Chestnut First-Time Homebuyer Report for January

Chestnut is a neighborhood in Austin. It's less affluent than average and the cost of living is average compared to the rest of the city, with a median income of $33,149 per household and cost of living adjustment score of 103.8. Homes in Chestnut are older than most with a median age of 54 years. Leading the list of top schools in the neighborhood are Casis Elementary School, Hill Country Middle School, and Westlake High School.

Price Range

Homes in Chestnut are generally less expensive than others in the city with a median home value of $81,006 and an average list price of $441,018. The number of homes coming into the Chestnut market climbed to three listings over the last 30 days, while sales remained right where they were as once again six homes were sold over the same period.

Wonder which homes are generating the most buzz? Here are the most viewed listings in Chestnut:

$599K   $509K   $359K  

Typical Dwelling

The typical dwelling in Chestnut is a three-bedroom detached home worth about $469,182. To purchase a similar home, a buyer with good credit and a $93,836 cash down payment could obtain a mortgage with a 3.95% interest rate and a $2,642 monthly payment. The property tax rate is $18.26 per $1,000 of taxable assessed value.

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


Data reported through 1/12/2017

Comments:

Ask a local expert about this area:
Atlas Realty
8 reviews
Private Label Realty
1 review
404-784-5759
Snapped 3 homes in this area

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