Neighborhood Market Analysis
Roughly bounded by I-35 (west), Airport Blvd (east), East 38th 1/2 St (south), and East 51st St (north).
Diverse mix of young professionals, families, creatives, and long-term residents. Median age: 34. High educational attainment. Progressive, community-oriented.
Eclectic, artsy, laid-back, and walkable. Strong sense of local identity and pride.
Yes—sidewalks, parks, and proximity to top schools. Active neighborhood association and family events.
Price competitively—homes over $700,000 may linger unless recently updated or unique. Under $600,000 moves fastest.
Provide inspection reports up front; highlight recent upgrades; connect buyers with reputable local contractors.
Emphasize walkability, central location, and lifestyle value not available in outlying areas.
Showcase alternative transportation options and walkability; highlight nearby parks and shared spaces.
Moderate to strong; central location and unique housing stock support long-term value. 3–5% annual appreciation projected for 2025–2026[4].
High—proximity to UT Austin, hospitals, and downtown attracts renters. Short-term rental restrictions apply but long-term leases are popular.
Still competitive for well-priced homes, but buyers have more leverage than in 2021–2022 due to increased inventory[1][2].
Price homes based on recent comparable sales and current inventory—avoid overpricing in a shifting market.
Stage homes to highlight unique features and flexible spaces.
Leverage social media and neighborhood groups to reach local buyers.
Educate buyers on the value of location and lifestyle in Cherrywood.
Prepare for inspection-related negotiations on older homes.
Highlight walkability, local businesses, and school quality in all marketing materials.
Cherrywood appeals to buyers seeking central location, walkability, and character at a lower entry price than Hyde Park or Mueller.
Median price is 10–15% below Hyde Park, 20% below Mueller, but above Windsor Park and East Austin.
Challenging due to price point, but possible with smaller homes or fixer-uppers. Recommend pre-approval and flexibility on must-haves.
Good selection of larger homes and modern builds; more negotiating power than in previous years.
Attractive for those seeking walkability and low-maintenance living, but limited single-level options.
Strong rental demand, especially for updated homes near UT and hospitals. Focus on long-term holds for best returns.
Appealing due to central location, amenities, and community feel. Recommend early neighborhood tours to experience vibe.
This neighborhood analysis was generated using hyperlocal data and AI intelligence.
Neighborhood conditions change - consult with local real estate professionals for the most current information.
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