)
For more information, visit our Cherry Creek Neighborhood Guide.
Cherry Creek Homes for Sale
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East Cesar Chavez | Zip Code: 78702
| Metric | Value |
|---|---|
| Distance to Downtown Austin | 7 minutes, 1.8 miles |
| Distance to The Domain | 20 minutes, 12 miles |
| Distance to Austin Airport (AUS) | 14 minutes, 7 miles |
| Median Sold Price | $715,000 |
| Price Range (Jun 2025–May 2026) | $490,000 – $1,200,000 |
| Median $/SqFt | $566 |
| Avg Days on Market | 131 days |
| Homes Sold (Jun 2025–May 2026) | 25 |
| Active Listings | 23 |
East Cesar Chavez is one of Austin’s most walkable urban neighborhoods, located in the heart of 78702 along Cesar Chavez Street east of downtown. Coffee shops, restaurants, and local businesses are within walking distance, and the neighborhood sits between downtown and the broader East Austin corridor.
A transparency note on the numbers: the median closed price of $715,000 is above our mid-range ceiling, and the 131-day average days on market is the highest on this list — this market is slower and more selective than others. That said, 25 homes closed with a floor of $490,000, and the right property at the right price does exist here. If walkability and proximity to the urban core are priorities and your budget extends toward $700,000, East Cesar Chavez is worth watching. Plan on being patient.
Schools:
- Elementary: Sanchez Elementary 1/10
- Middle: Kealing Middle 9/10
- High School: Austin High 7/10 / Eastside Memorial High 1/10 (dual zone — verify your address with the district)
For more information, visit our East Cesar Chavez Neighborhood Guide.
East Cesar Chavez Homes for Sale
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Cherrywood | Zip Code: 78723
| Metric | Value |
|---|---|
| Distance to Downtown Austin | 10 minutes, 2.9 miles |
| Distance to The Domain | 17 minutes, 9.6 miles |
| Distance to Austin Airport (AUS) | 17 minutes, 9.2 miles |
| Median Sold Price | $635,000 |
| Price Range (Jun 2025–May 2026) | $325,000 – $2,106,500* |
| Median $/SqFt | $475 |
| Avg Days on Market | 31 days |
| Homes Sold (Jun 2025–May 2026) | 37 |
| Active Listings | 8 |
Cherrywood is one of East Austin’s most established and recognized neighborhoods — a grid of bungalows and craftsman homes that have drawn buyers for decades. Located in 78723 between Airport Boulevard and Manor Road, its proximity to Mueller, the Triangle, and downtown makes it a consistent draw.
The median sold price of $635,000 and 37 closed sales reflect a neighborhood where most inventory is priced for buyers with some flexibility. Entry points start in the $325,000 range, so there are opportunities for buyers who find the right home in the right condition. The $2.1 million maximum sale is an outlier — likely a new build or major rebuild — and not representative of the typical Cherrywood transaction.
Schools:
- Elementary: Maplewood Elementary 9/10
- Middle: Kealing Middle 9/10
- High School: McCallum High 8/10
For more information, visit our Cherrywood Neighborhood Guide.
Cherrywood Homes for Sale
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Delwood | Zip Code: 78723
| Metric | Value |
|---|---|
| Distance to Downtown Austin | 12 minutes, 4.9 miles |
| Distance to The Domain | 17 minutes, 9 miles |
| Distance to Austin Airport (AUS) | 18 minutes, 13 miles |
| Median Sold Price | $570,000 |
| Price Range (Jun 2025–May 2026) | $281,000 – $1,050,000 |
| Median $/SqFt | $368 |
| Avg Days on Market | 32 days |
| Homes Sold (Jun 2025–May 2026) | 41 |
| Active Listings | 4 |
Delwood sits right next to Cherrywood in the same 78723 zip code, served by the same schools, but at a somewhat lower price point. With a median of $570,000 and 41 closed sales, Delwood has solid volume and a range from $281,000 to $1,050,000. Homes here are similar in vintage and character to Cherrywood — mostly 1950s and 1960s ranch-style houses, many updated.
For buyers who want the Central East Austin location but find Cherrywood stretching their budget, Delwood is a natural next stop. Active inventory is very tight here — just 4 listings at the time of this writing — so when a home in Delwood comes to market, competition can move quickly.
Schools:
- Elementary: Maplewood Elementary 9/10
- Middle: Kealing Middle 9/10
- High School: McCallum High 8/10
For more information, visit our Delwood Neighborhood Guide.
