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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing San Antonio Central is a buyer's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

San Antonio Central is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in San Antonio Central, TX

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

Median Sold Price

$226,965

$163/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$3,025(-1.3%)

Key Takeaway

Homes in San Antonio Central have sold for 1.3% less than they did a year ago.

Summary: The median home sold price in San Antonio Central was $226,965 in March 2024, down 1.3% from last year, and the median price per square foot was $163.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $135K$147.5K
+9.3%
2 $175.3K$171.2K
-2.4%
3 $229.9K$225K
-2.2%
4 $283K$269.9K
-4.6%
5+ $369.9K$384.8K
+4.0%

Summary: San Antonio Central housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.3%, 2 bedroom homes decreased by 2.4%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes decreased by 4.6%, and 5+ bedroom homes increased by 4%.

Median Sold Price Compared To Nearby Cities

Olmos Park
+18.3%
Alamo Heights
+9.6%
San Antonio
+3.9%
San Antonio Central
-1.3%

Housing Supply in San Antonio Central, TX

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

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2,2602,633+16.5%

Summary: The San Antonio Central real estate market had 2,633 homes for sale in March 2024, a 16.5% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 6986
+24.6%
2 436487
+11.7%
3 1,2491,493
+19.5%
4 413460
+11.4%
5+ 93107
+15.1%

Summary: The San Antonio Central housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 24.6%, 2 bedroom homes increased by 11.7%, 3 bedroom homes increased by 19.5%, 4 bedroom homes increased by 11.4%, and 5+ bedroom homes increased by 15.1%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
253318+25.7%

Asking Price vs. Sold Price

201 Homes Were Sold
Under Asking

81 Homes Were Sold
At Asking

36 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in San Antonio Central, you may be able to get a good deal. 63.2% of homes here sold below asking price last month.

Summary: A total of 318 homes were sold or pending in San Antonio Central in March 2024, up by 25.7% month-over-month. Of the 318 sold homes, 63% were sold under asking, 25% were sold at asking, and 11% were sold over asking.

Days on Market for San Antonio Central, TX

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

Average Sale Time

Mar 2023Mar 2024CHANGE
65 Days88 Days+33.8%

Summary: Homes in San Antonio Central had an average of 88 days on market in Mar 2024, up by 33.8% compared to last year.

Breakdown of Home Sale Times

79 Homes Were Sold
Under 30 Days

109 Homes Were Sold
In 30 - 90 Days

130 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 318 homes were sold in San Antonio Central; 25% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 41% 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 25 Days Ago

Newest Listings in San Antonio Central, TX

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