North Lamar First-Time Homebuyer Report for October

North Lamar is a neighborhood in Austin with a median income of $34,415 per household. Besides being less affluent than average, its population is much older than others with a median age of 28 years. The North Lamar market is almost exclusively made up of detached houses, which currently account for 100% of the homes for sale in the area. The top schools in the neighborhood are Casis Elementary School, Hill Country Middle School, and Westlake High School.

Price Range

Some of the least expensive homes in Austin are in North Lamar with a median home value of $116,986, while the list prices of available homes is currently at an average of $242,356.

Typical Dwelling

A three-bedroom detached home valued around $197,461 is considered a typical dwelling in North Lamar. If a buyer was looking for a similar home, they would need good credit and a $39,492 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $989 and the property tax rate is $18.26 per $1,000 of taxable assessed value.

Get started right now by checking out North Lamar homes for sale or reviewing North Lamar real estate trends.


Data reported through 10/13/2016

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