In an ongoing series for Curbed Austin, real-estate analytics site NeighborhoodX is breaking down home sales asking prices by square foot in different neighborhoods.
Today's focus is South Austin's Bouldin Creek neighborhood, which stretches from the river to West Oltorf Street between South Congress Avenue and West Bouldin Creek.
Like most central South Austin neighborhoods, it was for decades an affordable area to rent or buy and was home to a mix of working-class residents, musicians, and other creative types. Many who bought homes in the close-knit neighborhood then still live there, now joined by residents who can afford the higher prices commanded in the area, with its prime location and considerable charm.
The current average price in the neighborhood is $427 per square foot, ranging from $286 per square foot (2020 South Congress Avenue #2201, a two-bedroom condo asking $270,000) to $706 per square foot (204 West Milton Street, a 1940s cottage remodeled as a freestanding condo).
The analysis is focused on market rate properties, so it excludes foreclosures and short sales, as well as properties primarily positioned as development sites or where the value is in the land's potential rather than in the current built space. The analysis also excludes listings with incomplete or contradictory information.