Is 77304, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 77304 has remained a Seller's Market.
Key Takeaway
77304 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 77304, TX
How much do homes in 77304, TX cost?
Median Sold Price
$325,555
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 77304 have sold for 3.9% less than they did a year ago.
Summary: The median home sold price in 77304 was $325,555 in March 2024, down 3.9% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $177.4K | $205K | +15.6% |
| 2 Bedrooms | $237.5K | $240K | +1.1% |
| 3 Bedrooms | $305K | $308.5K | +1.2% |
| 4 Bedrooms | $371.7K | $344.4K | -7.3% |
| 5+ Bedrooms | $622.4K | $530.1K | -14.8% |
Summary: 77304 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.6%, 2 bedroom homes increased by 1.1%, 3 bedroom homes increased by 1.2%, 4 bedroom homes decreased by 7.3%, and 5+ bedroom homes decreased by 14.8%.
Housing Supply in 77304, TX
How many homes are available in 77304, TX?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 280 | 323 | +15.4% |
Summary: The 77304 real estate market had 323 homes for sale in March 2024, a 15.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 110 | 142 | +29.1% |
| 4 Bedrooms | 142 | 150 | +5.6% |
| 5+ Bedrooms | 24 | 27 | +12.5% |
Summary: The 77304 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 29.1%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 58 | 61 | +5.2% |
Asking Price vs. Sold Price
38 Homes Were Sold
Under Asking
18 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 77304, you may be able to get a good deal. 62.3% of homes here sold below asking price last month.
Summary: A total of 61 homes were sold or pending in 77304 in March 2024, up by 5.2% month-over-month. Of the 61 sold homes, 62% were sold under asking, 30% were sold at asking, and 8% were sold over asking.
Days on Market for 77304, TX
How long does it take to sell a home in 77304, TX?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 61 Days | 61 Days | +1.2% |
Summary: Homes in 77304 had an average of 61 days on market in Mar 2024, up by 1.2% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
22 Homes Were Sold
In 30 - 90 Days
15 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 77304 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 61 homes were sold in 77304; 39% 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.
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Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the San Antonio Board of Realtors. Real estate listings held by brokerage firms are indicated by detailed information about them such as the name of the listing firms. © 2024 San Antonio Board of Realtors®. All Rights Reserved.