Is San Antonio, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, San Antonio was a Seller's Market.
Housing Prices in San Antonio, TX
How much do homes in San Antonio, TX cost?
Median Sold Price
$295,111
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in San Antonio was $295,111 in April 2024, up 3.3% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $129.9K | $134.5K | +3.5% |
2 Bedrooms | $185K | $189.9K | +2.7% |
3 Bedrooms | $265K | $267.8K | +1.0% |
4 Bedrooms | $350K | $349.9K | 0% |
5+ Bedrooms | $460K | $459.5K | -0.1% |
Summary: San Antonio housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.5%, 2 bedroom homes increased by 2.7%, 3 bedroom homes increased by 1%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 0.1%.
Median Sold Price Compared To Nearby Cities
Olmos Park | $662.4K | $693.1K | +4.6% |
San Antonio | $285.6K | $295.1K | +3.3% |
San Antonio Central | $228.6K | $228.3K | -0.1% |
Castle Hills | $447.5K | $445K | -0.6% |
Housing Supply in San Antonio, TX
How many homes are available in San Antonio, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8,095 | 8,771 | +8.4% |
Summary: The San Antonio real estate market had 8,771 homes for sale in April 2024, a 8.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 125 | 144 | +15.2% |
2 Bedrooms | 716 | 780 | +8.9% |
3 Bedrooms | 4,040 | 4,287 | +6.1% |
4 Bedrooms | 2,613 | 2,917 | +11.6% |
5+ Bedrooms | 601 | 643 | +7.0% |
Summary: The San Antonio housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 15.2%, 2 bedroom homes increased by 8.9%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 11.6%, and 5+ bedroom homes increased by 7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1,485 | 1,364 | -8.1% |
Asking Price vs. Sold Price
800 Homes Were Sold
Under Asking
348 Homes Were Sold
At Asking
214 Homes Were Sold
Over Asking
Summary: A total of 1,364 homes were sold or pending in San Antonio in April 2024, down by 8.1% month-over-month. Of the 1,362 sold homes, 59% were sold under asking, 26% were sold at asking, and 16% were sold over asking.
Days on Market for San Antonio, TX
How long does it take to sell a home in San Antonio, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
65 Days | 76 Days | +17.2% |
Summary: Homes in San Antonio had an average of 76 days on market in Apr 2024, up by 17.2% compared to last year.
Breakdown of Home Sale Times
480 Homes Were Sold
Under 30 Days
457 Homes Were Sold
In 30 - 90 Days
427 Homes Were Sold
Over 90 Days
Summary: During April 2024, 1364 homes were sold in San Antonio; 35% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.