Delwood Homes for Sale
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North Loop | Zip Code: 78756
| Metric | Value |
|---|---|
| Distance to Downtown Austin | 12 minutes, 4.3 miles |
| Distance to The Domain | 16 minutes, 7.9 miles |
| Distance to Austin Airport (AUS) | 17 minutes, 13 miles |
| Median Sold Price | $697,500 |
| Price Range (Jun 2025–May 2026) | $410,000 – $1,800,000* |
| Median $/SqFt | $475 |
| Avg Days on Market | 20 days |
| Homes Sold (Jun 2025–May 2026) | 28 |
| Active Listings | 11 |
North Loop — sometimes called NoLo — is Central Austin’s answer to South Congress: walkable, independent, and full of coffee shops, record stores, restaurants, and local businesses along the Burnet Road and North Loop corridors. It is a neighborhood with real character and consistent demand.
The market data here is worth reading carefully. The median closed price of $697,500 is at the top of our mid-range tier, and the active listing median of $925,000 suggests supply is running ahead of where closed sales actually landed. But 28 homes closed with a floor of $410,000. At a 20-day median days on market, well-priced homes in North Loop move very fast — be ready to act when something comes up.
Schools:
- Elementary: Reilly Elementary 8/10
- Middle: Lamar Middle 9/10
- High School: McCallum High 8/10
For more information, visit our North Loop Neighborhood Guide.
North Loop Homes for Sale
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Walnut Crossing | Zip Code: 78759
| Metric | Value |
|---|---|
| Distance to Downtown Austin | 21 minutes, 12.3 miles |
| Distance to The Domain | 10 minutes, 3.2 miles |
| Distance to Austin Airport (AUS) | 27 minutes, 20 miles |
| Median Sold Price | $480,000 |
| Price Range (Jun 2025–May 2026) | $383,000 – $570,000 |
| Median $/SqFt | $320 |
| Avg Days on Market | 37 days |
| Homes Sold (Jun 2025–May 2026) | 19 |
| Active Listings | 3 |
Walnut Crossing is a 78759 neighborhood just minutes from The Domain and the Parmer Lane tech corridor — one of the most convenient locations in Northwest Austin for buyers who work near major employers in that area. The neighborhood has no HOA, homes were built in the 1970s and 1980s, and lots are larger than what you typically find in newer master-planned communities.
With 19 closed sales, a median of $480,000, and a price range from $383,000 to $570,000, Walnut Crossing has one of the tightest price bands on this list — the market is predictable and pricing is consistent. Active inventory is very low (just 3 listings), so when a home comes to market here, move quickly.
Schools:
- Elementary: Summitt Elementary 9/10
- Middle: Murchison Middle 8/10
- High School: Anderson High 8/10
For more information, visit our Walnut Crossing Neighborhood Guide.
Walnut Crossing Homes for Sale
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Crestview | Zip Code: 78757
| Metric | Value |
|---|---|
| Distance to Downtown Austin | 18 minutes, 5.9 miles |
| Distance to The Domain | 14 minutes, 5.2 miles |
| Distance to Austin Airport (AUS) | 20 minutes, 15 miles |
| Median Sold Price | $670,000 |
| Price Range (Jun 2025–May 2026) | $275,000 – $2,175,000* |
| Median $/SqFt | $486 |
| Avg Days on Market | 34 days |
| Homes Sold (Jun 2025–May 2026) | 81 |
| Active Listings | 16 |
Crestview has been one of Central Austin’s most sought-after neighborhoods for years, and the data confirms it. With 81 homes closing in the last 12 months — the highest volume of any neighborhood on this list — Crestview has consistent inventory and deep buyer demand. Located between Burnet Road and MoPac in 78757, it offers quick access to The Domain, downtown, and Austin’s best dining along Burnet.
Homes here are mostly from the 1950s and 1960s, many of them extensively updated. The median of $670,000 puts Crestview at the top of our mid-range tier, but the floor of $275,000 shows that entry-level opportunities exist for buyers willing to take on a project.
Schools:
- Elementary: Brentwood Elementary 9/10
- Middle: Lamar Middle 9/10
- High School: McCallum High 8/10
For more information, visit our Crestview Neighborhood Guide.
