Is Bexar County, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bexar County is a neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Bexar County was a Seller's Market.

Key Takeaway

Bexar County 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 Bexar County, TX

How much do homes in Bexar County, TX cost?

Median Sold Price

$294,371

$163/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$5,633(-1.9%)

Key Takeaway

Homes in Bexar County have sold for 1.9% less than they did a year ago.

Summary: The median home sold price in Bexar County was $294,371 in March 2024, down 1.9% from last year, and the median price per square foot was $163.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $129.9K$135K
+3.9%
2 $190K$191.1K
+0.6%
3 $273.4K$265.7K
-2.8%
4 $360.7K$341.7K
-5.3%
5+ $458.9K$447.6K
-2.5%

Summary: Bexar County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.9%, 2 bedroom homes increased by 0.6%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes decreased by 2.5%.

Median Sold Price Compared To Nearby Counties

Wilson County
+5.0%
Kendall County
+0.8%
Guadalupe County
-0.9%
Bexar County
-1.9%
Comal County
-6.8%

Housing Supply in Bexar County, TX

How many homes are available in Bexar County, TX?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
8,3379,241+10.8%

Summary: The Bexar County real estate market had 9,241 homes for sale in March 2024, a 10.8% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 116141
+21.6%
2 701785
+12.0%
3 4,1694,648
+11.5%
4 2,7643,005
+8.7%
5+ 587662
+12.8%

Summary: The Bexar County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 21.6%, 2 bedroom homes increased by 12%, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes increased by 12.8%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1,2941,399+8.1%

Asking Price vs. Sold Price

808 Homes Were Sold
Under Asking

392 Homes Were Sold
At Asking

199 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bexar County, you may be able to get a good deal. 57.8% of homes here sold below asking price last month.

Summary: A total of 1,399 homes were sold or pending in Bexar County in March 2024, up by 8.1% month-over-month. Of the 1,399 sold homes, 58% were sold under asking, 28% were sold at asking, and 14% were sold over asking.

Days on Market for Bexar County, TX

How long does it take to sell a home in Bexar County, TX?

Average Sale Time

Mar 2023Mar 2024CHANGE
66 Days77 Days+16.2%

Summary: Homes in Bexar County had an average of 77 days on market in Mar 2024, up by 16.2% compared to last year.

Breakdown of Home Sale Times

457 Homes Were Sold
Under 30 Days

464 Homes Were Sold
In 30 - 90 Days

478 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Bexar County are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 1399 homes were sold in Bexar County; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 34% 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 19 Days Ago

Newest Listings in Bexar County, TX

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