Market Overview for Northwood
There are 2 active listings in Northwood with a median list price of $479K and a median sold price of $487K.
Homes average 41 days on market.
Over the past 30 days, 2 homes have sold, with 24 sales in the past 12 months.
The average price per square foot is $306.
About Northwood
Northwood is an established North Central Austin neighborhood in Travis County, located near MoPac Expressway and West Parmer Lane. The community sits between the Anderson Mill area to the west and the greater Domain/north Austin employment centers to the east. Northwood was developed in stages beginning in the 1970s and features a mix of midsize homes with traditional architectural styles.
Median home prices in Northwood range from $300,000 to $450,000. Most homes are 2-3 bedroom single-family residences with 1,400 to 2,200 square feet of living space. Many properties sit on quarter-acre lots with mature trees, and the neighborhood is known for well-kept exteriors and functional, practical floor plans that appeal to long-term residents.
Northwood is served by Austin Independent School District. Students attend schools designated by AISD based on residence address, typically including schools in the North Austin cluster. The neighborhood provides convenient city access while maintaining a quieter residential character.
Downtown Austin is approximately 12-18 minutes south via MoPac or I-35. The Domain and major north Austin employment corridors are 5-10 minutes east. Average commute times are competitive with other central Austin neighborhoods, with off-peak commutes to downtown around 15 minutes and peak hour commutes around 30-35 minutes.
Living in Northwood
Northwood attracts buyers seeking established neighborhoods with practical layouts, mature landscaping, and convenient city access. The neighborhood's stable character means many homes have been owned by families for decades, creating a sense of continuity and belonging. Streets are quiet and residential, with minimal through-traffic and neighborhood schools within walking distance.
Residents appreciate the balance of urban convenience and suburban living. The area has good access to grocery stores, local restaurants, and essential services along nearby major corridors. The mature tree canopy provides shade and wildlife habitat, and the neighborhood's age means homes are generally more affordable than newer Austin communities while maintaining proximity to downtown.
Things to Do in Northwood
- Walnut Creek Metropolitan Park: Urban park with hiking trails, botanical gardens, sports facilities, and nature areas.
- Roy G. Guerrero Park: Scenic park along Lady Bird Lake with trails, pavilions, and water access, 8 minutes south.
- Lady Bird Lake Trail: Major recreational trail for walking, jogging, and biking throughout downtown Austin.