Crestview Homes for Sale
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Northwood | Zip Code: 78727
| Metric | Value |
|---|---|
| Distance to Downtown Austin | 20 minutes, 13.2 miles |
| Distance to The Domain | 10 minutes, 4.6 miles |
| Distance to Austin Airport (AUS) | 28 minutes, 21 miles |
| Median Sold Price | $502,000 |
| Price Range (Jun 2025–May 2026) | $383,000 – $649,000 |
| Median $/SqFt | $281 |
| Avg Days on Market | 21 days |
| Homes Sold (Jun 2025–May 2026) | 28 |
| Active Listings | 11 |
Northwood is an established 78727 neighborhood near the Parmer Lane corridor in North Austin, convenient to major employers in the tech and healthcare sectors, The Domain, and MoPac. Homes here are primarily from the 1970s and 1980s, sitting on generous lots with mature trees — a contrast to the newer, tighter subdivisions built in the area over the past decade.
With 28 homes closing at a median of $502,000 and an average days on market of just 21 days, Northwood has a fast and active market. The price range runs from $383,000 to $649,000. For buyers who want Northwest Austin access without a Domain-adjacent price premium and no HOA, Northwood is worth a close look.
Schools:
- Elementary: Summitt Elementary 9/10
- Middle: Murchison Middle 8/10
- High School: Anderson High 8/10
For more information, visit our Northwood Neighborhood Guide.
Northwood Homes for Sale
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Stretch: Austin Neighborhoods in the $600s and Above
A note on this section: the neighborhoods below have median prices above $600,000, and in some cases above $700,000. Inventory in your target price range exists in each of them — but you will need to be patient and move quickly when the right home comes up.
Hyde Park | Zip Code: 78751
| Metric | Value |
|---|---|
| Distance to Downtown Austin | 10 minutes, 3 miles |
| Distance to The Domain | 20 minutes, 10 miles |
| Distance to Austin Airport (AUS) | 22 minutes, 15 miles |
| Median Sold Price | $850,000 |
| Price Range (Jun 2025–May 2026) | $365,000 – $2,300,000* |
| Median $/SqFt | $527 |
| Avg Days on Market | 35 days |
| Homes Sold (Jun 2025–May 2026) | 59 |
| Active Listings | 13 |
Hyde Park is one of Austin’s oldest and most storied neighborhoods, located in Central Austin just north of the University of Texas campus. Victorian homes, craftsman bungalows, and converted historic properties line tree-canopied streets, with restaurants and coffee shops within walking distance along Guadalupe and Duval.
We want to be straight with you about the numbers: Hyde Park’s median closed price of $850,000 is above our stretch ceiling, and most of the inventory here trades well above it. But 59 homes closed last year with a floor of $365,000, so genuine entry points do exist for buyers who find the right property at the right time.
Schools:
- Elementary: Lee Elementary 9/10 / Reilly Elementary 8/10 (dual zone — verify your address with the district)
- Middle: Kealing Middle 9/10 / Lamar Middle 9/10 (dual zone — verify your address with the district)
- High School: McCallum High 8/10
For more information, visit our Hyde Park Neighborhood Guide.
Hyde Park Homes for Sale
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Western Trails | Zip Code: 78745
| Metric | Value |
|---|---|
| Distance to Downtown Austin | 15 minutes, 7 miles |
| Distance to The Domain | 26 minutes, 14.4 miles |
| Distance to Austin Airport (AUS) | 15 minutes, 10 miles |
| Median Sold Price | $640,000 |
| Price Range (Jun 2025–May 2026) | $365,000 – $1,800,000* |
| Median $/SqFt | $368 |
| Avg Days on Market | 57 days |
| Homes Sold (Jun 2025–May 2026) | 11 |
| Active Listings | 8 |
Western Trails is a Southwest Austin neighborhood just south of Highway 290, positioned as one of the more accessible paths into the 78704 lifestyle at a meaningful discount. The neighborhood is similar in character to Dawson and Galindo — 1950s-era ranch homes on larger lots — but at prices that reflect its position a bit further from the urban core.
Western Trails has thin inventory: only 11 homes closed in the last year, with a median of $640,000 and a range from $365,000 to $1.8 million. The 57-day average days on market is the highest in the stretch tier, suggesting more room to negotiate.
Schools:
- Elementary: Cunningham Elementary 7/10
- Middle: Covington Middle 6/10
- High School: Crockett High 4/10
For more information, visit our Western Trails Neighborhood Guide.
