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Market District

Market District

Suburban Neighborhood in Austin, Texas

Travis County 78701 , 78703
$896,518 Average Value
$735 Average Price per Sq Ft
54 Homes For Sale

Why buyers choose Market District for walkable city living

Market District is a downtown Austin neighborhood where high-rise living meets one of the city's most walkable stretches. Sitting next to West Sixth Street and North Lamar Boulevard, it puts you steps from local shops, standout restaurants and Austin's live music scene. The Shoal Creek Trail connects to Lady Bird Lake, so outdoor recreation is part of daily life here, too. With strong transit access and major cultural events happening right outside your door, Market District is built for people who want to be in the center of it all.

The iconic ATX sign welcomes visitors and residents to downtown's Market District.
The iconic ATX sign welcomes visitors and residents to downtown's Market District.
Downtown Austin's high-rise buildings look out over Lady Bird Lake.
Downtown Austin's high-rise buildings look out over Lady Bird Lake.
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What to expect from downtown's high-rise condos

Market District is one of downtown’s most vertical neighborhoods. It’s full of high-rise condo and apartment buildings, with options for both renters and buyers. Most for-sale listings come from sleek residential towers like Spring, Austin City Lofts, Fifth & West Residences, The Independent and 360 Condominiums. Depending on the building and floor, you might get sweeping downtown skyline views or a look out over Lady Bird Lake. Monthly HOA fees typically range from $1,000 to $2,500 and cover shared amenities like pools, fitness centers and private dog parks. Most units have one to three bedrooms, with prices ranging from:

  • High $300,000s to high $600,000s for one-bedroom condos
  • Low $700,000s to high $1 millions for two-bedroom condos
  • Low $1 millions to mid-$2 millions for three-bedroom condos

Walk to shops, restaurants and bars around Market District

Living here means you're next to two of Austin's most popular shopping and dining hubs: West Sixth Street and North Lamar Boulevard. Independent stores sit alongside major retailers, so a typical shopping day might include:

  • BookPeople, the biggest independent bookstore in Texas
  • REI, a go-to for outdoor gear and clothes
  • Waterloo Records, with new and used vinyl, CDs and in-store performances
  • Anthropologie, selling clothes and home goods with a boho vibe
  • The Austin Wine Merchant, which has specialty wines, spirits and beers
Market District is also next to the 2nd Street District in Northshore Austin, home to trendy boutiques and restaurants. The downtown dining scene ranges from casual to upscale, with highlights like:
  • Clark's Oyster Bar, a seafood spot with a raw bar
  • Sammie’s Italian, an upscale eatery serving Italian classics
  • Better Half Coffee & Cocktails, an all-day cafe with weekend brunch
  • Hestia, a Michelin-starred restaurant known for live-fire cooking
  • Ranch 616, a Tex-Mex hangout with a lively atmosphere
West Sixth Street blends into Austin's buzzy Sixth Street District, a nightlife hub with more than 200 bars and live music venues. And if you walk across the Congress Avenue Bridge over Lady Bird Lake, you'll hit SoCo. Market District is also home to Whole Foods Market's flagship store, which doubles as its headquarters. It's more than just a grocery store — there's a rooftop playground and a few different shops inside. "You can't go wrong with walking around Whole Foods and visiting the shops within there," says Denise Bodman, an Austin Realtor with the Bodman Group at Compass.

Shoal Creek Trail, Lady Bird Lake and nearby parks

The Shoal Creek Trail, Austin's oldest hike-and-bike trail, runs right through Market District. You'll see people running, biking and walking their dogs along the tree-lined path. It connects directly to Lady Bird Lake and the Ann and Roy Butler Hike-and-Bike Trail, which loops around the lake for roughly 10 miles. The lake itself is popular for kayaking, canoeing and stand-up paddleboarding. Closer to home, Republic Square is an urban green space with a lawn, shaded seating and a Saturday farmers market.

Major Austin events just minutes from home

Some of Austin's biggest events take place right around Market District. South by Southwest, a world-renowned film, tech and music festival, takes over downtown each spring, and Market District is right in the middle of it. Austin is known as the Live Music Capital of the World, so it's no surprise that the Austin City Limits Music Festival is one of the city's most popular events. It’s held in Zilker Metropolitan Park, just a couple of miles from Market District along Lady Bird Lake.

Market District is walkable, with solid transit and highway access

Market District is pedestrian- and bike-friendly, so most daily errands don't require a car. For public transit, several CapMetro bus routes serve the neighborhood, and the MetroRail Red Line's Downtown station and Austin's Amtrak station are both within walking distance. The Red Line runs about 32 miles between the city center and Austin's northwestern suburbs. If you do have a car, it's easy to hop on the MoPac Expressway or Interstate 35 to get around the city. Austin-Bergstrom International Airport is roughly 12 miles, or a 20-minute drive, from Market District.

Sally Stimpson
Written By
Sally Stimpson
Saeid Zare
Photography Contributed By
Saeid Zare
Kyle Keyes
Video By
Kyle Keyes

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Parks in this Area

Transit

Airport

Austin-Bergstrom International

23 min drive

Bus

5th & West

Bus

5th & Bowie

Bus

5th & Nueces

Reviews

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Crime and Safety

1 - Low Crime, 10 - High Crime Market District US
Homicide 4 4
Sexual Assault 6 4
Assault with Weapon 4 4
Robbery 4 4
Burglary 9 4
Motor Vehicle Theft 9 4
Larceny 8 4
Crime Score 6 4

Source: WhatIsMyCrimeRisk.com

Neighborhood Facts

Number of Homes
1,035
Number of Homes for Sale
54
Median Year Built
2008
Months of Supply
8.60
Average Single Family Home Size Sq Ft
1,334
Significantly below the national average
1,933
Average Townhouse Size Sq Ft
1,704
Average 2 Bedroom Size Sq Ft
1,271
Average 1 Bedroom Size Sq Ft
784
Median Lot Size Sq Ft
4,356

Open Houses

Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Condo Buildings

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Rental Home Trends

Number of Homes for Rent
15
Median Rent
$3,625
Median Single Family Home Rent
$4,350
Median 3 Bedroom Single Family Home Rent
$12,500
Median Condo Rent
$3,700
Median 2 Bedroom Condo Rent
$4,500

Demographics

Total Population
3,235
Median Age
40
Population Density
73 ppl/acre
Population under 18
10.6%
Below the national average
23.8%
Population over 65
12.1%
Below the national average
19.1%

Finances

Median Household Income
$158,185
Significantly above the national average
$79,597
Average Household Income
$174,942

Education and Workforce

High School Graduates
100%
College Graduates
90.3%
Significantly above the national average
34.1%
Advanced Degrees
30.6%
% Population in Labor Force
85.7%
Above the national average
64.9%

Weather

Annual Precipitation
37''
Average Winter Low Temperature
42°F
Average Summer High Temperature
97°F
Annual Snowfall
0''

Area Factors

Exceptionally bikeable

Bikeability®

90 / 100

Exceptionally walkable

Walkability®

90 / 100

Good public transit

Transit®

70 / 100
Source: Local Logic
Sources: Local Logic

Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Nearby Neighborhoods

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Market District