Is San Antonio Northeast, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing San Antonio Northeast is a neutral's market

Buyer's
Market

Difference Since May 2023

At the same time last year, San Antonio Northeast was a Seller's Market.

Key Takeaway

San Antonio Northeast is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in San Antonio Northeast, TX

How much do homes in San Antonio Northeast, TX cost?

Median Sold Price

$260,000

$151/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$9,998(-3.7%)

Key Takeaway

Homes in San Antonio Northeast have sold for 3.7% less than they did a year ago.

Summary: The median home sold price in San Antonio Northeast was $260,000 in May 2024, down 3.7% from last year, and the median price per square foot was $151.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $110.5K$124.4K
+12.7%
2 $172.5K$174.2K
+1.0%
3 $255.1K$247.2K
-3.1%
4 $300K$290.1K
-3.3%
5+ $359.2K$360K
0.2%

Summary: San Antonio Northeast housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.7%, 2 bedroom homes increased by 1%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes increased by 0.2%.

Median Sold Price Compared To Nearby Cities

Schertz
-0.2%
Schertz
-1.5%
San Antonio Northeast
-3.7%
Universal City
-5.9%

Housing Supply in San Antonio Northeast, TX

How many homes are available in San Antonio Northeast, TX?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1,4201,540+8.5%

Summary: The San Antonio Northeast real estate market had 1,540 homes for sale in May 2024, a 8.5% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 1113
+18.2%
2 6368
+7.9%
3 804882
+9.7%
4 474508
+7.2%
5+ 6869
+1.5%

Summary: The San Antonio Northeast housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 18.2%, 2 bedroom homes increased by 7.9%, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 7.2%, and 5+ bedroom homes increased by 1.5%.

Number of Homes Sold

Apr 2024May 2024CHANGE
277245-11.6%

Asking Price vs. Sold Price

124 Homes Were Sold
Under Asking

79 Homes Were Sold
At Asking

41 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in San Antonio Northeast, you may be able to get a good deal. 50.8% of homes here sold below asking price last month.

Summary: A total of 245 homes were sold or pending in San Antonio Northeast in May 2024, down by 11.6% month-over-month. Of the 244 sold homes, 51% were sold under asking, 32% were sold at asking, and 17% were sold over asking.

Days on Market for San Antonio Northeast, TX

How long does it take to sell a home in San Antonio Northeast, TX?

Average Sale Time

May 2023May 2024CHANGE
64 Days67 Days+3.5%

Summary: Homes in San Antonio Northeast had an average of 67 days on market in May 2024, up by 3.5% compared to last year.

Breakdown of Home Sale Times

94 Homes Were Sold
Under 30 Days

89 Homes Were Sold
In 30 - 90 Days

62 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in San Antonio Northeast are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 245 homes were sold in San Antonio Northeast; 38% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in San Antonio Northeast, TX

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