Western Trails Homes for Sale
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Galindo | Zip Code: 78704
| Metric | Value |
|---|---|
| Distance to Downtown Austin | 10 minutes, 3.3 miles |
| Distance to The Domain | 25 minutes, 13.5 miles |
| Distance to Austin Airport (AUS) | 15 minutes, 9 miles |
| Median Sold Price | $679,500 |
| Price Range (Jun 2025–May 2026) | $425,000 – $2,530,000* |
| Median $/SqFt | $459 |
| Avg Days on Market | 46 days |
| Homes Sold (Jun 2025–May 2026) | 32 |
| Active Listings | 19 |
Galindo is a small South Austin neighborhood tucked into the 78704 zip code — one of Austin’s most desirable addresses — between Oltorf and Riverside. It has the vintage South Austin character that buyers pay a premium for: compact lots, mature trees, and proximity to South Congress, Barton Springs, and downtown.
Thirty-two homes closed with a median of $679,500 and a floor of $425,000, meaning a genuine entry point exists for buyers who are patient and prepared to move fast when the right property comes up. The 46-day average days on market gives slightly more time than the fastest-moving neighborhoods on this list. If a 78704 address is the goal, Galindo is one of the more accessible starting points within the zip.
Schools:
- Elementary: Galindo Elementary 4/10
- Middle: Lively Middle 4/10
- High School: Travis High 1/10
For more information, visit our Galindo Neighborhood Guide.
Galindo Homes for Sale
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School Ratings: The school ratings above are from GreatSchools data as of October 2026 . School boundaries and assignments are subject to change. Always verify school assignments directly with the applicable school district before relying on any listed school for a specific address.
Frequently Asked Questions About Austin Neighborhoods
What is the most affordable Austin neighborhood to buy a home in 2026?
Based on closed sales from June 2025 through May 2026, Chernosky in 78741 had the lowest median sold price at $340,000, with homes closing between $266,000 and $375,000. Addison in 78744 came in second at a $349,000 median, followed by Olympic Heights in 78748 at $394,950.
Which Austin neighborhoods have no HOA dues?
Most of the neighborhoods in this guide have no HOA: Olympic Heights, Highland, Cherry Creek, Cherrywood, Delwood, North Loop, Walnut Crossing, Northwood, Western Trails, Galindo, and Hyde Park. Always confirm HOA status for the specific property before making an offer.
What should I budget for a home in Austin as a first-time buyer?
For single-family homes in established Austin neighborhoods, plan for a median in the $340,000 to $430,000 range in entry-level areas and $480,000 to $697,000 in mid-range neighborhoods based on our 2026 MLS data. Austin’s property tax rate typically runs between 1.8% and 2.2% of assessed value annually.
How competitive is the Austin real estate market in 2026?
It varies significantly by neighborhood. North Loop had a median days on market of just 20 days and Olympic Heights averaged 16 days. At the other end, East Cesar Chavez averaged 131 days and Addison averaged 73 days, giving buyers considerably more time and negotiating room.
Should I buy a condo or a house in Austin?
For most buyers, a single-family home or townhome with little or no HOA is a better value in Austin right now. Many Austin condos carry HOA dues of $600 to $900 per month — costs that don’t build equity. At those rates, you can often qualify for a meaningfully higher purchase price on a home without HOA dues.
What is the best Austin neighborhood close to The Domain?
Walnut Crossing in 78759 is the closest neighborhood in this guide to The Domain — just minutes away — with a median of $480,000 and a tight price range between $383,000 and $570,000. Northwood in 78727 is also near the Domain and Parmer Lane corridor with a $502,000 median and a fast 21-day average days on market.
How do I verify which school district or school serves a specific address in Austin?
School assignments in Austin are address-specific and boundaries change. Always verify directly with Austin ISD or the applicable school district before removing inspection contingencies, not after closing.
How is the data in this guide sourced?
All MLS data is sourced from Unlock MLS and reflects closed single-family residential sales from June 1, 2025 through May 31, 2026. Data is deemed reliable but not guaranteed.
Not Sure Which Austin Neighborhood Fits Your Budget and Priorities?
Finding the right neighborhood involves more than price alone — commute time, school district, HOA situation, and lot size all factor in. Our Austin Neighborhood Finder can help you narrow it down based on what matters most to you.
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Data and Disclaimers
MLS data sourced from Unlock MLS. Closed sales data reflects the period June 1, 2025 through May 31, 2026, single-family residential properties only. Data is deemed reliable but not guaranteed. Price ranges and medians represent the subset of transactions included in each neighborhood’s specific search criteria.
The school ratings above are from GreatSchools data as of October 2026 . School boundaries and assignments are subject to change. Always verify school assignments directly with the applicable school district before relying on any listed school for a specific address.
* Price maximums marked with an asterisk reflect outlier sales — typically teardown/rebuilds or unusual distressed transactions — that are not representative of typical market transactions in that neighborhood.
