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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing San Antonio is a seller's market

Buyer's
Market

Difference Since December 2021

Since last year, San Antonio has remained a Seller's Market.

Key Takeaway

San Antonio is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in San Antonio, TX cost?

Median Sold Price

$278,709

$166/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2021

+$28,711(+11.5%)

Key Takeaway

Homes in San Antonio have sold for 11.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2021Dec 2022%
1 $110K$127.3K
+15.8%
2 $164.9K$185K
+12.1%
3 $232.1K$263.1K
+13.3%
4 $306.4K$337.2K
+10.1%
5+ $389.8K$463.5K
+18.9%

Median Sold Price Compared To Nearby Cities

San Antonio
+11.5%
San Antonio Central
+9.9%
Castle Hills
+2.7%
Olmos Park
-4.3%

How many homes are available in San Antonio, TX?

Number of Homes For Sale

Nov 2022Dec 2022%
4,2334,106-3.0%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 7871
-9.0%
2 495477
-3.6%
3 2,1122,077
-1.7%
4 1,2721,230
-3.3%
5+ 276251
-9.1%

Number of Homes Sold

Nov 2022Dec 2022%
827693-16.2%

Asking Price vs. Sold Price

399 Homes Were Sold
Under Asking

163 Homes Were Sold
At Asking

130 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in San Antonio, you may be able to get a good deal. 57.7% of homes here sold below asking price last month.

Average Sale Time

Dec 2021Dec 2022%
38 Days54 Days+41.2%

Breakdown of Home Sale Times

270 Homes Were Sold
Under 30 Days

291 Homes Were Sold
In 30 - 90 Days

131 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in San Antonio has remained consistent over time.

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

About San Antonio, TX

Homes for sale in San Antonio, TX have reached 4,106. Between November 2022 and December 2022, San Antonio, TX real estate market has seen decrease in the number of listings by 3%. In December 2022 median list price was $278,709 and the average listing age was 54 days. From November 2022 through December 2022, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties increased by 15.8%, prices of 2 bedrooms properties went up by 12.1%, the cost of 3 bedrooms properties went up by 13.3%, 4 bedrooms properties became 10.1% more expensive, 5 bedrooms properties became 18.9% more expensive. Volume of homes for sale changed: 1 bedroom homes became 9% less available, volume of 2 bedrooms homes went down by 3.6%, 3 bedrooms homes inventory decreased by 1.7%, 4 bedrooms homes inventory decreased by 3.3%, volume of 5 bedrooms homes went down by 9.1%. While more than 130 listings in San Antonio, TX in December 2022 were sold above asking price, there were more than 163 listings sold at asking price, and more than 399 were sold below.

Related Housing Market Reports