What it costs to buy in North Austin right now

What does it cost to buy a home North Austin right now?

Now that we’ve rung in 2018, we’re back on the residential real-estate case, working with analytics site NeighborhoodX to a close look at the range of sales asking prices—per square foot, rather than by total price—in various Austin neighborhoods.

Today’s analysis focuses on the North Austin neighborhood defined as the North Austin Civic Association—which happens to be the upstart winner of the 2017 Curbed Cup.

Located just west of North Lamar Boulevard and adjacent to the North Burnet neighborhood, NACA is it’s proximate to the Domain, Top Golf, an Austin Community College branch, the Gateway shopping/cinema complex, and the Chinatown Center and is the locus of many major employers.

The past couple of years have seen big strides in revitalizing the area, as the community worked with the city and received grants to make it safer and more attractive. Add to that the many parks and trails nearby and active and engaged neighborhood association, and you have the makings of a pretty sweet neighborhood.

NACA’s boundaries are Hwy. 183/Research Boulevard to the south, Kramer Lane to the north, North Lamar Boulevard to the east, and Metric Boulevard to the west.

The current average asking price in NACA is $182 per square foot, ranging from $122 per square foot (602 West Grady Drive, a four-bedroom house asking $319,999) to $230 per square foot (503 West Grady Drive, a renovated 1965 home on the market for 299,000).

This average pricing falls between the current prices for Montopolis ($205 per square foot) and Circle C Ranch ($177 per square foot.)

“One thing to notice here is that in most established neighborhoods, condos command a higher price per square foot than houses. In emerging neighborhoods, this is reversed,” wrote Constantine Valhouli, director of research for NeighborhoodX, in an email. “However, in North Austin Civic Association, the house prices are higher than the condo prices for the listings we analyzed.”