Market Overview for Hancock
There are 25 active listings in Hancock with a median list price of $415K and a median sold price of $707K.
Homes average 89 days on market.
Over the past 30 days, 3 homes have sold, with 38 sales in the past 12 months.
The average price per square foot is $475.
About Hancock
Hancock is a historic Central Austin neighborhood located near 41st Street and Red River Street, directly north of the University of Texas campus. One of Austin's oldest residential areas, the neighborhood dates to the late 1800s and early 1900s, with a housing stock that includes Craftsman bungalows, Victorian cottages, early 20th-century four-squares, and mid-century ranch homes — a streetscape that reflects more than a century of Austin's architectural history.
Homes in Hancock typically range from $500,000 to over $1 million, with prices reflecting the premium that Central Austin's shrinking supply of historic homes commands. Many properties have been carefully restored to preserve original details — hardwood floors, front porches, period millwork — while adding modern kitchens, bathrooms, and mechanical systems. The neighborhood's character is defined by mature pecan and live oak trees, sidewalk-lined streets, and the walkable urban fabric of pre-car Austin.
Hancock is served by the Austin Independent School District (Austin ISD). Students typically attend Lee Elementary, O. Henry Middle School, and McCallum High School. The neighborhood's proximity to the UT campus also provides access to the university's cultural and athletic events, and the area has a distinct college-town energy that comes from bordering one of the nation's largest universities.
The neighborhood's central location is its greatest practical asset. Downtown Austin is 5-10 minutes south, and the UT campus is immediately adjacent. The Hancock Center, anchored by HEB, provides daily shopping within walking distance. I-35 and Airport Boulevard provide quick access north, while Guadalupe Street and Lamar Boulevard connect to employment centers throughout central Austin. The combination of historic character, walkability, and ultra-central location makes Hancock one of Austin's most in-demand urban neighborhoods.
Living in Hancock
Hancock offers what very few Austin neighborhoods can: genuine historic character in a location where you can walk to HEB, bike to UT or downtown, and still live on a tree-lined street of century-old bungalows. Homes in the $500K-$1M+ range reflect the premium for Central Austin's dwindling inventory of pre-war homes, but the lifestyle advantages are proportional — no other neighborhood combines this level of walkability, history, and urban convenience.
Downtown is 5-10 minutes by car or a 15-minute bike ride. The UT campus is immediately south, bringing cultural events, Longhorn athletics, and the energy of 50,000+ students to the neighborhood's doorstep. Hancock Center's HEB is walkable for daily errands, and the Mueller development to the east has added dining, retail, and park space. Residents accept smaller lot sizes and older construction in exchange for a walkable, urban lifestyle in one of Austin's most historically significant neighborhoods.
