6 Neighborhoods to Watch in Austin this Homebuying Season

6 Austin Neighborhoods to Watch This Homebuying Season

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Updated on October 6th, 2020

Austin, Texas continues to grow in popularity and for good reason. Downtown Austin has so much to offer, with a big music scene, great restaurants with unique culture, awesome parks for biking and walking, and a collaborative tech environment. If you are considering moving to Austin, these are just a few of the best Austin neighborhoods, each with something unique to offer.

1. Rosedale 

  • $709,000 average home price 
  • Sold for an average of 0.8 under list price 
  • Average 65 days on market 

“Rosedale is located just north of downtown and people really enjoy this area because of its close proximity to downtown and the Domain. Downtown Austin has a lot to offer. So it’s really nice that Rosedale sits right in between downtown and the domain and those are the two biggest areas where people commute to work. Rosedale has a lot of charm, many of the homes were built in the 50s and 60s so you’ll see a lot of one-story homes with really mature trees in the neighborhood. Many of the homes have been remodeled or updated, and they have revitalized a lot of old shopping centers into areas with new restaurants and good local hotspots.” –Redfin Market Manager Lauren Johnson 

2. Allandale 

  • $631,000 average home price
  • Sold for an average of 1.1% over list price 
  • Average 5 days on market 

No matter where you live in the community you’re within blocks of the neighborhood park and pool, grocery stores, small businesses, retail, and popular local eateries. When accurately priced, homes in this Austin neighborhood are selling in a matter of days, most often with multiple offers, and values are steadily increasing month over month. The lots are larger than the average city size lot, at around a quarter of an acre, and there are oak trees abound on each street. Shoal Creek runs through the community as do bike lanes and beautiful paths. Almost any of your neighbors will invite you in the yard for an afternoon conversation and are also just as likely to lend a hand wherever you may need it. Allendale is also within 15 minutes of downtown.” –Redfin Agent Abby Alwan

3. Milwood

  • $353,000 average home price 
  • Sold for an average of 2.5% over list price 
  • Average 4 days on market 

An area that was once far away from downtown Austin doesn’t feel that way anymore. The neighborhoods surrounding the Domain area have seen an increase in popularity. These homes were built in the 70’s and 80’s and the streets are lined with trees. Milwood is close to major tech employers and parks and has lots of shopping options nearby. With close proximity to major highways, these neighborhoods have great homes for first-time buyers as well as opportunities for finding a diamond in the rough and fixing it up to make it your own.” –Redfin Agent Eric Hegwer

4. Cedar Park 

  • $345,000 average home price 
  • Sold for an average of 0.6% above list price 
  • Average 4 days on market 

“This Austin Neighborhood, Cedar Park, has come into its own and is becoming a bustling metropolitan area where homeowners no longer have to travel far for everyday activities. The real estate market in Cedar Park has always been a hotbed of activity due to its close proximity to Austin and sales remain strong. Access to many schools with relatively low price points is a huge draw for potential homeowners.” –Redfin Agent Chris Daniels

5. Circle C Ranch 

  • $477,000 average home price 
  • Sold for an average of 1.6% over list price 
  • Average 12 days on market 

“Circle C is a master-planned development that is truly a community.  As the development has grown so have the Amenities. It currently boasts 4 swimming pools – 1 that is heated for year-round enjoyment – and athletic training as well as 6 separate playscapes for the little ones located throughout the different neighborhoods that make up Circle C. There is also frisbee golf, soccer fields, basketball courts and miles and miles of walking and biking trails including a 3+ mile paved Veloway for biking and rollerblading. Many families choose Circle C specifically for the schools. The top producing Texas-grown HEB grocery store is located in Circle C as well as several local restaurants and stores making it convenient to get to know your neighbors.” –Redfin Agent Debbie Newby

6. Central East Austin

  • $495,000 average home price 
  • Sold for an average of 1.4% under list price 
  • Average 30 days on market 

“Buyers looking in Central East Austin love the proximity to downtown and walkability that this area has to offer. They also enjoy being 15 minutes away from the airport. The neighborhood mainly consists of single-family homes and is sprinkled with new higher density condos and apartments. The new Whole Foods at Plaza Saltillo will also make the area very convenient for day to day needs. Overall, the market is still moving, and homes that are priced right are still selling quickly. Family and detached homes sell quicker.” –Redfin Agent Andrew Vallejo

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Lexi Klinkenberg

Lexi is part of the content marketing team and enjoys writing about real estate and design trends. Her dream home would be a contemporary home with an open floor plan, lots of windows, and a waterfront view.

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