North Austin Entry-Level Homes: Affordability Check

Deal of the Week

Deal of the Week · 8915 Slayton DR, Austin TX 78753 · MLS #3740587 · Listed by Auel & Associates. ALEX valuation $309,000 is an ALEX Intelligence estimate, not an appraisal.

Deals of the Week by price quartile. The quartiles come from the last 12 months of closed sales here. Each pick has the top ALEX deal score in its price range. Lower quartile: under $305,000 8915 Slayton DR, Austin TX 78753 · MLS #3740587 Listed at $260,000, 3 bed, 1.5 bath, 1,319 sq ft. Listed 16% below the ALEX valuation; 33% under the local price per sq ft; price reduced 20% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1188788067/8915-Slayton-DR-Austin-TX Lower-middle quartile: $305,000 to $375,000 10205 Willfield DR, Austin TX 78753 · MLS #7932395 Listed at $344,900, 4 bed, 2 bath, 1,552 sq ft. Listed 13% below the ALEX valuation; 25% under the local price per sq ft; price reduced 17% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1174448262/10205-Willfield-DR-Austin-TX Upper-middle quartile: $375,000 to $435,000 839 Neans DR, Austin TX 78758 · MLS #6289517 Listed at $399,000, 7 bed, 4 bath, 3,441 sq ft. Listed 25% below the ALEX valuation; 61% under the local price per sq ft; price reduced 27% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1186870242/839-Neans-DR-Austin-TX Upper quartile: $435,000 and up 110 W Saint Johns Ave, Austin TX 78752 · MLS #6884614 Listed at $564,500, 5 bed, 2 bath, 1,780 sq ft. Listed 24% below the ALEX valuation; price reduced 34% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1152305207/110-W-Saint-Johns-Ave-Austin-TX

Key figures · North Austin · October 2026

47 homes sold in North Austin in October 2026 (down 25.4% on a year earlier).

Median net sale price: $360,000 (down 9.2% on a year earlier).

Median price per square foot: $207.

Median days on market: 44.

Median sale price as a share of the original list price: 92.9%.

443 homes for sale now, about 6.1 months of supply at the pace of the last six months.

Source: Unlock MLS, October 2026. Single-family homes; prices net of seller-paid concessions, the same figures as the ALEX market statistics pages. Information deemed reliable but not guaranteed.

What does a median price of $360,000 mean for an entry-level buyer in North Austin today? With 47 single-family homes closing in October, the bottom quartile of the market sits at this threshold. However, current mortgage rates of 7.11% significantly impact what buyers can afford compared to previous years. ALEX Intelligence calculated affordability based on a median entry-level price of $360,000 with a 20% down payment. At the current rate, the principal and interest payment is $1,937 per month. To make this purchase more accessible, sellers or builders often offer buydowns. A standard 3-2-1 buydown would cost approximately $13,272 upfront, reducing the first-year rate to 4.11% and lowering the monthly payment to $1,393. The market has cooled slightly compared to last year, with median prices down 9.2% year-over-year. While this lowers the purchase price, the higher interest rates mean monthly payments remain a significant hurdle for first-time buyers. The data shows that while homes are available at lower price points, the cost of financing remains the primary constraint on entry-level affordability in North Austin. Want a closer look? Reply or call George at 713.918.9951 and we'll set up a showing. Data from Unlock MLS. Information deemed reliable but not guaranteed. Model outputs are ALEX Intelligence estimates, not appraisals. Read more Central Texas market data on the ALEX blog: https://alex-companies.com/blog

George Arnold Alexander III, MPA

Partner, ALEX Companies

Associate Broker, Alexander Tiffany Southwest, LLC

Licensed Broker in TX, CO, NC, AL

[email protected] · +1 713.918.9951

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