Is Leon Valley, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Leon Valley was a Seller's Market.
Key Takeaway
Leon Valley is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Leon Valley, TX
How much do homes in Leon Valley, TX cost?
Median Sold Price
$279,000
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Leon Valley have sold for 0.9% less than they did a year ago.
Summary: The median home sold price in Leon Valley was $279,000 in March 2024, down 0.9% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $273K | $268.9K | -1.5% |
| 3 Bedrooms | $262K | $258.2K | -1.4% |
| 4 Bedrooms | $319K | $300K | -6.0% |
| 5+ Bedrooms | $342.5K | $423.9K | +23.8% |
Summary: Leon Valley housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.5%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes decreased by 6%, and 5+ bedroom homes increased by 23.8%.
Median Sold Price Compared To Nearby Cities
| San Antonio | $284K | $294.9K | +3.9% |
| Leon Valley | $281.5K | $279K | -0.9% |
| San Antonio Central | $229.9K | $226.9K | -1.3% |
| San Antonio Northwest | $320.2K | $315.6K | -1.4% |
Housing Supply in Leon Valley, TX
How many homes are available in Leon Valley, TX?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 33 | 52 | +57.6% |
Summary: The Leon Valley real estate market had 52 homes for sale in March 2024, a 57.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 22 | 32 | +45.5% |
| 4 Bedrooms | 7 | 14 | +100.0% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Leon Valley 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 45.5%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1 | 7 | +600.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Leon Valley, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Leon Valley in March 2024, up by 600.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 43% were sold at asking, and 0% were sold over asking.
Days on Market for Leon Valley, TX
How long does it take to sell a home in Leon Valley, TX?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 107 Days | 55 Days | -48.5% |
Summary: Homes in Leon Valley had an average of 55 days on market in Mar 2024, down by 48.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Leon Valley are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 7 homes were sold in Leon Valley; 43% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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.