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In a city like Austin, it’s hard to determine the hottest neighborhoods in real estate when it feels like every neighborhood is appreciating (hint: it is and they are). To help sort it all out, your friends at SEED have crunched the numbers to bring you a list of some of the appreciating neighborhoods in Austin. We looked at sales volume, average sales price, since 2015, and we’ve sorted it all by zip code and neighborhood. Hold onto your boots…

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78721- AVG. Sales Price(2024) – $470,700

#1 – 78721 – 53% Increase

For some this is considered “far East Austin” others refer to it as “East of Airport Boulevard”. It’s a collection of modest original homes built in the 50s and 60s intermixed with new construction. Proximity to downtown and hot East Austin bars and restaurants makes it particularly attractive to young(ish) professionals and families.

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78741 – AVG. Sales Price  – $433,400

#2 – 78741 – 50% increase

Encompassing East Riverside and Montopolis neighborhoods, 78741 is also the home of IBM’s cloud computing campus. With its close proximity to downtown, the East Riverside corridor has long been a target of major developers. The City of Austin, in the past 4 years has rezoned 4700 East Riverside to allow for a mix-used live, work, play community which has given way to a multitude of  new housing units.

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78758 – AVG. Sales Price – $450,600

#3 – 78758 – 46% increase

Home to the Domain, the pro soccer stadium Austin FC, and pocket neighborhoods like Gracywoods and Quail Creek, 78758 is conveniently located to major employers at the Domain and Round Rock to the north as well as “everything Austin ” to the south. 78758 offers homes built in the 70s and 80s and we are seeing more and more new construction on the horizon. 

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78704 – AVG. Sales Price – $931,700

#4 – 78704 – 35% increase

Ahhhhh… the “04”… it’s not a zip code but a lifestyle. South Congress, Bouldin, Barton Hills, and Zilker are the priciest neighborhoods of the 04, but coming on hot are neighborhoods south of Oltorf surrounding Saint Edward’s University and the Dawson neighborhood between South Congress and South First. 

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78752 – AVG. Sales Price – $452,100

#5 – 78752 – 40% increase

Thanks to the new massive Austin Community College campus that took over Highland Mall, a conveniently located commuter rail station, this zipcode, which includes the Highlands neighborhood, has become one of the last affordable “central Austin” frontiers for housing. Original homes under $400,000 are still a regular occurrence, although we are seeing more and more new construction that is breaking the $600,000 mark. 

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78723 – AVG. Sales Price – $523,900

#6 – 78723 – 28% increase 

Mid-century ranch style homes of Windsor Park and University Hills along with the modern constructed Mueller community situated 20 minutes from downtown Austin made home prices boom in this close-in pocket of Austin. 

Are you looking to find the perfect Austin neighborhood to call home? Contact your SEED agent today. We can help!